Institution is the first credit union to offer the service, which rolled out Thursday in the U.S.
Even though most consumers have yet to make a point-of-sale mobile payment, a shift is starting to occur.
More than 1 million cards may have been compromised in the last year, the high-end retailer said.
LAS VEGAS—Last year, 1,500 attended the first Money2020 innovation in payments conference. This year, 4,000 stuffed into the Aria Hotel’s meeting rooms Oct. 6-10.
Visa service streamlines purchase by bypassing entering card number. Ninety financial institutions now aboard.
In a move to recruit checking account depositors, Discover Financial Services announced a deal with Allpoint last week to offer millions of Discover card holders access to Allpoint branded ATMs.
CU24, CO-OP said they still have competitive differentiation as Discover gets to 133,000 surcharge-free ATMs.
For many credit unions, the sweet spot in the small business market is the mom-and-pop sector-those shops that generate respectable annual revenue and employ a handful of staffers.
Services and solutions that push the envelope of what members expect and what credit unions can deliver can sometimes blur the lines between managing technology and member service.