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

Credit Unions’ Product Innovations Pay off With New Members
Credit Unions’ Product Innovations Pay off With New Members
March 06, 2024  |  Credit Unions

An increasing number of former bank customers are transitioning away from those institutions in favor of becoming credit union members. These newly minted members are...

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Banking Customers Opt for Smaller Lenders As Giants Get Too Big
Banking Customers Opt for Smaller Lenders As Giants Get Too Big
March 05, 2024  |  Banking

As the country’s banking giants expand, some consumers are looking for smaller alternatives. It’s a trend at the center of a Tuesday (March 5) Wall...

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Epic River Intros Credit Union Lending Platform for Healthcare Providers
Epic River Intros Credit Union Lending Platform for Healthcare Providers
March 04, 2024  |  Healthcare

Epic River has unveiled a specialized digital lending platform designed to bridge the gap between financial institutions and healthcare services. This solution aims to transform...

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Credit Unions Explore Digital Pathways to Transform SMB Lending
Credit Unions Explore Digital Pathways to Transform SMB Lending
February 29, 2024  |  SMBs

While traditional financial institutions (FIs) have historically dominated the industry, credit unions (CUs) have carved out a unique niche, serving the needs of their members...

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Wedge Launches White-Label Programmable Payment Solution, Appoints President
Wedge Launches White-Label Programmable Payment Solution, Appoints President
February 28, 2024  |  Digital Payments

Wedge has introduced a white-label programmable payment solution for banking associations and credit unions. The firm has also appointed Kim Askwith, formerly of Ernst & Young, as president...

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Prizeout Launches Cash-Back Products for Credit Unions
Prizeout Launches Cash-Back Products for Credit Unions
February 21, 2024  |  Gift Cards

Prizeout has introduced a new white-label solution that enables credit unions to offer their members a suite of cash-back products. The new CashBack+ helps credit...

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PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
February 21, 2024  |  Credit Unions

Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO...

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Erie Federal Credit Union Taps PSCU for Card Processing Services
Erie Federal Credit Union Taps PSCU for Card Processing Services
February 20, 2024  |  Credit Unions

Erie Federal Credit Union (Erie FCU) has completed its conversion to having PSCU/Co-op Solutions provide debit and credit card processing services and support. Erie FCU formalized its...

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Credit Unions Bank on Personal Relationships as Foundation for Payments Innovation
Credit Unions Bank on Personal Relationships as Foundation for Payments Innovation
February 15, 2024  |  BNPL

Consumers today have a growing number of ways to re-tool their financial health. But in a landscape where options abound, employing a personal touch can...

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