The only way to change the trend is to increase the relevancy at the lagging smaller credit unions (and a couple of the larger ones, too) that members apparently feel are irrelevant.
Core processing platform replacements among credit unions and banks alike should continue a slight uptick in the next few years, according to the Aite Group.
The Smart Card Alliance, an industry group organized to promote wider use of cards enabled with computer chips, is starting a forum designed to facilitate the implementation of cards with chips in the U.S.
Aite Group report says U.S. banks, credit unions could generate more than $1.4 billion in revenue on more than 300 million transactions by 2017.
New group to help chip card integration.
Core processing platform replacements should continue apace in the years to come, according to a new report from Aite Group.
Mobile banking is the game changer, Apple disses NFC, and more
Regulator group says financial institutions, including credit unions, have to consider fundamentals of risk and risk management.
Aite Group has introduced a new metric to help banks and credit unions uncover drivers of customer loyalty and referrals.
Aite Group research finds that 33% of small businesses have mobile banking but also identifies resistance to paying for it.