As credit unions learn more about new technology, they are some of the institutions leading the nation in the issuance of payment cards that use embedded computer chips to validate identity and secure transactions.
The $24 billion State Employees’ Credit Union is not waiting around for the widespread of adoption of chip and pin cards.
More big announcements on the EMV front, including a joint Citibank-American Airlines issue. Meanwhile, United Nations FCU adds users.
The $3.1 billion United Nations Federal Credit Union has become the first financial institution in the United States to issue chip and PIN credit cards.