Tag Archives: credit unions

FinTech Innovation Delivering Enhanced Member Engagement

In 2018, credit unions (CUs) added 5.02 Million new members, the fastest in the history that manifests the growing popularity of CUs. However, the financial landscape is consistently challenged by escalating fraud threats & data breaches. This makes it more difficult than ever to safeguard members’ money, especially for smaller CUs. Payment cards, Same Day ACH,

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What QPS has in Store for Financial Institutions at CUNA GAC 2018?

The financial industry is undergoing a paradigm shift with an influx of ever-evolving technology, demographics, and regulatory dynamics. Electronic payments have always been the prime target for hackers with data breaches causing huge losses for organizations. Fraud Risk in a Digitally Connected Payment World Financial Institutions (FIs) are grappling with ever-expanding fraud landscape including payment

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Same Day ACH Phase II, Knocking at Your Door – Weigh Your Strengths Today!

The roll out of Same Day ACH (SDACH) Phase I by the Electronic Payments Association (NACHA), the administrator of the Automated Clearing House (ACH) network, in September 2016 led the payment industry to dramatically adopt same day transactions. It accounted for approximately 13M amounting to more than $18B in QTR 1, 2017. Assessing the Impact

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