NAFCU has asked that the NCUA stop using material from financial advice guru Suze Orman after she launched a decoupled debit card program that could hurt credit unions.
In a move seemingly aimed at creating a payments CUSO large enough to compete with PSCU Financial Services, CO-OP Financial Services and the The Members Group have announced a cooperative marketing and product development partnership.
Big CUSO to invest in Iowa-based organization, jointly develop "portfolio of payment services."
Move is meant to draw more merchants.
Mobile and P2P payments specialist is now offering “Proxi,” a smartphone app that will allow users to exchange money with other people and merchants in their proximity.
A new white paper from The Members Group suggests mobile banking is enabling credit union members to take over the notion of customer service.
Cardholders of credit unions using The Members Group as their processing provider now can choose to get text alerts about possible fraud attempts.
Messages give cardholder option of approving transaction or stopping it and alerting company fraud team.
Waiting game for credit unions and CUSOs by a patent litigation suit from London payments technology vendor Serverside Group.
Thirty credit unions that process their credit cards with The Members Group have made the “Dean's List” at Credit Card Connection.