- Thursday 13th June - 10:00 am
![Utilities Employees Credit Union Selects Velera for Card Processing Services](https://www.pymnts.com/wp-content/uploads/2024/06/card-processing.jpg?w=160&h=113&crop=1)
Utilities Employees Credit Union (UECU) has selected Velera to provide debit and credit card processing services and support.
Velera, which is a payments credit union service organization (CUSO) and integrated financial ...
- Thursday 13th June - 4:02 am
![How Credit Unions Are Playing David Against Industry Goliaths](https://www.pymnts.com/wp-content/uploads/2024/06/credit-union-innovation-readiness.jpg?w=160&h=113&crop=1)
Regardless of a credit union’s size, members expect digital-first capabilities that can compete with what for-profit financial institutions (FIs) offer. While many CUs are rising to the innovation challenge, there ...
- Thursday 6th June - 12:40 pm
![5 Things to Watch as Open Banking Gains Ground in the US](https://www.pymnts.com/wp-content/uploads/2024/06/open-banking-1.jpg?w=160&h=113&crop=1)
Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed.
But, with lessons learned from abroad, and with an incrementally clearer ...
- Thursday 6th June - 12:30 pm
![Credit Unions Look to Connect With Gen Z](https://www.pymnts.com/wp-content/uploads/2024/06/CU-Gen-Z.png?w=160&h=113&crop=1)
As Generation Z comes into its own as a demographic sector to be reckoned with, financial institutions (FIs) of all stripes are eager to win their business. Credit unions (CUs) ...
- Tuesday 4th June - 4:03 am
![FinTech and Credit Union Innovation Agendas Meet at Gen Z](https://www.pymnts.com/wp-content/uploads/2024/06/fintech-banking-innovation.jpg?w=160&h=113&crop=1)
A key objective among FinTechs is to innovate new products that extend their brand reputation and market reach. For example, FinTechs are expanding their mobile features and capabilities and improving ...
- Thursday 30th May - 3:34 pm
![Gen Z Members Expect Credit Unions to Double Banking Features](https://www.pymnts.com/wp-content/uploads/2024/05/Gen-Z-credit-union.png?w=160&h=113&crop=1)
According to PYMNTS Intelligence data, 95% of U.S. credit unions (CUs) are now wooing prospective Gen Z members.
However, as “How Credit Union Innovation Can Drive Gen Z Engagement, makes clear, ...
- Thursday 30th May - 4:00 am
![Credit Union Innovation Hinges on Payment Speed and Security](https://www.pymnts.com/wp-content/uploads/2024/05/credit-union-innovation-modernization.jpg?w=160&h=113&crop=1)
In an era of rapid technological advancement, there remain certain immutable aspects — particularly for payments.
When it comes to the way businesses and consumers transact, speed, security and convenience are ...
- Wednesday 29th May - 6:04 pm
![VoPay Debuts Cash Management Platform TXB](https://www.pymnts.com/wp-content/uploads/2024/05/API-VoPay.jpg?w=160&h=113&crop=1)
Embedded payments technology company VoPay has debuted a digital transaction and cash management platform.
Dubbed TXB, the platform is designed to help banks and credit unions launch “API-first transaction banking and ...
- Tuesday 28th May - 12:35 pm
![Pidgin and Corelation Team on Real-Time CU Payments](https://www.pymnts.com/wp-content/uploads/2023/11/real-time-payments-2.jpg?w=160&h=113&crop=1)
Pidgin and Corelation have teamed to let more credit unions offer members real-time payments.
The partnership between real-time payments platform Pidgin and payments processing Fintech Corelation will let credit unions (CUs) access faster payment ...
- Friday 24th May - 4:02 am
![Real-Time Transactions and Regulations Continue to Shape Payments](https://www.pymnts.com/wp-content/uploads/2024/05/real-time-payments-modernization.jpg?w=160&h=113&crop=1)
When it comes to payments innovations, banks and payment companies have held up their end of the deal.
Instant payments, pay-by-bank, digital wallets, artificial intelligence and tokenization all have been pushed forward from the supply ...
- Thursday 23rd May - 1:08 pm
![Debit Fee Cap Proposal Comment Period Floods Fed Website](https://www.pymnts.com/wp-content/uploads/2024/05/Fed-Reserve-Debit.jpg?w=160&h=113&crop=1)
The Federal Reserve’s proposal to lower debit interchange fee caps has drawn a flurry of responses — roughly 2,500 responses, in fact — from trade organizations representing merchants and financial ...
- Wednesday 22nd May - 4:03 am
![Why Gen Z Can Be Credit Unions Best Friend or Worst Enemy](https://www.pymnts.com/wp-content/uploads/2024/05/Credit-Union-Innovation-Gen-Z-Engagement-Membership-Growth-Preventing-Churn.jpg?w=160&h=113&crop=1)
In the current economic environment, Generation Z consumers struggle more than older consumers. Nonetheless, they are a growing demographic that financial service providers — including credit unions (CUs) — need ...
- Tuesday 21st May - 10:00 am
![Velera’s Co-op ATM Network Grows With Addition of cPort Credit Union](https://www.pymnts.com/wp-content/uploads/2024/05/ATMs-cPort.jpg?w=160&h=113&crop=1)
Maine-based cPort Credit Union has joined the Co-op ATM network offered by Velera, the payments credit union service organization (CUSO) formerly known as PSCU/Co-op Solutions.
With the credit union joining the ATM network, cPort members will have ...
- Friday 17th May - 12:20 pm
![Self-Serve and Digital-First Channels Can Populate ‘Banking Deserts’](https://www.pymnts.com/wp-content/uploads/2022/03/mobile-banking.jpg?w=160&h=113&crop=1)
Banks have been fine-tuning their branch efforts as the pandemic recedes, shuttering locations in some markets and building new outposts in others.
The Federal Reserve said in a recent blog post ...
- Thursday 16th May - 11:15 am
![AppTech Payments Aims to Take on Venmo With InstaCash](https://www.pymnts.com/wp-content/uploads/2024/02/AppTech.png?w=160&h=113&crop=1)
Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform.
Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system that AppTech is positioning as ...
- Tuesday 14th May - 11:30 am
![75% of Large Banks Agree to Reimburse Victims of Authorized Fraud](https://www.pymnts.com/wp-content/uploads/2024/02/banks.jpg?w=160&h=113&crop=1)
The Federal Reserve’s FraudClassifier divides fraud into two categories: authorized fraud and its unauthorized counterpart.
Authorized fraud occurs when a legitimate party initiates a payment only to have a bad actor intervene and hijack the funds. Unauthorized ...
- Tuesday 7th May - 7:58 pm
![PSCU/Co-op Solutions Rebrands as Velera](https://www.pymnts.com/wp-content/uploads/2024/05/Velera.png?w=160&h=113&crop=1)
PSCU/Co-op Solutions is rebranding as Velera.
The credit union service organization (CUSO) will roll out the Velera brand in phases over the next year, though the Co-op Solutions brand will be retained for its ...
- Wednesday 1st May - 10:00 am
![PSCU Teams With Aloha Credit Union for Card Processing](https://www.pymnts.com/wp-content/uploads/2024/05/Aloha-Pacific-Federal-Credit-Union.jpg?w=160&h=113&crop=1)
PSCU/Co-op Solutions teamed up with Aloha Pacific Federal Credit Union (APFCU).
The partnership will see the payments credit union service organization (CUSO) help Hawaii-based APFCU provide credit and debit card processing services and support, PSCU/Co-op Solutions said ...
- Tuesday 30th April - 4:01 am
![Cautionary ‘Tale of Two Consumers’ Dials Up Personalized Approach to Financial Wellness](https://www.pymnts.com/wp-content/uploads/2024/04/banking-personal-finance-pymnts-tv.png?w=160&h=113&crop=1)
Not all that long ago, as Doug Brown, chief product officer, NCR Voyix Digital Banking, observed, credit unions and banks had a rather simple approach to financial wellness.
The old-school playbook, ...
- Monday 29th April - 12:01 pm
![1 in 4 Consumers Prefer Credit Cards From Local Banks or Credit Unions](https://www.pymnts.com/wp-content/uploads/2024/04/credit-cards-banks.png?w=160&h=113&crop=1)
According to PYMNTS Intelligence, credit unions (CUs) and community banks continue to gain traction in the consumer credit card space.
As we found in researching “Credit Unions and Community Banks Gain ...
- Thursday 25th April - 4:18 pm
![Upstart Unveils Custom Loan Tool for Banks and CUs](https://www.pymnts.com/wp-content/uploads/2024/03/Upstart.jpg?w=160&h=113&crop=1)
Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers.
That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking a ...
- Monday 22nd April - 4:00 am
![Nearly Half of Credit Unions Have No Plans for BNPL, Despite Member Demand](https://www.pymnts.com/wp-content/uploads/2024/04/BNPL-credit-unions.jpg?w=160&h=113&crop=1)
Credit unions (CUs) are continuing to win over members, with roughly 1 in 5 current CU members telling PYMNTS Intelligence they’ve changed primary banks last year.
This is just one important ...
- Wednesday 17th April - 11:18 am
![National Banks’ Reign Over Primary Credit Cards Dropped to 68%](https://www.pymnts.com/wp-content/uploads/2023/12/credit-cards-5.jpg?w=160&h=113&crop=1)
When it comes to issuing credit cards, national banks continue to dominate the field, and — thanks to their massive scale, extensive customer base and seemingly unlimited opportunities to cross-sell ...
- Monday 15th April - 7:00 am
![What Generation Z Wants From Their Bank](https://www.pymnts.com/wp-content/uploads/2024/04/klw-piece-banks.jpg?w=160&h=113&crop=1)
There are 69 million consumers in the U.S. who are between the ages of 12 and 27. They are described as the first digitally-native generation — a generation that has ...
- Friday 12th April - 2:06 pm
![Credit Unions Want Gen Z’s Deposits and Loyalty](https://www.pymnts.com/wp-content/uploads/2024/04/credit-unions-Gen-Z.png?w=160&h=113&crop=1)
For traditional financial services providers — chiefly credit unions — the future belongs to youth.
For FinTechs, in looking at Gen Z consumers, well, things are a bit more cautious. They ...
- Wednesday 10th April - 7:09 pm
![Proposed California Law Could Cap CU Overdraft Fees](https://www.pymnts.com/wp-content/uploads/2023/09/credit-union-2.jpg?w=160&h=113&crop=1)
California state lawmakers are considering legislation that would limit the number of overdraft fees credit unions (CUs) can charge their members.
Under SB-1075, the 100+ CUs now doing business in the Golden ...
- Wednesday 10th April - 10:00 am
![PSCU/Co-op Solutions Launches Digital Lending Suite](https://www.pymnts.com/wp-content/uploads/2023/11/business-lending.jpg?w=160&h=113&crop=1)
PSCU/Co-op Solutions has teamed with Amount to launch a digital lending suite.
The suite, dubbed Origination Solutions, is now in the pilot stage with two credit unions, the credit union service organization (CUSO) announced ...
- Wednesday 10th April - 4:02 am
![Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters](https://www.pymnts.com/wp-content/uploads/2024/04/Linked-Analysis-fraud-prevention.jpg?w=160&h=113&crop=1)
There’s no shortage of damage payments and social engineering fraud can do to a company as well as its member relationships.
Creating silos within an organization usually isn’t one of them, ...
- Tuesday 9th April - 3:10 pm
![NCR Atelos and Arizona Financial CU Team on Self-Service Banking](https://www.pymnts.com/wp-content/uploads/2024/04/self-service-banking.png?w=160&h=113&crop=1)
Arizona Financial Credit Union (AZFCU) has launched a partnership with retail banking firm NCR Atleos.
According to a Tuesday (April 9) news release, AZFCU has picked Atleos’ ATM as a Service (ATMaaS) offering ...
- Tuesday 2nd April - 10:00 am
![PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration](https://www.pymnts.com/wp-content/uploads/2023/12/PSCU-3.jpg?w=160&h=113&crop=1)
PSCU/Co-op Solutions has launched a program designed to facilitate collaboration between credit unions and FinTech companies.
The new Fintech Engagement Program includes both vetted FinTech companies and credit unions that are looking to address ...
- Monday 1st April - 1:09 pm
![NCino Expands Omnichannel Functionality of Consumer Banking Solution](https://www.pymnts.com/wp-content/uploads/2024/04/nCino-omnichannel-consumer-banking.png?w=160&h=113&crop=1)
NCino expanded the omnichannel functionality of its Consumer Banking Solution for banks and credit unions.
The expansion helps bankers interact with consumers where and how those customers want to engage, the provider of cloud banking for ...
- Tuesday 26th March - 4:02 am
![Credit Unions Cure Churn With Enterprise Focus on Innovation](https://www.pymnts.com/wp-content/uploads/2024/03/credit-union-innovation.jpg?w=160&h=113&crop=1)
In a world where big banks have long dominated the financial landscape, a quiet revolution is underway.
Credit unions (CUs), those member-owned financial cooperatives that have always prided themselves on their ...
- Monday 25th March - 7:00 pm
![Washington-Based Harborstone Credit Union to Expand With Acquisition of SaviBank](https://www.pymnts.com/wp-content/uploads/2023/01/acquisitions.jpg?w=160&h=113&crop=1)
Harborstone Credit Union plans to expand its presence in Washington with an acquisition of SaviBank and its parent holding company, Savi Financial.
The credit union has entered into a purchase and ...
- Monday 25th March - 11:40 am
![The Innovation Imperative for Banks Starts With Personalized Digital Experiences](https://www.pymnts.com/wp-content/uploads/2024/02/banks.jpg?w=160&h=113&crop=1)
The traditional banking model and business roadmap for financial institutions needs future-proofing.
Across today’s financial services landscape, digital increasingly rules the roost — making prioritizing innovation important for long-term success.
Staying relevant ...
- Wednesday 20th March - 5:23 pm
![Are Brick-and-Mortar Bank Branches Cool Again?](https://www.pymnts.com/wp-content/uploads/2024/03/branch-banking-credit-unions.jpg?w=160&h=113&crop=1)
Digital banking is all the rage, right? Who can resist the convenience of using a bank app to balance accounts while waiting for the barista to brew a cup?
No one ...
- Tuesday 12th March - 6:00 am
![Omnichannel Banking Innovation Helps Credit Unions Reduce Member Churn](https://www.pymnts.com/wp-content/uploads/2024/03/digital-banking-credit-union-crop.jpg?w=160&h=113&crop=1)
Credit unions (CUs), known for their community-focused approach and member-centric values, are navigating a changing financial ecosystem. With the rise of FinTech startups offering cutting-edge technologies and personalized services, CUs ...
- Monday 11th March - 4:03 am
![PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation](https://www.pymnts.com/wp-content/uploads/2024/03/credit-unions-banking-innovation-omnichannel-lending.jpg?w=160&h=113&crop=1)
Credit union (CU) members value the classic benefits associated with CUs, such as lower fees and more access to loan products. Still, PYMNTS Intelligence finds they also show more interest ...
- Thursday 7th March - 5:19 pm
![CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation](https://www.pymnts.com/wp-content/uploads/2024/03/CPFB-HEARING-CONGRESS.jpg?w=160&h=113&crop=1)
The Consumer Financial Protection Bureau (CFPB) came under fire on Capitol Hill Thursday (March 7) from critics who charged that caps on credit card late fees, and other actions, would ...
- Wednesday 6th March - 11:16 am
![Credit Unions’ Product Innovations Pay off With New Members](https://www.pymnts.com/wp-content/uploads/2024/03/credit-union.jpg?w=160&h=113&crop=1)
An increasing number of former bank customers are transitioning away from those institutions in favor of becoming credit union members.
These newly minted members are migrating to credit unions due to ...
- Tuesday 5th March - 9:17 pm
![Banking Customers Opt for Smaller Lenders As Giants Get Too Big](https://www.pymnts.com/wp-content/uploads/2024/03/small-community-bank.jpg?w=160&h=113&crop=1)
As the country’s banking giants expand, some consumers are looking for smaller alternatives.
It’s a trend at the center of a Tuesday (March 5) Wall Street Journal (WSJ) report, which says ...
- Monday 4th March - 11:40 am
![Epic River Intros Credit Union Lending Platform for Healthcare Providers](https://www.pymnts.com/wp-content/uploads/2024/03/Epic-River-lending-healthcare.jpg?w=160&h=113&crop=1)
Epic River has unveiled a specialized digital lending platform designed to bridge the gap between financial institutions and healthcare services.
This solution aims to transform the way patient payments are managed, ...
- Thursday 29th February - 4:00 am
![Credit Unions Explore Digital Pathways to Transform SMB Lending](https://www.pymnts.com/wp-content/uploads/2024/02/small-business-lending.jpg?w=160&h=113&crop=1)
While traditional financial institutions (FIs) have historically dominated the industry, credit unions (CUs) have carved out a unique niche, serving the needs of their members with personalized care and a ...
- Wednesday 28th February - 2:01 pm
![Wedge Launches White-Label Programmable Payment Solution, Appoints President](https://www.pymnts.com/wp-content/uploads/2023/12/mobile-digital-wallet.jpg?w=160&h=113&crop=1)
Wedge has introduced a white-label programmable payment solution for banking associations and credit unions.
The firm has also appointed Kim Askwith, formerly of Ernst & Young, as president to lead the go-to-market strategy for ...
- Wednesday 21st February - 10:13 am
![Prizeout Launches Cash-Back Products for Credit Unions](https://www.pymnts.com/wp-content/uploads/2024/02/Prizeout-cash-back.jpg?w=160&h=113&crop=1)
Prizeout has introduced a new white-label solution that enables credit unions to offer their members a suite of cash-back products.
The new CashBack+ helps credit unions boost their non-interest income and ...
- Wednesday 21st February - 4:00 am
![PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions](https://www.pymnts.com/wp-content/uploads/2024/02/Chuck-Fagan-of-PSCU.jpg?w=160&h=113&crop=1)
Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts.
Chuck Fagan, president and CEO of PSCU/Co-op Solutions, told Karen Webster ...