It was the year 1909 when Pierre Jay, the first banking commissioner of Massachusetts, was successful in getting the first credit union act passed in the commonwealth. Many other states followed suit, and then in 1934, the Federal Credit Union Act was enacted, establishing a federal charter and a choice...
Mobile wallets are coming – that is a certainty, some experts say. But just about everything else around this issue remains uncertain as credit unions, banks, and merchants scramble to attempt to keep pace with a fast evolving marketplace.
Unlike mortgages and business loans, for many financial institutions, including credit unions, auto loans are probably the least likely to have a flood of new competitors entering the space.
Near-field communications panelists watching Isis pilots, says wave-and-pay technology awaiting consumers, security rules.
Kim Sponem, president/CEO of Summit Credit Union, was one of several Wisconsin leaders who met Obama official to discuss business ideas, job creation and economic development.
What’s your wallet made of – leather, or bits and bytes? At CUNA’s recent Government Affairs Conference held in Washington that was a key question raised among those close to the evolution of payment transactions.
It’s been 12 months since the security world woke to the realization that RSA Security’s systems had been compromised and that millions of tokens would have to be re-issued.
How quickly he forgot. Newt Gingrich was once crucial to helping credit unions pass a major bill on Capitol Hill. But during a recent GOP presidential debate, he seemed confused about what credit unions are all about.
Digital wallet mavens were abuzz Tuesday after Verizon Wireless told Google to delete its Wallet from a new Google Nexus smartphone.
If I were head of marketing at a credit union, “Purveyors of the American Dream” would be the institution’s tagline. It’s simple. It conveys what the financial institution can do for its members.