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Your members may not realize it yet, but starting October 1, all cardholders will have a new credit or debit card equipped with an embedded computer chip. This marks a sea change in the way U.S. credit unions and banks manage credit and debit card fraud. Stores, restaurants, bars and other merchants who historically completed transactions via the swipe-and-sign method are gearing up to accept chip cards, and risk-averse retailers may stop offering swipe-and-sign altogether – affecting your members’ way of paying for goods and services.
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Resource Center
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Data and Analytics for Financial Services: The Strategic Currency of the Future
More than ever before, credit unions need to build solid relationships with their clients through refined, personalized experiences that deliver timely, accurate service. This ebook explores the current state of financial services and explains how robust data and analytics can improve your CU’s chance of navigating turbulence and achieving sustainable growth in 2022 and beyond.
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Maximizing the Member Experience Through Payments
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Lending Reaches the Cloud: Tactics to Successfully Start Your Credit Union's Journey
Encouraged by technological advances and changing market conditions, credit unions are migrating critical lending functions to the cloud. Learn how the cloud ushers in more cost-effective operations and high levels of member satisfaction, and what you can do to start today.
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