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

Cost and Integration Concerns Keep Smaller Banks From Adopting Real-Time Payments
Cost and Integration Concerns Keep Smaller Banks From Adopting Real-Time Payments
March 14, 2025  |  Banking

The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including...

READ MORE >
Credit Unions Turn to Members to Help Shape Innovation
Credit Unions Turn to Members to Help Shape Innovation
March 11, 2025  |  Credit Unions

When it comes to designing the digital journeys that link banks with members, the old approach that “if you build it, they will come” holds...

READ MORE >
Credit Unions Fight Fraud With Tougher Tech and Smarter Members
Credit Unions Fight Fraud With Tougher Tech and Smarter Members
March 06, 2025  |  Credit Unions

Credit unions (CUs) have long prided themselves on being the “people’s bank” — local, personal and rooted in trust. But guess what? That makes them...

READ MORE >
Finastra and i2c Launch Payment Issuance Partnership for Banks and CUs
Finastra and i2c Launch Payment Issuance Partnership for Banks and CUs
March 05, 2025  |  Partnerships

Financial services software provider Finastra has launched a collaboration with banking/payment solutions firm i2c. The partnership, announced Wednesday (March 5), is aimed at bringing payment...

READ MORE >
32% of SMBs Favor Community Banks Over National Banks
32% of SMBs Favor Community Banks Over National Banks
March 05, 2025  |  Banking

With 16% of small and mid-sized businesses (SMBs) considering switching banks, many are turning to community banks and credit unions (CUs) for their personalized service...

READ MORE >
Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
March 03, 2025  |  Credit Unions

Credit union service organization Velera is sounding the alarm on “consumer-engaged” fraud. The group on Monday (March 3) announced it had released a guide on this type...

READ MORE >
Credit Unions and FinTechs Find Common Ground Through Personalization
Credit Unions and FinTechs Find Common Ground Through Personalization
February 27, 2025  |  Credit Unions

Not all that long ago, FinTechs competed with banks — especially credit unions and smaller players — for the same set of customers and accounts....

READ MORE >
Going High-Touch and High-Tech Helps Local Banks Win Over Small Business Customers
Going High-Touch and High-Tech Helps Local Banks Win Over Small Business Customers
February 26, 2025  |  Banking

Across the financial services landscape, digital transformation has changed everything. This fundamental and technological shift has led to an ongoing recalibration of the relationships small...

READ MORE >
Get, Keep and Grow Customers: Credit Unions Double Down on Digital
Get, Keep and Grow Customers: Credit Unions Double Down on Digital
February 13, 2025  |  Credit Unions

Credit unions have long jockeyed to gain consumer loyalty and top-of-mind status against mega-banks, and more recently, digital-only banks. The competition may seem a bit...

READ MORE >