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 the Connected Economy: Revolut Rolls Into New Countries
Today in the Connected Economy: Revolut Rolls Into New Countries
March 30, 2022  |  Connected Economy

Today in the connected economy, financial super app Revolut expands into a host of new countries, while Experian and Black Opal team up to help...

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Upgrade Teams With Northwoods Credit Union for 100th CU Partnership
Upgrade Teams With Northwoods Credit Union for 100th CU Partnership
March 30, 2022  |  Partnerships

FinTech Upgrade, Inc., unveiled the addition of Northwoods Credit Union as its 100th credit union (CU) partner on Wednesday (March 30), according to a joint...

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Canvas Credit Union on Keeping the Human Touch in Digital Banking for SMBs
Canvas Credit Union on Keeping the Human Touch in Digital Banking for SMBs
March 30, 2022  |  Digital-First Banking

SMBs want cutting-edge digital banking services that help them attract — and interact — with global customers, yet still with personalized financial offers that cater...

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Today in B2B: Trucking Industry Moving Into the Digital Age; Credit Unions Aren’t Yet One-Stop Shops for Business Customers
Today in B2B: Trucking Industry Moving Into the Digital Age; Credit Unions Aren’t Yet One-Stop...
March 25, 2022  |  B2B Payments

Today in B2B payments, almost half of credit union members get business lines of credit elsewhere, and it’s time for restaurants to update their back-of-the-house...

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48% of Credit Union Members Get Business Lines of Credit From Other Financial Institutions
48% of Credit Union Members Get Business Lines of Credit From Other Financial Institutions
March 25, 2022  |  B2B Payments

More credit union (CU) members are sourcing financial services from CUs’ competitors now than in 2020. For example, the share of CU members seeking business...

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Study: Only 14% of Young Consumers Favor Credit Unions
Study: Only 14% of Young Consumers Favor Credit Unions
March 24, 2022  |  Credit Unions

When it comes to the bank versus credit union (CU) debate, it’s clear where the loyalty of younger consumers lies. A PYMNTS survey found younger...

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PYMNTS Intelligence: How CUs Can Use Innovative Digital Offerings to Grow, Retain Membership
PYMNTS Intelligence: How CUs Can Use Innovative Digital Offerings to Grow, Retain Membership
March 24, 2022  |  Credit Unions

Innovative digital banking technologies, including peer-to-peer (P2P) payments, mobile wallets and instant cards, offer CUs important avenues for attracting and retaining members, particularly younger consumers....

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OneAZ Credit Union on Leveraging Digital Identity to Ensure AML Compliance
OneAZ Credit Union on Leveraging Digital Identity to Ensure AML Compliance
March 24, 2022  |  Authentication

FIs with insufficient digital identity protocols risk being hit with a one-two punch from debilitating money laundering schemes as well as stiff government agency penalties...

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Amplify Credit Union on Creating a Digital Backbone
Amplify Credit Union on Creating a Digital Backbone
March 23, 2022  |  Credit Unions

Mobile deposit features and real-time mortgage funding may satisfy digital-first credit union members, but a slew of back-end systems is required to keep these innovations...

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