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Bankjoy Teams Up with Account Activation Specialist Pinwheel

Finovate

Bankjoy, a digital banking provider for banks and credit unions, announced a partnership with Pinwheel this week. Bankjoy will help its more than 70 bank and credit union customers integrate Pinwheel’s digital deposit switching (DDS) solution, Pinwheel Prime.

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Teachers Credit Union On Using Technology To Drive A Personalized Member Service Approach

PYMNTS

Credit unions (CUs) have witnessed plenty of positive developments in recent years. These include South Bend, Indiana-based Teachers Credit Union (TCU), which has nearly $4 billion in assets and serves more than 300,000 customers at 57 branches across Indiana and southwest Michigan.

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Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

Banks will need to seriously revamp their in-branch experiences to accommodate the new normal as customers are growing used to the unparalleled convenience and speed that mobile banking has to offer. Credit Union. The past year has been one of the most trying in recent memory for lenders as well as consumers.

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What is ACH Credit and ACH Debit and How Do They Work?

Stax

It’s like a direct deposit from one account to another, but unlike wire transfers, they are not subject to a fee by the processing banks. In this setup, the payer “pushes” funds to the recipient’s bank account. They are also used for person-to-person payments or community crowdfunding campaigns.

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What Is an EFT Payment?

Payment Savvy

Setting up direct deposit for your paycheck. Transferring money between your own accounts at different banks. Today, many different types of EFT services are available, ranging from direct deposit to online banking. Direct Deposit. Paying your car loan or insurance premium. Electronic Checks.

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 PSCU Looks At The (Strong) State Of The CU As 2020 Beckons

PYMNTS

Three months away from the end of 2019 and the dawn of the 2020s, the state of the credit union is stable, due to a healthy foundation that is already in place, according to Charles E. As has been seen in other industries across financial services, credit unions, too, are consolidating, which means that scale is solidifying, too.

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SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience

PYMNTS

“The majority of banks continue to view support and service as something that requires human intervention,” said Cornell – but SilverCloud’s own estimates show that more than half of all support inquiries come during nights and weekends, which is when bank branches and call centers are closed, causing frustration for bank consumers.