It was once sufficient for credit unions (CUs) to lean on their reputations as being customer-centric and mission-driven. Increasingly, however, consumers need access to cutting-edge financial technologies and payment methods to win them over. Remaining competitive in the financial space today means prioritizing digital innovations...
The old financial services landscape used to be divided between the traditional financial institutions (FIs) and the FinTechs, locked in a battle for customer loyalty and wallet share. The FinTechs? They went all out to poach FIs’ members. The FIs? They were determined to use...
Today in digital banking, BECU highlights the digital transformation of credit unions. Plus, Visa and UnionBank team up on Visa’s FinTech Fast Track program, and PNC redesigns branch banking. Visa, UnionBank Collaborate To Offer FinTechs Personalized Payment Gateways UnionBank of the Philippines is partnering with...
The pandemic may have dramatically shifted the status quo from branch-based banking toward digital-first alternatives, but plenty of demand for in-person service at credit unions (CUs) remains. Some of the nation’s financial institutions (FIs) have reported that up to 70 percent of deposits have moved...
June 27, 2022
It was once sufficient for credit unions (CUs) to lean on their reputations as being customer-centric and mission-driven. Increasingly, however, consumers need access to cutting-edge financial technologies and payment methods to win them over. Remaining competitive in the financial space today means prioritizing digital innovations such as contactless payments, mobile wallets and other touchless payment […]
February 09, 2022
The old financial services landscape used to be divided between the traditional financial institutions (FIs) and the FinTechs, locked in a battle for customer loyalty and wallet share. The FinTechs?...
August 30, 2021
Pre-pandemic, credit union (CU) members were unlikely to think of their financial institutions (FIs) as digital innovators, prizing them instead for their in-person — specifically in-branch — experience. The physical...
August 27, 2021
Consumers conducted nearly everything from their grocery shopping to making mortgage payments virtually over the past 17 months, and their newfound comfort with digital banking features is not likely to...
