Fi911

JUNE 9, 2025

Banks and credit unions face a perfect storm of attractive targets, sophisticated attackers, and mounting regulatory scrutiny that makes BEC prevention a critical priority. These attacks often coincide with travel schedules or major transactions when verification becomes difficult.

Email Compromise

Finextra

JULY 1, 2025

For high-risk transactions, a contextual notification is sent directly to the trusted device, allowing immediate user verification, giving users peace of mind that they are fully in control. Then, silent signals analyze the interaction to ensure it matches the users typical behavior patterns.

Account Takeovers

Finovate

JUNE 16, 2025

Crypto / DeFi Coinbase unveils credit card with bitcoin rewards. Credit unions Barksdale Federal Credit Union, the largest credit union in Louisiana, partners with Scienaptic AI. Open finance company Belvo launches automatic recurring payments solution, Pix Automátic o. GrailPay raises $6.7

Credit Union

Finovate

MARCH 24, 2025

Fraud prevention and identity verification Wisconsin-based community bank IncredibleBank partners with Alloy to enhance its account opening process. Digital banking Canada’s largest federal credit union, Coast Capital, launches its new digital commercial banking platform courtesy of its partnership with ebankIT.

FinTech

Finovate

JUNE 17, 2025

Plaid reported that one of the solution’s early adopters found in testing that enhancing verification for just 5% of its users would have intercepted nearly 40% of first-party fraud. Currently available in beta, Plaid Protect provides an intuitive dashboard that uses semantic search powered by natural language.

Fraud Prevention

The Fintech Times

APRIL 24, 2025

ValidiFI , a bank account and payment intelligence firm, has expanded its vAccount+ suite to include new capabilities for authoritative bank account verification. It says this move will equip organisations with a multi-layered approach to account verification, increasing coverage and accuracy.

FinTech

Stax

MARCH 27, 2025

They check for fraud and fund availability (Verification) before depositing the money into your account (Completion). Interconnecting 10,000 US banks and credit unions, this network continues to receive high demand. There are two ACH categories based on who has control over the payment: ACH credit or ACH debit.

ACH

Finovate

MAY 27, 2025

Investing / Wealth Management River Valley Credit Union partners with InvestiFi to offer cryptocurrency and securities investing. Identity management Identity verification specialist Sikoia wins the 2024 Innovation Labs programme, along with Credit Canary and Aperidata.

FinTech

The Fintech Times

NOVEMBER 22, 2024

Collabria Financial Services , the Canadian credit union credit card issuer, is joining forces with Trulioo , a digital identity verification firm, to establish a streamlined verification process for new cardholders.

Security

Finovate

APRIL 22, 2025

Banks, credit unions, community banks, wallets, and digital banks. Banks, credit unions, fintechs, or any other business looking to meet security awareness and compliance needs. Banks and credit unions. Banks, equipment manufacturers, and equipment distributors.

Credit Union

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. Register today using this link and save 20%.

Credit Union

Finextra

JUNE 2, 2025

It’s also behind the concept of Banking-as-a-Service (BaaS), where banks expose APIs for everything from account opening to credit scoring, letting fintechs compose new banking offerings on-demand. In DeFi, composability is frequently celebrated with the meme of “Money Legos.” Every protocol is a Lego block that can snap onto others.

Finance

Finovate

MAY 2, 2025

Hyperdesk – San Francisco, California and Mexico City, Mexico Founded in 2025, Hyperdesk provides an AI-powered search engine that helps credit unions and community banks grow their loans and deposits by better engaging with local businesses. International identity verification firm Veriff opened new offices in So Paulo, Brazil.

Online and Mobile Banking

Finovate

APRIL 15, 2025

Credit unions, community banks, and regional banks. Financial institutions such as credit unions, banks, and OEM captives interested in serving more low and moderate income (LMI) consumers in auto. Banks and credit unions. Asset management firms, banks, credit unions, and financial software providers.

Credit Union

Finextra

JUNE 6, 2025

The challenge is keeping the bank meeting the new standards of money movement, real time account balances and people verification. This creates both stability and vulnerability. A steady income is provided. It creates the need for programmers skilled in ancient languages (Midas alone has over 25 million lines of RPG code).

Technology

Finovate

FEBRUARY 6, 2025

ID-Pal ID-Pal uses 100% AI-powered technology for real-time identity verification and AML screening, ensuring seamless customer onboarding, compliance, and zero access to customer data. Banks, neobanks, community banks, credit unions, payments providers, insurance companies, asset management companies, and financial institutions.

Stablecoins

The Fintech Times

OCTOBER 29, 2024

PayPoint has forged a new partnership with Leeds Credit Union , a financial cooperative with 37,000 members, enabling them access to its CashOut service. Global identity verification provider ID-Pal appoints John Purdy as the newest member of its board of directors. Purdy co-founded Ergo over 30 years ago.

FinTech

Fintech Weekly

JUNE 10, 2025

Sri Phani Teja Perumalla Oct 26th Technology Branded Article Streamline Your Finances: Why Your Business Needs Loan Management Software Loan Management software acts as a centralized software which is utilized for holding, managing and verification of borrower data, thereby enhancing customer experience.

Blockchain

Payments Source

JANUARY 14, 2019

A group of credit unions is ready to see if its blockchain-based approach can serve a wider market. There are many contenders working towards developing a universal digital ID system and away from static passwords.

Credit Union

PYMNTS

JANUARY 27, 2021

Credit unions (CUs) and other financial institutions (FIs) across the country have made leaps and bounds in their efforts to digitize services in recent years to meet an already-growing consumer demand. Headquarters Federal Credit Union, created to serve its employees. Affinity had help with its transformation, too.

Credit Union

Finextra

NOVEMBER 20, 2024

Collabria Financial Services, Canada’s largest credit union credit card issuer, has announced that they will partner with Trulioo, a global leader in digital identity verification.

Credit Union

PYMNTS

DECEMBER 5, 2019

Credit union service organization CULedger has debuted its financial exchange for credit unions using R3’s Corda blockchain technology, the firms said in a press release Thursday (Dec. CUPay was first announced earlier this year in partnership with Luxoft.

Credit Union

PYMNTS

JUNE 1, 2020

All throughout the pandemic as banks, credit unions and other financial institutions (FIs) shut down in whole or in part, the world’s network of ATMs hummed along, keeping people and businesses connected to cash and a remote menu of account services with always-on automated efficiency. Elevate the ATM experience’.

Credit Union

PYMNTS

NOVEMBER 17, 2020

That’s one of the takeaways from a recent PYMNTS panel discussion with Visa ’s Director of Global Chip Product Tom Rapkoch , Keyno CEO Robert Steinman and Assistant Vice President of Digital Strategy and Innovation at Michigan State University Federal Credit Union Ben Maxim.

Credit Union

PYMNTS

FEBRUARY 24, 2020

PSCU , the credit union service organization (CUSO), announced on Monday (Feb. 24) that it is finishing up a proof of concept (POC) with CULedger and Baxter Credit Union (BCU) for a blockchain-based decentralized identification platform. application. They are now using it to verify their identities.

Blockchain

Finextra

OCTOBER 2, 2024

Backbase, the creator of the Engagement Banking Platform, announced today an integration with Middesk, a business identity platform designed to automate business verification and underwriting decisions to help banks and credit unions to mitigate risk and reduce fraud.

Verification

PYMNTS

AUGUST 24, 2020

One FI deploying ITMs on a wide scale is Tennessee-based Ascend Federal Credit Union , which first began this initiative in 2014. Its 200,000 members have been enjoying a range of improved services ever since, according to the credit union’s (CU’s) senior vice president of administration, Jason Powers.

Credit Union

Payments Source

NOVEMBER 17, 2020

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

CVV2

Payments Source

MARCH 15, 2019

CULedger and the computing giant will work to develop blockchain technologies, create new products and improve existing ones.

Credit Union

PYMNTS

MAY 2, 2019

NACHA has announced that MicroBilt is a preferred partner for bank account verification. The Association named MicroBilt for the accuracy and timeliness of its account verification capabilities, it said. “With a database of more than 1.5 “With a database of more than 1.5 “With a database of more than 1.5

NACHA

PYMNTS

JANUARY 20, 2017

While banks and credit unions are a part of the equation, Buzzard explained that the onus of “issuing” an authenticated identity should not fall solely on the institutions. A big area of focus in payments security, particularly for financial services players such as credit unions, is identity verification.

Credit Union

PYMNTS

APRIL 1, 2020

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. In the March Credit Union Tracker® , PYMNTS analyzes the latest developments in the CU space, such as how they are tackling fraud protection challenges in a growing online banking ecosystem.

Credit Union

Segpay

SEPTEMBER 5, 2024

Age Verification has become key to making sure that minors do not get access to specific products or services, such as age-restricted online gaming, streaming, dating, or adult content that could be harmful to kids. Therefore, merchants prefer to use Yoti, Verifymy, or other third-party solutions to manage age verification.

Verification

The Paypers

NOVEMBER 20, 2024

Collabria Financial Services, a credit union card issuer based in Canada, has teamed up with Trulioo to support optimised cardholder digital identity verification.

Verification

Finovate

SEPTEMBER 24, 2024

As the first major investment for the company, the capital will help accelerate the development of Illuma’s voice verification offerings to help banks and other institutions fight fraud, voice cloning, deep fakes, and more.

Credit Union

Finovate

FEBRUARY 6, 2024

The company, which returned to the Finovate stage in 2022 and 2023 for FinovateFall, helps community banks and credit unions access modern banking technology. This week, the company announced a new partner – Oregon State Credit Union – that will deploy Bankjoy’s online account opening and loan application.

Innovation

PYMNTS

APRIL 30, 2020

Credit unions (CUs) have had to shutter many of their branches or limit capacity alongside other financial institutions (FIs) to protect members and staff as the COVID-19 virus continues on. Around The Credit Union World. About The Tracker.

Credit Union