Commentary

Credit unions, in particular, stand to gain tremendously from capturing data and using it for the segmentation of their membership.

Credit unions, in particular, stand to gain tremendously from capturing data and using it for the segmentation of their membership.

In an era of almost daily news about alternate and mobile payment solutions in our industry, credit union executives are right to be concerned not only about the future of their business but also of the potential dilution of their brand as new players enter the market.

With approximately 70 million possible tablet users by year end and 4.6 billion smartphones being used worldwide, its safe to say credit union members are mobile.

NASCUS and others believe the important balance provided by the dual chartering system may be at risk, and we must work to ensure dual chartering is viable and thriving.

NASCUS and others believe the important balance provided by the dual chartering system may be at risk, and we must work to ensure dual chartering is viable and thriving.