As credit unions learn more about new technology, they are some of the institutions leading the nation in the issuance of payment cards that use embedded computer chips to validate identity and secure transactions.
Recent announcements from Visa and MasterCard have set the stage for the U.S. implementing EMV/chip cards.
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.
Vertifi Software LLC, a CUSO of Eastern Corporate Federal Credit Union of Burlington, Mass., said it has added four more credit unions as users of its mobile remote deposit capture service.
Bluepoint Solutions Inc. has installed an in-house system at the $1.4 billion Schools Financial Credit Union in Sacramento, Calif., to replace the item processing work it had been doing with a failed corporate credit union.