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

Today In Payments: Ant Group Launches Blockchain Trading Platform; Meal Delivery Companies Face New CA Rules
Today In Payments: Ant Group Launches Blockchain Trading Platform; Meal Delivery Companies Face New CA...
September 25, 2020  |  News

In today’s top news, Ant Group launched a cross-border blockchain trading platform for businesses, and California introduced new regulations for food delivery startups. Plus, credit...

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Report: Credit Unions Look Past FICO Scores To Unlock Member Credit
Report: Credit Unions Look Past FICO Scores To Unlock Member Credit
September 25, 2020  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Community FIs Battle Against Low Interest Rates To Help SMBs Thrive
Community FIs Battle Against Low Interest Rates To Help SMBs Thrive
September 24, 2020  |  B2B Payments

When the Paycheck Protection Program (PPP) rolled out in the U.S., smaller community banks and credit unions (CUs) stepped up to the plate and, according...

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Credit Unions Prepare For A New, Uneven Playing Field
Credit Unions Prepare For A New, Uneven Playing Field
September 22, 2020  |  Credit Unions

Between wildfires, hurricanes, civil unrest and an international pandemic, running a credit union (CU) in 2020 has been all about reacting to rapid, radical and sometimes...

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Purdue Federal Credit Union Selects Payrailz For Payment Services
Purdue Federal Credit Union Selects Payrailz For Payment Services
September 21, 2020  |  B2B Payments

Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payments services. The West Lafayette, Indiana-based credit union (CU) is also becoming a...

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A Network In A Time Of Need: Credit Unions Go National When Disaster Strikes
A Network In A Time Of Need: Credit Unions Go National When Disaster Strikes
September 16, 2020  |  Credit Unions

If we take only one lesson away from 2020, it’s that disasters are going to happen. However, knowing what form those disasters will take and...

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How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
September 11, 2020  |  Fraud Prevention

Chargeback options are meant to protect consumers, but shoppers also sometimes file claims over purchases they simply don’t recall or don’t want to pay for....

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Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
September 10, 2020  |  Fraud Prevention

Card-not-present (CNP) transactions are rising as consumers lean heavily on digital channels to meet their needs during the ongoing pandemic. Get the Full Story Complete...

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How Credit Unions Are Moving The Consumer’s Basic Banking Needs Digital
How Credit Unions Are Moving The Consumer’s Basic Banking Needs Digital
September 02, 2020  |  Credit Unions

The idea of offering digital services was hardly new to credit unions (CUs) before the pandemic, but the outbreak provided “the why” for going all-in,...

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