Fifteen new financial institutions, including 10 credit unions, have formally connected with Apple Pay, bringing the number of participating banks and credit unions to 60 only four months after the initiative's unveiling.
Among those that now support the new digital payment platform are the $13 billion BECU and the $8 billion Alliant Credit Union, the $1 billion Altra FCU, the $1 billion Andrews FCU, the $4 billion Ent FCU, the $1.4 billion F&A FCU, the $7 billion First Tech FCU, the $9 billion Golden 1 Credit Union, the $295 million INOVA FCU and the $7.2 billion Star One Credit Union.
Last month, a handful of new financial institutions announced support for Apple Pay, including Security Service FCU, Consumers Credit Union, Virginia Credit Union, Cyprus FCU, Fairwinds Credit Union, Mountain America Credit Union, Partners FCU, and Customers Bank.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
