Remove Contactless Payments Remove Credit Union Service Organization Remove Online and Mobile Banking
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Deep Dive: Why Contactless Payment Innovation Is Key For CUs Amid The Pandemic And Beyond

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A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. The High Stakes Of Offering Contactless.

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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

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Consumers’ migration to using contactless payment methods more often for their speed and convenience was only accelerated during the onset of the pandemic last year. It is easy to see why contactless payments are growing in a time of social distancing and touchless safeguards to prevent spreading the virus.

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Anticipating The Consumer Spending Rebound

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In an interview with Karen Webster, Chuck Fagan, president and CEO of PSCU , a credit union service organization (CUSO), said that the impact to consumer spending will be prolonged, but the recovery will be swift and sharp — depending on where you look. Overall credit card spend was down 29.9 The Shift In Payments.