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

What Happens When Credit Unions Let Members Drive Rewards

What Happens When Credit Unions Let Members Drive Rewards
What Happens When Credit Unions Let Members Drive Rewards
July 28, 2020  |  Credit Unions

Credit union (CU) members tend to be more loyal than their counterparts at big banks, and customer relationships play a more central role for CUs...

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How ‘Data Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters
How ‘Data Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters
July 27, 2020  |  Fraud Prevention

Consumers want a speedy, Amazon-like experience when creating accounts with their banks, but keeping fraudsters from slipping in among genuine users can be a challenge....

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Why Collaboration Is Credit Unions’ Payments Innovation Advantage
Why Collaboration Is Credit Unions’ Payments Innovation Advantage
July 24, 2020  |  B2B Payments

One of the biggest differences between a bank and a credit union (CU) is that unlike a for-profit bank, a CU is owned by its...

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New Report: How FIs Are Finding Fraudsters Wherever They May Hide
New Report: How FIs Are Finding Fraudsters Wherever They May Hide
July 24, 2020  |  Fraud Prevention

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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Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To Go Public
Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To...
July 23, 2020  |  News

In today’s top news, Amazon will soon offer auto insurance in India, and Airbnb has been approached to merge with a blank-check acquisition company. Plus,...

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COVID-19: A Driving Force For Digital, Contactless And Mobile Wallets
COVID-19: A Driving Force For Digital, Contactless And Mobile Wallets
July 23, 2020  |  Payments Innovation

“Consumers do not want a gap or friction at any point along the way, making it critical for financial institutions to understand and define member...

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New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
July 23, 2020  |  Credit Unions

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by...

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Credit Unions Accelerate Modernization With FinTech Collabs
Credit Unions Accelerate Modernization With FinTech Collabs
July 22, 2020  |  B2B Payments

Credit unions continue to drive modernization efforts, often with a focus on their growing business member segment, and often with a FinTech as a co-pilot....

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