credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

Velera Partners With The Knoble to Combat Financial Crimes
Velera Partners With The Knoble to Combat Financial Crimes
December 18, 2024  |  Partnerships

Credit union service organization Velera partnered with The Knoble to combat human crime, which includes human trafficking, child exploitation, financial scams, elder abuse and other...

READ MORE >
CFPB Unveils Overdraft Fee Regulations for Large Banks and Credit Unions
CFPB Unveils Overdraft Fee Regulations for Large Banks and Credit Unions
December 12, 2024  |  Legal & Regulation

Nearly a week after a federal judge blocked a cap on “junk fees,” the Consumer Financial Protection Bureau is overhauling overdraft fee regulations for large...

READ MORE >
Equipifi and Synergent Partner on BNPL Programs for Credit Unions
Equipifi and Synergent Partner on BNPL Programs for Credit Unions
December 11, 2024  |  BNPL

Equipifi and Synergent have partnered to help credit unions launch their own buy now, pay later (BNPL) programs through their banking apps. This partnership will...

READ MORE >
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
December 10, 2024  |  Cybersecurity

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital...

READ MORE >
Energy Capital Credit Union Picks Velera for Debit Card Processing
Energy Capital Credit Union Picks Velera for Debit Card Processing
December 05, 2024  |  Credit Unions

Energy Capital Credit Union has expanded its partnership with credit union service organization (CUSO) Velera. Velera had already been providing credit card processing support for Energy Capital...

READ MORE >
Can Community Banks Out-Innovate Big Banks? The Tech Says Yes
Can Community Banks Out-Innovate Big Banks? The Tech Says Yes
December 05, 2024  |  Banking

If banks can’t give their customers the financial services they want or the experiences they expect, those customers will go and look for them elsewhere....

READ MORE >
Shastic and MeridianLink Partner on Workflow Automation for Financial Institutions
Shastic and MeridianLink Partner on Workflow Automation for Financial Institutions
December 03, 2024  |  Banking

Shastic and MeridianLink have partnered to deliver artificial intelligence (AI)-powered workflow automation to banks and credit unions. In this collaboration, Shastic’s workflow automation solution will be...

READ MORE >
Chief Risk Officers Suit Up for Digital Duty
Chief Risk Officers Suit Up for Digital Duty
November 27, 2024  |  Risk Management

As financial services become more interconnected and technology-driven, the role and impact of the chief risk officer (CRO) is evolving dramatically. “The speed of change...

READ MORE >
Bridging the Digital Divide: How Banks Can Meet Customer Expectations in Lending
Bridging the Digital Divide: How Banks Can Meet Customer Expectations in Lending
November 22, 2024  |  Banking

Banks and credit unions may feel like they offer a best-in-class digital experience — and the readiness to offer new services and options — when...

READ MORE >