CU Wallet, the mobile payments CUSO owned by some 80 credit unions, is on track to go live as early as April.
Internal testing goes off without a hitch as CU Wallet prepares to go live this year.
"If you are hanging your hat on interchange, you are in trouble," one credit union exec says.
Even though most consumers have yet to make a point-of-sale mobile payment, a shift is starting to occur.
Fifteen credit unions band together to support startup that plans to offer digital wallet tools beginning early next year.
Mobile remote deposit checking and a new checking rewards program have been launched by the $706 million One Nevada Credit Union in Las Vegas.
The $706 million One Nevada Credit Union in Las Vegas said it has launched mobile remote deposit checking and a new checking rewards program.