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 Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters
How ‘Data Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters
July 27, 2020  |  Fraud Prevention

Consumers want a speedy, Amazon-like experience when creating accounts with their banks, but keeping fraudsters from slipping in among genuine users can be a challenge....

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Why Collaboration Is Credit Unions’ Payments Innovation Advantage
Why Collaboration Is Credit Unions’ Payments Innovation Advantage
July 24, 2020  |  B2B Payments

One of the biggest differences between a bank and a credit union (CU) is that unlike a for-profit bank, a CU is owned by its...

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New Report: How FIs Are Finding Fraudsters Wherever They May Hide
New Report: How FIs Are Finding Fraudsters Wherever They May Hide
July 24, 2020  |  Fraud Prevention

Synthetic identity fraud is costing companies heavily, with $14.7 billion lost to this type of crime in 2018 alone. This is a particularly subtle and...

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Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To Go Public
Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To...
July 23, 2020  |  News

In today’s top news, Amazon will soon offer auto insurance in India, and Airbnb has been approached to merge with a blank-check acquisition company. Plus,...

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COVID-19: A Driving Force For Digital, Contactless And Mobile Wallets
COVID-19: A Driving Force For Digital, Contactless And Mobile Wallets
July 23, 2020  |  Payments Innovation

“Consumers do not want a gap or friction at any point along the way, making it critical for financial institutions to understand and define member...

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New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
July 23, 2020  |  Credit Unions

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by...

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Credit Unions Accelerate Modernization With FinTech Collabs
Credit Unions Accelerate Modernization With FinTech Collabs
July 22, 2020  |  B2B Payments

Credit unions continue to drive modernization efforts, often with a focus on their growing business member segment, and often with a FinTech as a co-pilot....

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Banks Must Look Beyond Speed To Optimize Digital Account Opening
Banks Must Look Beyond Speed To Optimize Digital Account Opening
July 16, 2020  |  Digital-First Banking

Without the local branch to visit, financial institution (FI) customers were suddenly thrust into the world of digital and online banking. PYMNTS’ most recent Digital-First Banking...

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Credit Unions Tech Up For Loyalty
Credit Unions Tech Up For Loyalty
July 03, 2020  |  Credit Unions

If there’s one thing credit union (CU) members are known for, it’s their loyalty. Since most CUs start life as an economic affinity group of...

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