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

Velera Innovation Alliance Aims to Drive Credit Union Growth
Velera Innovation Alliance Aims to Drive Credit Union Growth
September 04, 2024  |  Credit Unions

Credit union service organization Velera launched the Velera Innovation Alliance (VIA), an extension of Velera’s Fintech Engagement Program, which was first announced in April. The...

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Velera CEO Says Regulation and Cybersecurity Top Credit Union Watch List
Velera CEO Says Regulation and Cybersecurity Top Credit Union Watch List
September 04, 2024  |  Opinion

Careful contingency planning and watching shifts and trends can help firms be prepared for challenges, Velera CEO Chuck Fagan writes in a new PYMNTS eBook,...

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Jack Henry and Moov Launch Digital Payments Partnership
Jack Henry and Moov Launch Digital Payments Partnership
September 03, 2024  |  Partnerships

Jack Henry and Moov teamed to help small businesses accept digital payments. The FinTech and the digital payments processor announced a collaboration in a Tuesday...

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Velera to Provide Debit Card Processing to HawaiiUSA Federal Credit Union
Velera to Provide Debit Card Processing to HawaiiUSA Federal Credit Union
September 03, 2024  |  Partnerships

Credit union service organization (CUSO) Velera will provide debit card processing support to HawaiiUSA Federal Credit Union, which delivers services to more than 132,000 members....

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nCino: International Banks Lag U.S. Peers in Digital Transformation
nCino: International Banks Lag U.S. Peers in Digital Transformation
August 27, 2024  |  Digital-First Banking

Digital transformation can come even to industries where change happens slowly. As the financial services industry grapples with the rapid pace of digital transformation, cloud...

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FinTechs Now See Credit Unions as Collaborators, Not Competitors
FinTechs Now See Credit Unions as Collaborators, Not Competitors
August 27, 2024  |  Credit Unions

Many FinTechs partner with credit unions (CUs) and other financial institutions (FIs) to provide the innovative products and services that today’s digital-first consumers expect. In...

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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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