Browsing: union

Key insight: Despite what was in many ways a tumultuous year, credit unions added members, loans and deposits according to the NCUA’s most recent quarterly statistics. Expert…

Key insight: Passive, real-time call fraud scoring reduced fraud exposure and improved member experience for MSUFCU.Expert quote: Fraud strategist Frank McKenna said humans can’t reliably detect…

Key insight: The complaint alleges Fiserv secured its internal corporate data with biometric controls but forced clients to use weaker, email-based passcodes.What’s at stake: Self-Help is…

What’s at Stake: The court filing comes after Vought said last week that he will not request funding for the CFPB and that the agency will…

Key insight: A university credit union’s acquisition accelerates its embedded family banking product strategy.Expert quote: Reseda CTO Ben Maxim says Tandem can serve cohabiting students, siblings…

Key insight: Agentic AI tools can enable growth for credit unions without replacing existing systems.   Supporting Data: Forty-six percent of credit unions expect AI to affect customer…

Key Insight: TruMark Financial Credit Union is using technology to reshape loan balance sheet strategies.Expert Quote: Happy Money’s Matt Tomko: “Our participations program helps credit unions…

Key insight: Western Union plans to issue its own stablecoin. What’s at stake: The firm hopes to compete against the fintechs that are expanding quickly in the…

Forward look: Atlantic Union joins a lengthening list of banks seeking to expand into North Carolina, announcing plans to build 10 branches in Raleigh and Wilmington.Key…

  Average interest rate Monthly payment Total interest paid Credit unions 5.75% $577 $4,590 Banks 7.49% $601 $6,060 Source link