Corporate One Federal Credit Union, a wholesale provider of financial services for credit unions (CUs), said that its funding agent service is now available for CUs on The Clearing House’s real-time payments (RTP) network. The service allows for around-the-clock funding management for these CUs, according to...
In the age of digital-first banking, the application programming interface (API) is where it all happens. APIs can help financial institutions (FIs) introduce new products and services with speed, enable third-party applications and provide a secure portal to customer data. They have also been more...
Financial institutions (FIs) have spent many years pursuing consumers who are becoming more digitally focused while also working to retain long-term customers. The pandemic is adding urgency to both efforts as FIs look to shake off the economic slump, but research shows that certain FIs,...
Credit unions are eager to attract younger members, but they must stand out among a host of digitally savvy competitors to do so. In the Credit Union Tracker, Service Credit Union’s Dan Clarke explains how proactively investing in mobile banking innovations and partnering with colleges...
Credit unions (CUs) have made efforts to meet digital demands for members since the onset of the pandemic one year ago. Investments in digital transformations have not only been necessary to help members complete their banking activities from the safety and convenience of home, but...
Payments credit union service organization (CUSO) PSCU will provide credit processing support in addition to support services for debit for Credit Union of Texas as part of an expanded partnership, according to a Tuesday (March 30) press release emailed to PYMNTS. “The Credit Union of...
It doesn’t take a FinTech to make banking digital. In fact, it doesn’t even require a big bank. Credit unions (CUs) can be perfectly adept at extending the digital-first payment technologies that have defined the pandemic — and hopefully the post-pandemic era. PYMNTS’ latest research...
Fort Financial Credit Union (Fort Financial) has inked a multi-year deal for Lumin Digital’s online and mobile digital banking cloud-native system. Fort Financial was established in 1946 and is based in Fort Wayne, Indiana. Lumin Digital, a PSCU company, will support over 30,000 Fort Financial...
In a research study conducted earlier this year, PYMNTS found that more than 50 percent of cards will be contactless by the end of next year. And it’s no surprise. The pandemic made us scared to touch things in stores or use cash, fearing what...
