February 2017
As financial technology evolves, it’s important that credit unions keep up with the changes so they can continue to offer their members convenient, timely products and services. However, implementing new technologies at the right time is crucial.
Read MoreJanuary 2017
Credit unions are in a unique position to help their members with some of their biggest financial struggles. As community-centric institutions, it’s important that credit unions do all they can to ensure their members’ finances are well-taken-care-of. Additionally, making helpful advice available to the community at large by offering classes, talks and online tools helps
Read MoreDecember 2016
Internet security isn’t something credit unions and other companies can let fall by the wayside. Software vulnerabilities are dangerous, and criminals are on the prowl, searching for their next victim.
Read MoreOctober 2016
October is National Cyber Security Awareness Month
Read MoreSeptember 2016
The liability shift that occurred a year ago brought a significant amount of confusion to consumers and merchants alike. One source of confusion stemmed from the difference between installing an EMV-compatible payment terminal and certifying it, according to PYMNTS.
Read MoreAugust 2016
Technology has been making dramatic changes to the banking and payments industries. One of these is the interactive teller machine.
Read MoreAugust 2016
In the days prior to the ATM’s debut in 1967, people who wanted to make a withdrawal from their account needed to go to the bank and wait in line. Branches became congested and demand threatened to make longer hours necessary.
Read MoreAugust 2016
When debit, credit and pre-paid cards first made their mark on consumer spending habits, there was typically a several-day wait period before a person actually received his or her card. Financial institutions have worked to reduce that wait time, and now consumers have grown to expect their card to be ready immediately after applying for or
Read MoreJuly 2016
Knowing the most current trends in the financial services industry is crucial for credit unions to remain and continually be relevant. According to Payments Industry Intelligence, one of the key trends for 2016 is adopting an omni-channel approach to banking.
Read MoreJune 2016
ATMs can be very convenient at times. Only about 20 percent of people carry more than $50 in their wallet, according to The Washington Post. This leaves little leeway for paying someone back, going to cash-only businesses or offering to split a check with a friend.
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