Credit Unions Go to All Sorts of Vendors for Net Banking, Bill Pay
The days are long gone when a handful of Internet banking and bill pay providers dominated the credit union marketplace. While Digital Insight is still the major player with Net banking, commanding 18% of the CU market for CUs over $25 million, other players such as data processors and tech CUSOs are nipping at DI's heels. In the bill pay arena, data processors play less of a role, although IntegraSys has almost 10% of the market for CUs over $25 million. Online Resources and Metavante are the top vendors with almost 15% market share each.