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World Council Of Credit Unions Helps Develop Technology In Asia And Africa

Tom Groenfeldt

The World Council of Credit Unions helps develop new technology, like mobile banking, that credit unions need but cant afford to develop on their own.

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CFPB fines VyStar Credit Union $1.5M for ‘bungled’ platform rollout

Bank Automation

The Consumer Financial Protection Bureau fined VyStar Credit Union $1.5 billion VyStar tried to transition to a new online banking platform in May 2022, but the platform failed leaving […] The post CFPB fines VyStar Credit Union $1.5M The Jacksonville, Fla.-based, based, $14.75

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Amplify Credit Union Chooses IllumaSHIELD for Voice Authentication

Finovate

Amplify Credit Union has partnered with Illuma to implement IllumaShield voice authentication, enhancing security and streamlining member verification. By automating identity verification, Amplify Credit Union expects to reduce call handle times, cut operational costs, and deliver a more seamless, trusted member experience.

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“We Want to Do More with Less” — Credit Unions Speak in FinovateSpring Spotlight

Finovate

FinovateSpring showcased credit unions and the fintechs that innovate for them in its Credit Union Spotlight last week. Below is a sample of some of the most common concerns raised by credit union executives during the session, and a sense of what they need fintechs to offer in return.

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Payfinia Receives $4.5 Million from Star One Credit Union to Launch CUSO

Finovate

Payfinia has launched a new Credit Union Service Organization (CUSO) to help credit unions modernize their payments experience. The CUSO is launching in partnership with Star One Credit Union, which invested $4.5 Million from Star One Credit Union to Launch CUSO appeared first on Finovate.

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Alkami Technology Brings Push Provisioning to NASA Federal Credit Union

Finovate

Texas-based digital banking solutions provider Alkami Technology is bringing Push Provisioning to NASA Federal Credit Union (NASA FCU). Photo by Pixabay The post Alkami Technology Brings Push Provisioning to NASA Federal Credit Union appeared first on Finovate. The institution has more than $5 billion in assets.

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Even a small credit union couldn't escape the demand for contactless payments

Payments Source

Early in the pandemic, Michigan's Astera Credit Union realized that if it could not support touchless transactions, its members were likely to go elsewhere. ]].