For small firms, punching above their weight is key to survival. In financial services, where the global footprint of megabanks can cast a wide shadow over the operations of local lenders and credit unions (CUs), survival for smaller firms isn’t just about keeping up. Increasingly,...
Credit union service organization (CUSO) Velera appointed five continuing board members to its executive committee that helps guide the CUSO’s direction. The members of the committee are executives of credit unions of all sizes, from across the United States, Velera said in a Tuesday (May...
The battle for the small and medium-sized business (SMB) share of wallet is heating up. While larger national and regional banks often leverage vast resources and extensive product suites, credit unions (CUs) possess unique strengths that position them as powerful contenders, particularly in specific segments...
New rules for cryptocurrency could be around the corner in the U.S., and in many ways the industry is already preparing for its fully-mainstream debut. There are few more telling signs of the shift the crypto landscape has undergone than the fact that JPMorgan Chase,...
May 29, 2025
Executives at financial institutions large and small know that faster payments are becoming a part of their strategic and competitive roadmaps. If they don’t offer instant fund flows, retail and commercial clients will vote with their feet and move their accounts to a competitor. But for banks, and particularly smaller financial institutions (FIs), the move […]
May 28, 2025
For small firms, punching above their weight is key to survival. In financial services, where the global footprint of megabanks can cast a wide shadow over the operations of local...
May 23, 2025
The battle for the small and medium-sized business (SMB) share of wallet is heating up. While larger national and regional banks often leverage vast resources and extensive product suites, credit...
May 21, 2025
New rules for cryptocurrency could be around the corner in the U.S., and in many ways the industry is already preparing for its fully-mainstream debut. There are few more telling...
May 27, 2025
Credit union service organization (CUSO) Velera appointed five continuing board members to its executive committee that helps guide the CUSO’s direction. The members of the committee are executives of credit unions of all sizes, from across the United States, Velera said in a Tuesday (May 27) press release. The committee’s new chair is Cathy Tierney, […]
May 14, 2025
The federal credit union tax exemption was preserved during the markup of a tax reconciliation bill in the House Ways and Means Committee. The legislation passed the committee on a...
April 29, 2025
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 debit card processing support to...
April 16, 2025
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 one member, Republican Chairman Kyle...
