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

41% of Banks Offer Embedded Finance Solutions, Have FinTechs to Thank
41% of Banks Offer Embedded Finance Solutions, Have FinTechs to Thank
August 27, 2024  |  Digital Banking

In today’s financial services arena, embedded finance and banking-as-a-service (BaaS) have emerged as transformative forces, redefining the way banks and financial institutions (FIs) engage with...

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Amount CEO: What It Means to Be a FinTech Circa 2024
Amount CEO: What It Means to Be a FinTech Circa 2024
August 26, 2024  |  Opinion

FinTechs must stay vigilant, dynamic and innovative to best serve financial institutions, Amount CEO Adam Hughes writes in a new PYMNTS eBook, “Beyond the Horizon:...

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Affinity Plus CU Launches Real-Time Payments Service
Affinity Plus CU Launches Real-Time Payments Service
August 22, 2024  |  Real-Time Payments

Affinity Plus Credit Union has unveiled a new real-time payments service for its members, giving them instant access to their funds. Through the FedNow® Service...

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Velera to Provide Contact Center Services to Civic Federal Credit Union
Velera to Provide Contact Center Services to Civic Federal Credit Union
August 22, 2024  |  Credit Unions

Credit union service organization (CUSO) Velera will provide contact center services and support to Civic Federal Credit Union, a digital-first credit union serving local government...

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Mitek and Alogent Partner to Prevent Check Fraud
Mitek and Alogent Partner to Prevent Check Fraud
August 21, 2024  |  Partnerships

Fraud prevention firm Mitek expanded a partnership with payments processor Alogent. The collaboration will see Alogent integrate Mitek’s Check Fraud Defender (CFD) into its Unify...

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From Footprint to Foundation: How Big Banks Build Loyalty With Gen Z
From Footprint to Foundation: How Big Banks Build Loyalty With Gen Z
August 20, 2024  |  Banking

Big banks have been revisiting their branching strategies — branching (slight pun intended) into new markets, covering parts of the country thus far underserved by...

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Amount Raises $30 Million to Expand Into Credit Union Space
Amount Raises $30 Million to Expand Into Credit Union Space
August 15, 2024  |  Investments

Banking technology firm Amount has raised $30 million to expand into the credit union sector. Amount announced the $30 million equity capital raise in a Thursday (Aug....

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Google Brings Value-Added Services to Its Digital Wallet
Google Brings Value-Added Services to Its Digital Wallet
August 14, 2024  |  Mobile Wallets

Digital wallets are transforming payments and commerce. In today’s operational landscape, where convenience reigns supreme and value-added services drive customer stickiness, the financial services industry...

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Credit Unions vs Big Tech: Winner Gets the Customer
Credit Unions vs Big Tech: Winner Gets the Customer
August 13, 2024  |  Banking

For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem...

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