Washington-based credit union BECU has acquired generative artificial intelligence (AI) capabilities and 13 team members from FinTech company EarnUp. One of the team members, EarnUp Co-Founder Nadim Homsany, is now the credit union’s head of AI strategy and innovation, BECU President and CEO Beverly Anderson...
Credit unions’ mission-driven, customer-centric reputations were once enough to ensure survival, but members have spoken: Without access to cutting-edge payment options and other digital conveniences, they might take their business elsewhere. In the latest "Credit Union Tracker," BECU’s Thomas Hobbs explains how CUs can remain...
It was once sufficient for credit unions (CUs) to lean on their reputations as being customer-centric and mission-driven. Increasingly, however, consumers need access to cutting-edge financial technologies and payment methods to win them over. Remaining competitive in the financial space today means prioritizing digital innovations...
The old financial services landscape used to be divided between the traditional financial institutions (FIs) and the FinTechs, locked in a battle for customer loyalty and wallet share. The FinTechs? They went all out to poach FIs’ members. The FIs? They were determined to use...
June 27, 2022
It was once sufficient for credit unions (CUs) to lean on their reputations as being customer-centric and mission-driven. Increasingly, however, consumers need access to cutting-edge financial technologies and payment methods to win them over. Remaining competitive in the financial space today means prioritizing digital innovations such as contactless payments, mobile wallets and other touchless payment […]
February 09, 2022
The old financial services landscape used to be divided between the traditional financial institutions (FIs) and the FinTechs, locked in a battle for customer loyalty and wallet share. The FinTechs?...
August 30, 2021
Pre-pandemic, credit union (CU) members were unlikely to think of their financial institutions (FIs) as digital innovators, prizing them instead for their in-person — specifically in-branch — experience. The physical...
August 27, 2021
Consumers conducted nearly everything from their grocery shopping to making mortgage payments virtually over the past 17 months, and their newfound comfort with digital banking features is not likely to...
November 18, 2025
Credit unions BECU and SAFE plan to combine, creating the fourth largest credit union by asset size in the United States. The proposed merger was unanimously approved by the boards of directors of both credit unions but remains subject to regulatory approvals and a vote by SAFE’s membership, according to a Tuesday (Nov. 18) press […]
July 03, 2025
Washington-based credit union BECU has acquired generative artificial intelligence (AI) capabilities and 13 team members from FinTech company EarnUp. One of the team members, EarnUp Co-Founder Nadim Homsany, is now...
