Big data may be the phrase of the moment in marketing but, for some credit unions, it is already plumping up the bottom line.
The puzzlement on the part of some experts is thick. At the very time when some companies and community banks are rushing to put more of their data and applications into the cloud, some experts have noticed that, for the most part, credit unions are staying on the sidelines of...
Using two separate platforms for online banking and electronic bill pay services led to unnecessary hassles for the $1.3 billion American Eagle Federal Credit Union.
Financial institutions around the world were recently frightened again by news of a massive attack that siphoned nearly $2.5 billion from commercial accounts held at multiple financial institutions in the U.S., Europe and Latin America.
More than 1,000 of the 219,700 members of the $2.3 billion Virginia Credit Union deposited a check using their smartphones in July, the Richmond, Va., credit union said.
The 20,000 members of the McGraw-Hill Federal Credit Union in East Windsor, N.J., are now being offered an iPad app for their mobile banking.
The 132,000 members of the $1.4 billion Genisys Credit Union are the first in Michigan to be offered remote-deposit checking by smartphone, their credit union said.
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.