Credit unions should zero in on four areas as money movement and payments grow in the mobile channel.
The Target breach and others have sharply ramped up interest in card on-off switches on mobile apps, according to at least two vendors in the credit union space.
Malauzai reports a whopping 850% increase in its on-off tool adoption in just six months.
Payments processor Capital Services, known until recently as Capital Card Services, works with about 130 credit unions, and has been hidden behind a relationship with Fiserv. Now, it has begun offering its services under its own name.
Key FIS' card facility among those mentioned in critical letter.
When considering how to save money in the back office, some say too many credit unions retreat from looking carefully at their credit and debit card program, often believing the portfolios are too complicated to understand or manage more efficiently.