PenFed members will soon be able to wave a smartphone at a clerk and run out the door, purchase paid.
PayPal's commanding presence in the P2P space is hard to compete with, so maybe joining them would be a better strategy for credit unions.
Phishing fraudsters shifted attention to e-commerce and online gaming sites in the third quarter of 2010 but credit unions continued to draw their attention, too.
Holiday shopping isn't just for the honest. Phishing attacks also are expected to increase, with a renewed emphasis on e-commerce and gaming sites.
From the list of 56 products, a group of credit union and CUSO executives identified seven that relate to small business owners and the financial institutions that serve them.
Navy Federal Credit Union's new iPhone app was downloaded more than 10,000 times in its first two weeks, the $41 billion, 3.4 million member credit union said.
Credit unions have worked hard to establish themselves as the best choice in automotive lending. Both prudent lending practices and neighborly service have solidified an excellent reputation among car buyers.
More than 30 credit union and CUSO representatives recently showed up for NACUSO's first regional meeting near Washington to talk shop about collaboration strategies to help fuel growth and sustainability.