The theme of the news this week has been underdogs winning their battles by scrapping it out for what’s right. From credit unions to regulators, these unexpected victors deserve to bask in their spoils of the moment.
Remote deposit capture is now being offered to the 109,000 members of the $1.4 billion Anheuser‐Busch Employees’ Credit Union and American Eagle Credit Union in St. Louis.
The $49 billion Navy Federal Credit Union is now offering its 4 million members upgraded iPhone and Android mobile banking apps.
The 273,000 members of the $3.7 billion Patelco Credit Union in Pleasanton, Calif., can now deposit checks with their iPhones or Android devices.
Creating and sharing, for sale, its in-house development work has earned the $3.4 billion Redstone Federal Credit Union the 2012 Model Bank Award from research consultancy Celent.
The 51,900 members of the $747 million Texas Trust Credit Union in Mansfield, Texas, are now being offered mobile banking.
Personal financial management specialist MoneyDesktop has bought a fellow Provo, Utah, company, mobile PFM specialist MoneyReef, the companies said.
Pop quiz: Which statement is true? Mobile banking is becoming more secure. When it comes to mobile security, the crooks are gaining.
The mobile phone is unrecognizable in comparison to its original brick form of the 80s. Instead of a yuppie status symbol, now, it’s considered by many as a necessity with practically every handbag and pocket hiding these modern miracles of technology.
Already noted for using novel arguments in favor of moving from a credit union to bank charter, the 69,000- member $1.6 billion Technology Credit Union has also introduced a new approach into the question of how member communications in converting credit union should be handled.