Speed, convenience and security are the top member mobile banking needs for credit unions to consider.
Eight financial institutions, including Greater Texas FCU, adopt the app within 40 days.
Carrier-backed NFC wallet gets national rollout. No credit union involvement.
Fifteen credit unions are betting the time is right for a credit union centric digital wallet. That’s why they threw their weight behind startup CU Wallet, the brainchild of Paul Fiore, founder of Digital Insight, and Kirk Drake, CEO of the Hagerstown, Md.-based CUSO Ongoing Operations.
In an era of almost daily news about alternate and mobile payment solutions in our industry, credit union executives are right to be concerned not only about the future of their business but also of the potential dilution of their brand as new players enter the market.
Credit union executives are right to be concerned – not only about the future of their business, but also of the potential dilution of their brand as new players enter the market.