Get ready for mobile banking 2.0, where credit unions will think for the member.
More than two dozen credit unions have been hit and some have suffered losses ranging from $100,000 to $400,000 in a home equity line of credit scam, according to Roger Nettie, a senior consultant of risk management at CUNA Mutual Group.
Three credit union technologies share where they will spend their IT dollars next year.
CUNA Mutual reports more than a dozen credit unions have suffered losses behind cybercriminals posing as members.
A lot has changed since the first credit unions opened in 1852. Today, members manage their finances through a variety of digital platforms including PCs, tablets, and mobile phones.
CHICAGO—New digital retail banking platform offers a single, consistent member experience.
Springfield, Va. — When the $1 billion Andrews Federal Credit Union started designing its newest location, President/CEO Jim Hayes said the cooperative wanted a building that went beyond the traditional branch.
SPRINGFIELD, Va. — Members have access to free Wi-Fi as well as iPads, Kindles and Galaxies.
Credit union online banking systems could be seized by hackers.
Read why your digital banking decisions should lead with your mobile provider, not online.