Opportunity to build enduring relationships by leveraging the mobile channel is within reach. But credit unions must act now, before their members direct their payments elsewhere.
In an era of almost daily news about alternate and mobile payment solutions in our industry, credit union executives are right to be concerned not only about the future of their business but also of the potential dilution of their brand as new players enter the market.
A new partnership between the World Council of Credit Unions and Boom Financial, a Palo Alto, Calif.-based company that provides mobile banking and money transfer services to immigrant and unbanked families, could pump new life into credit unions in developing countries.
PSCU first CUSO to put Google Wallet payments technology to the test.
There is certainly no shortage of experts willing to prognosticate on the future of the retail bank branch. For well over a decade, the futurists have generally aligned themselves around one of two sides of the debate. Those predicting the end of the branch as we know it, and those predicting...
It might seem too late to the digital wallet party, but Visa’s V.me could prove to be a major competitor to category leader PayPal.
Credit union executives are right to be concerned – not only about the future of their business, but also of the potential dilution of their brand as new players enter the market.
Mobile banking is the game changer, Apple disses NFC, and more
Mobile wallets are coming – that is a certainty, some experts say. But just about everything else around this issue remains uncertain as credit unions, banks, and merchants scramble to attempt to keep pace with a fast evolving marketplace.
Mobile for the underbanked, cost-saving RDC, securing the channel all covered in the latest Mobility Matters column by veteran tech reporter Robert McGarvey.