CHICAGO—Approximately 65% of midsize to large credit unions have iPhone apps, compared to 51% of banks.
Offer capabilities in a credit union’s own mobile app provides a common platform between merchants and CUs.
Mobile bill pay popularity now eclipsing remote deposit checking.
Rather than offer operational cost reductions, the cost of digital banking services is rising.
Mobile banking and mobile payments are two different use cases that credit unions will need to integrate in the digital wallet world.
Digital wallets could compromise a credit union's interchange income.
Good apps are key to credit union survival, as the post-PC era dawns.
Good apps are key to survival, as the post-PC era dawns.
This opinion piece argues for the growth and adoption of digital wallet technology by credit unions.
Read about mobile banking innovations experts say are under development for banks and credit unions.