Responding to credit union client requests, core processors are launching apps and products for small credit unions that are streamlining operations.
Fiserv adds video game-inspired enhancements to make payments platform easier to set up and use.
Recent reports allege substantial security flaws, especially in credit union apps. Developers disagree with the reports and say their apps are safe.
Only 10% of credit unions are settlers, who stick around to finish what they started in social media.
The gateway drug to social media is Facebook, but engaging with members in new ways like Snapchat or Instagram could see huge growth next year.
Nearly one in four consumers who used Andera software to open new accounts accessed apps using smartphones and tablets, up 50% from last year.
Learn more about improving social media engagement and quantifying ROI in this special report.
Statistics about social media engagement.
Experts say no social media policy is foolproof because of third-party risks.
Bipartisan legislation would require entities, including financial institutions, retailers and federal agencies, to investigate breaches and inform consumers.