Account opening, online banking vendor sees new members signing up by droves at customer credit unions.
SAN FRANCISCO — Finovate attendees wonder whether CUs should be in business of helping members shop and spend.
A combination of factors has credit unions seaching for noninterest income in earnest.
PayPal's commanding presence in the P2P space is hard to compete with, so maybe joining them would be a better strategy for credit unions.
A South Carolina online banking specialist made a P2P shot across the bow recently when it said it was using PayPal as the person-to-person payment engine on its Internet banking platform.
Fort Worth City Credit Union is now offering electronic document signing through its home banking page.
The former CUDefense is now S1 Defense.
Being a small credit union out in the plains of West Texas doesn't mean you can't offer high-tech services to your members. In fact you better, if you have "Tech" in your name.
The $490 million Rivermark Community Credit Union said more than 3,600 members signed up for its new mobile banking service since its Dec. 13 launch.
CommonWealth Central Credit Union plans to go live soon with a set of online banking tools from PM Systems Corp., the company and credit union said.