United Nations Federal Credit Union (UNFCU) has partnered with cross-border payment network Thunes in order to bring mobile wallet money transfers in local currencies to members, according to a press release. Mobile money transfers are currently available to UNFCU members in Bangladesh, Ethiopia, Fiji, Ghana,...
For United Nations staffers stationed far and wide, transmitting funds to family or paying bills cross-border is a common challenge. These scenarios might throw traditional banks for a loop, but they’re among the bread and butter of the United Nations Federal Credit Union (UNFCU). In...
Credit unions (CUs), by default, are cooperative in nature. Many are tapping into their cooperative natures to pursue innovations, so as to compete aggressively and keep up with larger financial institutions (FIs) and FinTech challengers. Several credit unions, for example, recently formed partnerships designed to...
September 19, 2018
Credit unions (CUs), by default, are cooperative in nature. Many are tapping into their cooperative natures to pursue innovations, so as to compete aggressively and keep up with larger financial institutions (FIs) and FinTech challengers. Several credit unions, for example, recently formed partnerships designed to share resources, such as ATMs and physical branches. Meanwhile, other […]