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

52% of Gen Z and Millennial Consumers Say They Might Give Community Banks a Try
52% of Gen Z and Millennial Consumers Say They Might Give Community Banks a Try
October 02, 2024  |  Credit Unions

As digital banking transforms the financial landscape, community banks and credit unions (CUs) are poised to capture Generation Z and millennials. These digital natives are...

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Proposed Credit Union Merger Would Create $29 Billion Bank
Proposed Credit Union Merger Would Create $29 Billion Bank
September 30, 2024  |  Credit Unions

Digital Federal Credit Union and First Tech Federal Credit Union have announced plans to merge, the credit unions said in a Monday (Sept. 30) news...

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Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
September 23, 2024  |  Banking

The Federal Deposit Insurance Corp.’s latest data on deposits shows just how bifurcated the banking industry is, in terms of the largest players, home to...

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The Key to Capturing Gen Z: Credit Unions Embrace Digital Personalization
The Key to Capturing Gen Z: Credit Unions Embrace Digital Personalization
September 17, 2024  |  Credit Unions

When it comes to digital engagement, there’s a lot at stake for credit unions. As detailed in “How Credit Union Innovation Can Drive Gen Z...

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Illuma Labs Raises $9 Million for Bank Voice Verification
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024  |  Investments

Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact...

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Velera Begins Providing Card Processing to Florida-Based BrightStar Credit Union
Velera Begins Providing Card Processing to Florida-Based BrightStar Credit Union
September 12, 2024  |  Credit Unions

Credit union service organization (CUSO) Velera has begun providing card processing solutions to BrightStar Credit Union, which services about 60,000 members in South Florida. The...

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Could Generational Change Be The Next Wild Card For Financial Services?
Could Generational Change Be The Next Wild Card For Financial Services?
September 11, 2024  |  Opinion

Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS...

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NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
September 11, 2024  |  Banking

Small and medium-sized businesses (SMBs) need help with digital transformation and financial management in an uncertain business environment, and community banks and credit unions should...

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NCR Voyix: Fraud Is ‘Massive And Ever-Present’ Concern
NCR Voyix: Fraud Is ‘Massive And Ever-Present’ Concern
September 10, 2024  |  Opinion

While regulatory changes can present challenges, they can also create opportunities, NCR Voyix Chief Product Officer, Digital Banking Doug Brown writes in a new PYMNTS...

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