CU Wallet, the mobile payments CUSO owned by some 80 credit unions, is on track to go live as early as April.
Internal testing goes off without a hitch as CU Wallet prepares to go live this year.
Credit unions grow their business lending portfolios in a recovering economy, and despite the MBL cap.
Read about the latest new hires, promotions, retirements and other career milestones in the credit union industry.
LAKE BUENA VISTA, Fla. — In 2010, nine credit unions began talking about how to launch a CUSO that could help them all lower compliance costs.
LAS VEGAS—CU Wallet, the credit union-owned digital wallet solution, announced at the Money2020 conference it has contracted with Massachusetts-based mobile wallet developer Paydiant.
Fifteen credit unions are betting the time is right for a credit union centric digital wallet. That’s why they threw their weight behind startup CU Wallet, the brainchild of Paul Fiore, founder of Digital Insight, and Kirk Drake, CEO of the Hagerstown, Md.-based CUSO Ongoing Operations.
Generous deeds from across credit union land.
The $318 million Belvoir Federal Credit Union in Woodbridge, Va. hosted one week of casual dress in which employees donated $3 per day or $10 for the week for the privilege.
Some veteran board members quip they can remember the days when their biggest challenge was choosing the color for the carpet at the newest branch.