PHOENIX — Despite competition from nonbank providers like Google Wallet and a growing consumer shift away from traditional checking accounts, credit unions are best positioned to provide what the consumer of the near future will demand. So said ProfitStars Director of Strategic Insight Lee Wetherington during his May 21 general...
In less than two years, mobile payments are set to be accepted by 53% of merchants and the transaction channel is poised to start replacing cash and credit cards.
Make way for the CXO! These job titles go out of the way to make a message out of the moniker.
Young people don’t want checkbooks, and it’s a reality that some credit unions may be ignoring.
In the call to bring out your dead, don’t be so quick to toss branches on top of the heap of abandoned projects.
Don’t be so quick to toss branches on top of the heap of abandoned projects. This preview from next week's print edition explains why.
No one-and-done: mFoundry purchase may be just the beginning of tech giant's bid to dominate mobile banking space.
PHOENIX — A standing-room-only crowd flocked to a BAI Payments session on mobile wallets and got this message: Stop dawdling. Try something. Anything.
Credit unions have seen quite a bit of membership growth over the last year–much of it due to the consumers’ disdain over the poor reputation commercial banks have earned lately. Credit unions, to their credit, have profited from this consumer windfall and are now showing many of these new-found members...
Debit card transaction volumes have increased because a combination of technology and innovative entrepreneurs. And that has helped push the cash cards into parts of the payments universe where they have never been before.