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How CUs Can Leverage Loyalty Programs To Boost Their Brands And Retain Members

PYMNTS

Credit unions (CUs) have long relied on personalized banking approaches and trust to retain their members, but those that cannot meet all of their members’ needs are at serious risk of losing them to other financial institutions (FIs). billion in assets, more than 343,000 members, 33 branches and four back-office service centers.

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PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants

PYMNTS

Welcome Technologies , which builds data-driven tech for immigrant communities, has chosen PSCU , a credit union service organization, to provide processing services and support for the first credit card program to be offered by Welcome, an online consumer platform that focuses on immigrant communities, according to a press release.

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How Humans, Machines Can Join Forces To Catch Payments Fraud

PYMNTS

In an interview with PYMNTS, PSCU Chief Risk Officer and President of Credit Union (CU) Recovery & The Loan Service Center Jack Lynch and NICE Actimize General Manager of Case Management & Platform Justin McLean said it is no longer possible for humans to keep up with the vast amount of data coming into financial institutions (FIs). “It’s

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CFPB Has Spoken: Payday Lending Regs Drop

PYMNTS

The rules also make an exemption for community banks, credit unions and any other lenders that have not made such loans a big part of their business. Notably, we have no intention of disrupting lending by community banks and credit unions,” Cordray noted. And there are a few avenues.

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The Final Payday Lending Rule Drops (Now What)

PYMNTS

The rules also make an exemption for community banks, credit unions and any other lenders that have not made such loans a big part of their business. Notably, we have no intention of disrupting lending by community banks and credit unions,” Cordray noted. And there are a few avenues.

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Why The Final Payday Lending Rules Are Far From The Last Word

PYMNTS

“The final rule published today will devastate an industry that serves nearly 30 million American customers each year,” noted Edward D’Alessio, executive director of the Financial Service Centers of America. million comments submitted. Banks need clear guidelines from a host of players.

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