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

New Data: How Credit Unions Can Own the Back Half of the Decade

New Data: How Credit Unions Can Own the Back Half of the Decade
New Data: How Credit Unions Can Own the Back Half of the Decade
January 30, 2025  |  Credit Unions

Credit unions (CUs) face a critical question: How can they remain top of mind for current members while attracting new ones, especially when younger consumers...

READ MORE >
Velera Introduces Card on File Solution for Credit Union Cardholders
Velera Introduces Card on File Solution for Credit Union Cardholders
January 29, 2025  |  Credit Unions

Credit union service organization (CUSO) Velera introduced its Card on File solution that enables cardholders to update payment methods across more than 115 merchants. Card...

READ MORE >
Behind the Report: A Sneak Peek Into the Future of Credit Unions
Behind the Report: A Sneak Peek Into the Future of Credit Unions
January 29, 2025  |  Credit Unions

Tomorrow, PYMNTS Intelligence, in collaboration with Velera, will release a groundbreaking report, “Roadmap to 2030: The Seven Strategic Planks for Credit Unions To Capture Top...

READ MORE >
Partnerships Between Credit Unions and FinTechs Create ‘Proactive Future’
Partnerships Between Credit Unions and FinTechs Create ‘Proactive Future’
January 16, 2025  |  Partnerships

In the past, financial institutions and FinTechs competed with one another, jostling for clients’ accounts, loyalty and debit card spending. Times have changed, Velera Vice...

READ MORE >
Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
January 15, 2025  |  Credit Cards

For banks and credit unions looking to modernize, the timing has never been better. “Banks want to offer more competitive products, increase profitability and, critically,...

READ MORE >
Nearly Half of Rural Small Businesses Do Business With the Bank on the Corner
Nearly Half of Rural Small Businesses Do Business With the Bank on the Corner
January 08, 2025  |  SMBs

Small and mid-sized businesses (SMBs) are considering a switch from national banks to local financial institutions (FIs) like community banks and credit unions (CUs). While...

READ MORE >
Eltropy Adds ‘People-First’ Collections Technology With Acquisition of Lexop
Eltropy Adds ‘People-First’ Collections Technology With Acquisition of Lexop
January 06, 2025  |  Partnerships

Eltropy acquired Lexop, saying the combination of the companies’ technologies will help community financial institutions (CFIs) reduce and prevent delinquencies, collect faster and enhance borrower...

READ MORE >
90% of FinTechs View Credit Unions as Collaborators, Not Competitors
90% of FinTechs View Credit Unions as Collaborators, Not Competitors
January 03, 2025  |  Credit Unions

In the financial services market, credit unions (CUs) and financial technology (FinTech) companies are moving from rivals to partners. As consumer demand for seamless banking...

READ MORE >