payment services

• Suncoast Schools Adds Mobile RDC (Video)

  By Marc Rapport  |  April 18, 2013

  Check deposit app developed in-house at Tampa credit union and integrates with WAUSAU Financial processing.

• University FCU Catches Scams Early With New System

  By Natasha Chilingerian  |  February 6, 2013

  Reducing deposit fraud cases is an important goal at any credit union. At University Federal Credit Union, one incident in particular triggered the need for a new solution that would allow it to take a preventative approach against this common form of fraud.

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  Staying Relevant in Today’s Changing Environment

  By Louis Hernandez Jr.  |  December 14, 2012

  Many smaller financial institutions have become increasingly disconnected from the way people live today because they continue to operate on outdated technology that hasn’t kept pace with what consumers need.

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  CU Best Practices for Global Payments: Guest Opinion

  By Bob Dowd  |  November 21, 2012

  Credit unions often find it difficult to provide international payment services to their members, the demand for international drafts, wires, international ACH and encashment of foreign receipts grows daily as global trade becomes an increasingly important part of business for companies and individuals.

• Bluebird’s Appeal Seen as Limited

  By David Morrison  |  October 22, 2012

  Bluebird, the new prepaid card product being rolled out by Walmart and American Express, will provide banks and credit unions with additional competition in transaction accounts and technology.

• Bluebird Not Existential Threat to Credit Unions or Banks, Researcher Says

  By David Morrison  |  October 11, 2012

  Filene researcher does see increased competition from Amex/Walmart offering, while Latino Community CU, Consumers Union say full-service still needed.

• U.S. Central Bridge Will Close Earlier Than Expected

  By Heather Anderson  |  July 2, 2012

  The wind down of U.S. Central Bridge Federal Credit Union’s payment services “has progressed more smoothly than originally anticipated”, the NCUA said in a recent letter to credit unions.

• NCUA Will Shutter U.S. Central Ahead of Schedule

  By Heather Anderson  |  June 25, 2012

  Agency says ACH to transition completely by Sept. 30 with complete shutdown now expected on or about Oct. 31 instead of Dec. 31.

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  CO-OP THINK Prize Goes to P2P Business Plan from California Credit Union

  By Marc Rapport  |  May 2, 2012

  Paul Yang, CEO of the $124 million Premier Community Credit Union in Stockton, Calif., was named the recipient of the CO-OP THINK Prize 2012.

• PayPal Announces New P2P Services for Credit Unions, Banks: Onsite Coverage

  By Robert McGarvey  |  May 1, 2012

  BALTIMORE — "We want people to know we're not the devil," financial innovations chief at PayPal tells Credit Union Times.