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

Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
December 13, 2023  |  BNPL

Equipifi will add a new white-label buy now, pay later (BNPL) option for debit card issuers in 2024. The new Pay-in-4 option will allow consumers...

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FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
December 11, 2023  |  BNPL

FedFinancial Federal Credit Union (FedFinancial FCU), which serves federal employees and their family members in Washington, D.C., and Baltimore, has launched a buy now, pay...

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Nearly 40% of Credit Unions Say No to Installment Loans
Nearly 40% of Credit Unions Say No to Installment Loans
December 11, 2023  |  Credit Unions

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto...

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Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. But growth is still growth and consumers are still tapping...

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Nearly 1 in 5 Big Revolving Credit Users May Choose a Credit Union for Next Card
Nearly 1 in 5 Big Revolving Credit Users May Choose a Credit Union for Next...
December 06, 2023  |  Credit Cards

National banks dominate the U.S. consumer credit card industry, with a strong position that is unlikely to be challenged anytime soon. However, smaller financial institutions...

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PSCU to Provide Card Processing Services to NorState Federal Credit Union
PSCU to Provide Card Processing Services to NorState Federal Credit Union
December 05, 2023  |  Credit Unions

Maine-based NorState Federal Credit Union will receive debit and credit card processing services and support from credit union service organization (CUSO) PSCU. PSCU will provide...

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25% of Consumers Want Quick Access to Credit Funds
25% of Consumers Want Quick Access to Credit Funds
November 29, 2023  |  Banking

In addition to interest rates and terms, many consumers value the speed with which money becomes available after they apply for a credit product. Reducing...

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58% of Consumers Consider Convenience When Applying for Credit Products
58% of Consumers Consider Convenience When Applying for Credit Products
November 28, 2023  |  Consumer Insights

Consumers face a multitude of choices when it comes to credit products, and their decision-making process is influenced by several key factors — their assessments...

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Entrust Launches New Digital Account Opening Solution for Financial Institutions
Entrust Launches New Digital Account Opening Solution for Financial Institutions
November 28, 2023  |  Banking

Entrust has launched a new digital account opening solution for banks and credit unions. The new Entrust Digital Account Opening Solution is designed to overcome...

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