Just when many credit unions are catching up with member demands for mobile phone banking, yet another strong trend is emerging among consumers: tablet banking.
Credit unions can enlist their members in the payments revolution. A new service from Fiserv, called SpotPay, along with similar services such as Square are expanding the universe of payments that can be settled on credit or debit cards.
Service will include what amounts to real-time verification of an item for deposit while enabling easy re-load of prepaid card.
This article from next week's print edition explores how, and why, credit unions may want to respond to the tablet revolution.
There's a great market here. No, there's not. Opinions vary widely among vendors and credit unions alike.
Credit union core systems are old, truly antique in computer terms, but they also seem to be immortal in most institutions.
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Core processing systems can often do more than they're typically used for, but less than what's needed.
New owner claims added strategic bill pay capabilities, broadened online banking portfolio; promises continued support and R&D.