PYMNTS

FEBRUARY 18, 2020

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. The addition of Lumin Digital gives the credit union (CU) another offering on its menu of digital financial products and services.

Credit Union 82

Credit Union Digital Payments Online and Mobile Banking Agreements 82

PYMNTS

OCTOBER 23, 2020

The pandemic continues to affect almost all aspects of consumers’ lives, and their banking interactions are no exception. Consumers are increasingly seeking contactless ways to interact with their financial institutions (FIs), leading to a 200 percent jump in new mobile banking registrations during April. million in July.

Credit Union 60

Credit Union Mobile Banking Online and Mobile Banking Innovation 60

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. Increasingly, technology itself promotes a personalized experience.

Credit Union 86

Credit Union Innovation Payment APIs and Integration Online and Mobile Banking 86

Bank Automation

FEBRUARY 26, 2025

based Freedom Bank of Virginia completed integration of Apitures digital banking platform for online and mobile banking, the software firm announced on Feb. Incorporation of the platform took about nine months, an Apiture spokesperson told Bank Automation News. Fairfax, Va.-based

Transactions 85

Transactions Online and Mobile Banking Automation Mobile Banking 85

PYMNTS

NOVEMBER 20, 2020

Credit unions (CUs) have witnessed plenty of positive developments in recent years. CUs cannot rest on their laurels, however, given that competition in the banking space has been intense during the current economic downturn. Our challenge is showing them that online banking … is more advanced and secure than ever.”.

Credit Union 101

Credit Union Technology AI Direct Deposit 101

PYMNTS

JANUARY 21, 2021

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to their everyday financial needs.

Online and Mobile Banking 101

Online and Mobile Banking Credit Union Mobile Banking CBDC 101

PYMNTS

JULY 21, 2020

As PSCU President and CEO Chuck Fagan told Karen Webster in a recent conversation, that’s why credit unions (CUs) are working hard to help microbusinesses survive the pandemic. On a short-term basis, we’ve seen a surge among nearly all of our credit unions to get something into place for them.

Credit Union 83

Credit Union Economy Small Business Push-to-Card 83

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. Developments From Around The World Of Credit Unions. Inside One Nevada Credit Union’s Self-Service Transformation. percent in 2016.

Credit Union 77

Credit Union Data Breach Security Innovation 77

Finovate

JANUARY 14, 2025

Texas-based Sage Capital Bank has partnered with digital banking solutions provider Apiture. Courtesy of the partnership, Sage Capital Bank will deploy Apiture’s Consumer Banking, Business Banking, and Digital Account Opening solutions, as well as its Data Intelligence solution.

Online and Mobile Banking 52

Online and Mobile Banking Credit Union Fraud Detection Mobile Banking 52

PYMNTS

MAY 27, 2020

As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. As Good noted, four in 10 U.S.

Contactless Payments 112

Contactless Payments Credit Union Point-of-Sale (POS) Online and Mobile Banking 112

PYMNTS

DECEMBER 15, 2020

The pandemic has brought seismic changes to the way credit unions interact with their members. Scott noted that fewer credit union mergers happened in 2020, largely due to the pandemic. Scott said that’s because, generally speaking, M&A happens when two credit unions that are struggling come together.

Credit Union 74

Credit Union Economy Online and Mobile Banking Contactless Payments 74

PYMNTS

DECEMBER 4, 2020

PSCU company Lumin Digital is partnering with Jax Federal Credit Union (JAXFCU) to provide mobile and online banking services for over 23,000 users, which comprises around 60 percent of JAXFCU's membership, when the credit union goes live with Lumin in April of next year, according to a press release.

Credit Union 93

Credit Union Online and Mobile Banking Service Provider Innovation 93

The Fintech Times

OCTOBER 11, 2024

Alkami Technology , a US and cloud-based digital banking solutions provider, has partnered with Intrepid Credit Union to launch a new digital banking platform that offers members self-service tools and a personalised user experience. ” In 2024, J.D. ” In 2024, J.D. . ” In 2024, J.D.

Credit Union 59

Credit Union Online and Mobile Banking Audit Mobile Banking 59

PYMNTS

MAY 20, 2020

Brick-and-mortar presence used to give credit unions (CUs) a competitive edge over digital-only challenger banks. percent of CU members believe that being unable to visit branch locations represents one way in which using challenger banks would make their banking experiences worse. PYMNTS research shows that 41.5

Credit Union 60

Credit Union Online and Mobile Banking Innovation PayPal 60

Finovate

DECEMBER 13, 2023

Payments solutions company Allied Payment Network has partnered with MY CREDIT UNION of Bloomington, Minnesota. The partnership will integrate Allied’s payment technology with the credit union’s Ultracs digital banking platform. In 2022, the company processed $3.6 billion in payment volume.

Credit Union 64

Credit Union Payment Networks Online and Mobile Banking Funds Transfer 64

PYMNTS

JULY 29, 2019

Credit unions (CUs) rely on their members’ loyalty to compete in a saturated financial services market. This means providing solutions that enhance the banking experience regardless of which channel members use to interact with the CU. Around the Credit Union World.

Credit Union 69

Credit Union Online and Mobile Banking AI Near Real-Time 69

PYMNTS

JUNE 21, 2019

Consumers’ lives are becoming more digitally focused, which means it’s natural and expected that credit unions (CUs) are feeling the pressure to raise the level of their services across channels. This fact is borne by data in the latest edition of the Credit Union Tracker , a PYMNTS collaboration with PSCU , which found that 59.9

Credit Union 65

Credit Union FinTech Online and Mobile Banking ATM 65

PYMNTS

JANUARY 29, 2019

We’ll use that Buffett-ism as a jumping-off point to reflect on the fact that credit unions (CUs) have built strong reputations over decades. That’s reflected in data (this is Data Drivers, after all) from the Credit Union Innovation Index , a joint effort between PSCU and PYMNTS. The Trust Factor.

Credit Union 70

Credit Union Push-to-Card Online and Mobile Banking Innovation 70

PYMNTS

JULY 3, 2020

If there’s one thing credit union (CU) members are known for, it’s their loyalty. Such offerings could prove crucial to CUs as they face off against challenger banks during the pandemic.”. Since most CUs start life as an economic affinity group of some kind, loyalty is often baked into the business relationship pre-inception.

Credit Union 61

Credit Union Online and Mobile Banking Innovation Non-Bank 61

PYMNTS

JANUARY 26, 2021

The January Credit Union Tracker® explores the latest development in the credit union (CU) sector, including an examination of why it is so important for CUs to expedite their digital transformations and how they can help accommodate pandemic-induced challenges. Around The Credit Union Landscape .

Credit Union 110

Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

PYMNTS

JULY 31, 2020

Credit unions (CUs) have competed with banks that offer similar products for years, but their strength has long remained in the value of member relationships and ownership in the CU. Challenger banks and neobanks are projected to grow at a compound annual growth rate (CAGR) of 46 percent worldwide over the next five years.

Credit Union 62

Credit Union Online and Mobile Banking ATM Data Security 62

PYMNTS

AUGUST 21, 2020

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. FinTech players are also grabbing deposits. Square announced $1.3

Credit Union 89

Credit Union Push-to-Card Online and Mobile Banking Community Banks 89

Finovate

MAY 29, 2024

Embedded finance and digital banking solutions provider Finotta has announced a strategic partnership with Constellation Digital Partners (Constellation). Constellation will integrate Finotta’s Personified platform into its own solution to help credit unions offer personalized financial guidance to their members.

Credit Union 59

Credit Union Online and Mobile Banking Embedded Finance Mobile Banking 59

PYMNTS

SEPTEMBER 23, 2019

Credit unions (CUs) are facing an ever-shifting financial services landscape. Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. percent and total deposits by 6.9

Credit Union 63

Credit Union NCUA Online and Mobile Banking Underserved 63

Finovate

APRIL 2, 2024

Indiana-based New Washington State Bank (NWSB) has selected Apiture’s Digital Banking Platform to power its online and mobile banking solutions. The community bank will also deploy Apiture’s Account Opening and Data Intelligence solutions to onboard customers faster and to offer tailored campaigns.

Online and Mobile Banking 64

Online and Mobile Banking Mobile Banking Credit Union Community Banks 64

PYMNTS

DECEMBER 10, 2020

PSCU , a payments credit union service organization (CUSO), has rolled out its Digital Issuance solution in an effort to keep bolstering the credit union (CU) member experience, according to a Thursday (Dec. 10) announcement.

Credit Union 82

Credit Union Credit Union Service Organization Push-to-Card Online and Mobile Banking 82

PYMNTS

APRIL 1, 2019

In some ways, the average credit union customer is very much like the average customer of any financial institution. It doesn’t matter where you are banking, if you have a problem you want to be able to reach out at any time and get that problem solved,” Jack Lynch, chief risk officer at PSCU , told PYMNTS in a recent discussion.

Credit Union 56

Credit Union Innovation Online and Mobile Banking FinTech 56

PYMNTS

OCTOBER 20, 2020

The pandemic may still be forcing financial institutions (FIs) to confront the new digital reality — but opportunities abound for credit unions to engage with members who are, just now, growing a bit more positive about spending money again. Stepping Up On Credit . More Comfort Online .

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Debit Card 107

Bank Automation

MARCH 13, 2024

Greylock Federal Credit Union has selected Alkami to improve its digital banking offerings. billion credit union will implement the Alkami Digital Banking Platform to provide online and mobile banking to its retail and business clients, according to Alkami’s March 5 release.

Credit Union 78

Credit Union Online and Mobile Banking Transactions Mobile Banking 78

Wharton Fintech

OCTOBER 30, 2023

Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. Narmi’s mission is to offer financial institutions the best digital banking platform in the industry. A really big part of that is the core banking system.

API 130

API Online and Mobile Banking FedNow Payment APIs and Integration 130

Finovate

JANUARY 28, 2025

Arva AI Arva AI offers AI-enabled business verification for banks and fintechs. Banks, credit unions, payment providers, and fintechs. Banks, credit unions, fintechs, lenders, and credit builders. Insurance companies, banks, and brokers. Register today using this link and save 20%.

Credit Union 52

Credit Union Online and Mobile Banking Fraud Detection AI 52

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report.

Credit Union 51

Credit Union NCUA Small Business Online and Mobile Banking 51

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. The technology has moved with the times,” Davis told PYMNTS.

Payment APIs and Integration 99

Payment APIs and Integration Online and Mobile Banking Credit Union Community Banks 99

PYMNTS

JUNE 9, 2020

In the battle against digital challenger banks, credit unions (CUs) may be facing a bit of a perception/reality gap — and losing market share as a result. Right now, at least as found recently in the PYMNTS/PSCU collaboration , “Credit Union Innovation Playbook: Challenger Banks Edition,” CUs face some competitive pressures. .

Credit Union 53

Credit Union Online and Mobile Banking Acquirers On-Demand 53

PYMNTS

MAY 7, 2020

back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. The challenge lies with serving the needs of the individual who may be hesitant to go back to the old ways of banking — of walking up to teller windows, of handling cash in envelopes.

ATM 122

ATM Credit Union Online and Mobile Banking Use Case 122

PYMNTS

APRIL 24, 2020

Some banks have shuttered their branches during the pandemic and are relying on digital or mobile channels to fulfill customer needs, but others do not have that option. Banks are altering their customer interaction approaches to take precautions against further spreading COVID-19 while maintaining sound customer service practices.

Technology 99

Technology ATM Online and Mobile Banking Credit Union 99

PYMNTS

OCTOBER 11, 2018

Credit unions can be easy to overlook and underestimate — individually, they generally don’t have a massive amount of assets, their membership bases are often pretty small and more localized, and on average their rate of credit card penetration among members is pretty small: 15 to 17 percent on average. The Member Experience.

Credit Union 56

Credit Union Fraud Detection Online and Mobile Banking Account Takeovers 56