CheckAlt, which provides payment and item processing for banks and credit unions (CUs), announced it has formed an alliance with credit union service organization (CUSO) CU Prodigy to advance CU’s digital transformations. The company said the arrangement is designed especially to handle loan payment processing services....
USALLIANCE Financial, a Rye, N.Y.-based credit union (CU), has chosen the FIS Payments One platform to simplify and modernize its collection of credit and debit card digital payment offerings for its members, according to a Thursday (June 24) announcement. “Payments One is built to make payments simpler...
Demand for contactless payment options has been at an all-time high since March of last year, spurred by the World Health Organization, which warned then that cash use could further fuel the virus’s spread. Twenty-nine European countries responded by discouraging physical modes of payment and...
Elan Financial Services, which is an agent credit card issuer that works with credit union (CU) partners, and Desert Financial Credit Union have lengthened their long-term collaboration, according to a Monday (June 21) announcement emailed to PYMNTS. “Through our partnership, we have been able to...
Credit union (CU) members have a loud and clear message for their CUs: They want contactless tools — and they want them now. In the Credit Union Tracker, Alliant Credit Union’s Sumeet Grover talks about how adding support for mobile wallets and contactless debit cards...
The data is in, and it is clear: Credit union (CU) members want access to digital payment tools like contactless cards, and they are willing to switch to other financial institutions (FIs) if their CUs fail to deliver. PYMNTS’ Credit Union Innovation Playbook found that...
The fact that, in the midst of the pandemic, credit unions were able to grow their members by 2 percent might seem like something of an anomaly. Even 2 percent growth, given all the economic bumps of the past year and a half, is still...
CU Recovery, a PSCU company, has teamed with DCM Services, LLC, which provides data and contact management solutions for the estate and specialty receivables recovery space, according to a Tuesday (June 8) announcement emailed to PYMNTS. The partnership “grew organically from a synergistic relationship” between the two...
DuPont Community Credit Union (DCCU) inked a multiyear deal for Lumin Digital’s cloud-native platform for online and mobile digital banking, Lumin Digital, a PSCU company, announced Wednesday (June 2) in a press release emailed to PYMNTS. The credit union (CU) has been part of the...
