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

Crater Launches AR/AP Solutions for Financial Institutions and B2B Platforms
Crater Launches AR/AP Solutions for Financial Institutions and B2B Platforms
October 29, 2024  |  B2B Payments

Crater launched artificial intelligence-powered accounts receivable (AR) and accounts payable (AP) solutions for banks, credit unions and B2B platforms. With these solutions, customers can offer...

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Self-Service Banking Gets Boost From New Digital Channels
Self-Service Banking Gets Boost From New Digital Channels
October 28, 2024  |  Banking

It wasn’t long ago that self-service banking meant punching a keypad on an ATM located at a bank vestibule — after banking hours, perhaps —...

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Democratizing Payments: How Payment Hubs Fuel Innovation for Smaller Banks
Democratizing Payments: How Payment Hubs Fuel Innovation for Smaller Banks
October 28, 2024  |  Payments Innovation

Keeping pace with innovation can be daunting. For small- to mid-sized banks, credit unions and FinTechs, implementing the latest money movement integrations like real-time payments...

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Open Banking’s Price Tag: CFPB’s 1033 Rule and the Cost of Compliance
Open Banking’s Price Tag: CFPB’s 1033 Rule and the Cost of Compliance
October 22, 2024  |  CFPB

The goal of the Consumer Financial Protection Bureau’s final rule on data sharing unveiled Tuesday (Oct. 22) is to promote competition and, by extension, financial...

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Embedded Finance Comes With Side-Helping of More Merchant Sales
Embedded Finance Comes With Side-Helping of More Merchant Sales
October 22, 2024  |  Payments Innovation

The promise of embedded payments — and the march toward embedded everything — says that commerce and money movement is seamless and intuitive. In the...

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Financial Stress Can Become Moment of Engagement for Community Banks    
Financial Stress Can Become Moment of Engagement for Community Banks  
October 16, 2024  |  Banking

There’s no shortage of static when it comes to financial advisors with wellness advice these days. Social media feeds, banking apps, 24-hour news channels and...

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Velera Aims for Card Diversification With Arroweye Partnership
Velera Aims for Card Diversification With Arroweye Partnership
October 15, 2024  |  Partnerships

Credit union service organization Velera has launched a collaboration with Arroweye Solutions. According to a Tuesday (Oct. 15) news release, Velera has chosen Arrowye as a provider of card...

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Amount Targets ‘Deposit Drift’ With Account Opening Platform
Amount Targets ‘Deposit Drift’ With Account Opening Platform
October 15, 2024  |  Banking

Banking technology firm Amount has introduced its unified account opening and loan origination platform. The new solution is designed to help banks and credit unions reduce costs,...

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Washington-Based HAPO Community Credit Union to Acquire Community First Bank
Washington-Based HAPO Community Credit Union to Acquire Community First Bank
October 09, 2024  |  Acquisitions

Richland, Washington-based HAPO Community Credit Union plans to acquire Kennewick, Washington-based Community First Bank. The transaction has been approved by each institution’s board of directors...

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