Payment Platforms

"The biggest question is whether the relationships Plaid had with those tech companies will translate into capability and relationships for banks and credit unions."

In the U.S., it's estimated that 40,000 automated deposit terminals will spring up in the next five years.

Growth in biometrics means that more e-commerce platforms will likely use the technology to meet security requirements as well.

"There is no underestimating the importance of a solid payments program to a credit union's reputation..."

CO-OP's data suggests that credit union cardholders spent more when they shopped online this year.

The new option follows system changes made to allow CUs to offer Payveris P2P even if they were using a different provider for bill pay services.