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

How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
September 11, 2020  |  Fraud Prevention

Chargeback options are meant to protect consumers, but shoppers also sometimes file claims over purchases they simply don’t recall or don’t want to pay for....

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Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
September 10, 2020  |  Fraud Prevention

Card-not-present (CNP) transactions are rising as consumers lean heavily on digital channels to meet their needs during the ongoing pandemic. Fraudsters are eager to steal...

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How Credit Unions Are Moving The Consumer’s Basic Banking Needs Digital
How Credit Unions Are Moving The Consumer’s Basic Banking Needs Digital
September 02, 2020  |  Credit Unions

The idea of offering digital services was hardly new to credit unions (CUs) before the pandemic, but the outbreak provided “the why” for going all-in,...

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Credit Unions Are Betting On Microbusinesses
Credit Unions Are Betting On Microbusinesses
August 31, 2020  |  Credit Unions

Microbusinesses, from food trucks to housepainters, tend to be sole proprietorships pulling in $250,000 to $1 million per year top-line. In the developing world, financing...

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Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
August 28, 2020  |  Credit Unions

Credit unions are keeping microbusinesses front and center as they plan for future technological innovations. Microbusinesses usually generate just $250,000 to $1 million annually, but they...

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Report: How ING Group Is Using AI To Fight Financial Crime
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020  |  Fraud Prevention

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts...

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Serving Microbusinesses, Gen Z Consumers With Innovative Approaches 
Serving Microbusinesses, Gen Z Consumers With Innovative Approaches 
August 27, 2020  |  Today In Data

Credit unions (CUs) have been particularly invested in helping microbusinesses, with a sizable share of them intending to launch innovations geared toward these companies within the...

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How CUs Assist Microbusinesses With Navigating COVID-19 Recovery
How CUs Assist Microbusinesses With Navigating COVID-19 Recovery
August 27, 2020  |  Credit Unions

The pandemic-related downturn is threatening microbusinesses’ very survival, with many turning to credit unions to seek assistance, says Andrea Mosher, senior vice president of lending...

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Credit Unions Help Microbusinesses Go Digital To Stay Afloat
Credit Unions Help Microbusinesses Go Digital To Stay Afloat
August 26, 2020  |  Credit Unions

The United States is home to more than 30 million microbusinesses, and these firms play a critical role in shaping the nation’s economy. These businesses have...

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