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

5 Things to Watch as Open Banking Gains Ground in the US
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024  |  Legal & Regulation

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from...

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Credit Unions Look to Connect With Gen Z
Credit Unions Look to Connect With Gen Z
June 06, 2024  |  Credit Unions

As Generation Z comes into its own as a demographic sector to be reckoned with, financial institutions (FIs) of all stripes are eager to win...

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FinTech and Credit Union Innovation Agendas Meet at Gen Z
FinTech and Credit Union Innovation Agendas Meet at Gen Z
June 04, 2024  |  Credit Unions

A key objective among FinTechs is to innovate new products that extend their brand reputation and market reach. For example, FinTechs are expanding their mobile...

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Gen Z Members Expect Credit Unions to Double Banking Features
Gen Z Members Expect Credit Unions to Double Banking Features
May 30, 2024  |  Credit Unions

According to PYMNTS Intelligence data, 95% of U.S. credit unions (CUs) are now wooing prospective Gen Z members. However, as “How Credit Union Innovation Can...

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Credit Union Innovation Hinges on Payment Speed and Security
Credit Union Innovation Hinges on Payment Speed and Security
May 30, 2024  |  Credit Unions

In an era of rapid technological advancement, there remain certain immutable aspects — particularly for payments. When it comes to the way businesses and consumers...

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VoPay Debuts Cash Management Platform TXB
VoPay Debuts Cash Management Platform TXB
May 29, 2024  |  B2B Payments

Embedded payments technology company VoPay has debuted a digital transaction and cash management platform. Dubbed TXB, the platform is designed to help banks and credit...

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Pidgin and Corelation Team on Real-Time CU Payments
Pidgin and Corelation Team on Real-Time CU Payments
May 28, 2024  |  Credit Unions

Pidgin and Corelation have teamed to let more credit unions offer members real-time payments. The partnership between real-time payments platform Pidgin and payments processing Fintech Corelation will let...

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Real-Time Transactions and Regulations Continue to Shape Payments
Real-Time Transactions and Regulations Continue to Shape Payments
May 24, 2024  |  Real-Time Payments

When it comes to payments innovations, banks and payment companies have held up their end of the deal. Instant payments, pay-by-bank, digital wallets, artificial intelligence and...

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Debit Fee Cap Proposal Comment Period Floods Fed Website
Debit Fee Cap Proposal Comment Period Floods Fed Website
May 23, 2024  |  Bank Regulation

The Federal Reserve’s proposal to lower debit interchange fee caps has drawn a flurry of responses — roughly 2,500 responses, in fact — from trade...

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