credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

New Data Shows Long-Term Shift Toward FinTech-Credit Union Partnerships
New Data Shows Long-Term Shift Toward FinTech-Credit Union Partnerships
May 01, 2025  |  Credit Unions

Understanding the evolving dynamics of this relationship is paramount for credit union executives and FinTech entrepreneurs alike. While the share of FinTechs selling consumer-facing and...

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FinTechs and Credit Unions Increasingly Play Nice With Each Other
FinTechs and Credit Unions Increasingly Play Nice With Each Other
April 30, 2025  |  Credit Unions

If you can’t beat ‘em, join ‘em. Many financial technology firms have historically sought to compete with credit unions by offering their own financial services...

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Velera to Provide Card Processing Support to Vermont-Based 802 Credit Union
Velera to Provide Card Processing Support to Vermont-Based 802 Credit Union
April 29, 2025  |  Credit Unions

Vermont-based 802 Credit Union (802CU) has selected credit union service organization (CUSO) Velera to provide debit and credit card processing support. Velera will begin providing...

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Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
April 29, 2025  |  Credit Unions

The last decade has seen a dizzying acceleration in digital banking innovation. From slick mobile-first challenger banks to the sprawling networks of national giants, competition...

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Banks Rush to Promote Instant Payments as RTP Crosses Billion-Transaction Mark
Banks Rush to Promote Instant Payments as RTP Crosses Billion-Transaction Mark
April 28, 2025  |  Real-Time Payments

Roughly seven and a half years after The Clearing House (TCH) launched its RTP® network — the first new U.S. payments infrastructure in four decades...

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Credit Unions Capitalize on Consumer Trust to Boost Growth
Credit Unions Capitalize on Consumer Trust to Boost Growth
April 17, 2025  |  Credit Unions

For all financial institutions — and especially for credit unions — primary accounts are critical for the growth of the business. Primary accounts are the...

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Trump Fires 2 Board Members of National Credit Union Administration
Trump Fires 2 Board Members of National Credit Union Administration
April 16, 2025  |  Credit Unions

President Donald Trump fired two Democratic board members of the National Credit Union Administration (NCUA), leaving the board that traditionally has three members with just...

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GenAI Fuels New Wave of Sophisticated Financial Fraud
GenAI Fuels New Wave of Sophisticated Financial Fraud
April 16, 2025  |  Fraud Prevention

Fraud is getting more sophisticated, thanks to artificial intelligence (AI). Fraud can be perpetrated in the form of deepfake videos or voice, with AI producing...

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Juniper Adds Embedded AI-Driven Fraud Prevention Engine to Payments Hub
Juniper Adds Embedded AI-Driven Fraud Prevention Engine to Payments Hub
April 16, 2025  |  Security & Fraud

Juniper Payments, a Velera company, added an embedded artificial intelligence-driven fraud prevention engine to its Payments Hub platform for banks and credit unions. The enhancement...

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