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.
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.
A new survey found that hack attacks on small and medium-sized businesses are usually successful and that the money often is not recovered.
Two more credit unions have signed on as users of the OASys core processing platform from CUtopia, according to the division of Worldwide Interactive Services LLC in Orlando, Fla.
Small screens are coming to a branch near you. That is a top line trend where, suddenly, digital, Internet-connected flat screens are transforming the in-branch experience and, said some credit union experts, it’s just in time.
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.
Three more credit unions are now running on the Symitar Episys core processing platform through Member Driven Technologies’ data centers in Warren and Southfield, Mich.