Card fees counted as income, not expenses, helped Commonwealth Utilities Employees CU grow noninterest income.
While Apple Pay preserves existing payment systems, CurrentC aims to avoid interchange.
Visa designates company as the only CUSO authorized to service the enrollment of credit unions in Apple Pay.
LAS VEGAS — Speakers weigh in on branch evolution and where credit unions fit within the shift in payment models.
Company is in the process of testing and certifying issuer processors that support more than 1,000 credit unions.
The $62 billion credit union rolls out the service to its members today.
LAS VEGAS — Money20/20 conference kicks off with panelists at early sessions confident payments are nearing several tipping points.
Credit unions not involved in Monday's launch will still have to brace for what they need to know and do.
Company educates financial institutions and merchants on EMV adoption.
Visa wants to make the process of paying for goods on your phone or iPad as easy as swiping your credit or debit card at an offline retailer.