And five more tips on how to boost card engagement and interchange.
Bill pay will be obsolete within five years, according to Terence Roche of Cornerstone Advisors.
Aite Group says e-billing accounts for nearly half of bills paid, double that of paper mail.
Credit unions drop ball by not targeting millions they could serve.
Last month, the $780 million 3Rivers Federal Credit Union of Fort Wayne, Ind., became the nation’s first credit union to launch Picture Pay.
South Carolina credit union deploys Corillian Online and Mobiliti platforms from Fiserv Inc.
3Rivers CU in Fort Wayne rolls out service from Malauzai Software and Allied Payment Network.
Functions such as remote deposit and mobile pay add to the attraction, consultancy ath Power says.
The $449 million Air Academy FCU said it is now offering mobile remote deposit capture to its 44,600 members.
Nearly 90% of the U.S. adult population has a mobile phone and more than 108 million Americans have an Internet-enabled smartphone, according to a new Federal Reserve study, Consumers and Mobile Financial Services 2013.