LAS VEGAS — Interchange, tokenization and branch reinvention all contribute to 2014’s evolution, Money20/20 speaker say.
Pharmacy chains Rite Aid and CVS disable NFC systems, signaling MCX alliance.
Having innovative products and services is one key way to stay ahead of the competition.
To compete, credit unions should ensure their mobile systems are up to par.
Seventy-five percent of consumers still prefer to open checking accounts at a branch, Raddon says.
Sen. Dick Durbin (D-Ill.) files an amicus brief with the Supreme Court, arguing for a lower Fed interchange cap.
It's short-sighted for credit unions to dismiss new competition from two giants with loyal customers.
A credit union CEO and a financial analyst say Wal-Mart's new checking account won't directly compete with credit unions.
The retailer expands its reach into financial services with the new insurer partnership.
CUNA, ABA has no comment so far, NAFCU approves of prepaid cards having FDIC, ICBA objects.