The U.S. is experiencing a turning point in the adoption of contactless payment methods. More and more merchants are beginning to embrace contactless and turn…
Posts published in “Credit Union Business”
Turning a 700+ Score into a 800+ Score
by Rex Johnson on October 15, 2019My team of consultants work with hundreds of credit unions each year, and we are constantly noticing new trends. In recent years, we are seeing…
The four cornerstones of successful and continuous innovation for credit unions
by Mehmet Sezgin on October 8, 2019Innovation defines our age, but it is more than an overused concept or throw-away buzzword. . What is innovation? The word has become practically synonymous…
Open Banking is Not Yet in the United States. But Banks and Credit Unions Better Start Planning for it Now
by Michael Lynch on October 3, 2019Open banking is currently mandated in the EU, via a European directive. The regulation behind open banking is the second Payment Services Directive (PSD2). Open…
How to Sensibly Manage Large Amounts of Money
by Richard Jones on September 30, 2019Whether it’s a large sum of money received from an inheritance, a compensation payment or money won on the lottery, there are many ways for…
VyStar Credit Union Acquires Citizens State Bank
by Judy Walz on September 3, 2019Jacksonville, Florida – VyStar Credit Union (VyStar) announced today that it has successfully acquired Citizens State Bank (CSB), a Florida state-chartered bank headquartered in Perry, Florida…
PSCU Helps Keep Credit Unions’ Cards Top of Wallet for Amazon Prime Day
by Glynn Frechette on July 25, 2019This year’s Amazon Prime Day resulted in the largest shopping event to date for the e-commerce giant with more than 175 million items sold in 48 hours,…
Slashing Costs with Robotic Process Automation
by Kent Zimmer on July 15, 2019What do you think of when you hear the word “robot?” Maybe it’s a gigantic mechanical arm that swoops down from the ceiling to tighten…
The Challenges and Opportunities of Peer-to-peer Lending
by Lin Grensing-Pophal on June 27, 2019As peer-to-peer lending grows in popularity and consumers increasingly have access to lenders outside of their local communities, what can community banks do to strengthen…
Is Vendor Management Holding Credit Unions Back?
by Jorge Ponce on June 19, 2019Technology is rapidly changing the way credit unions do business, with new solutions at every turn. However, sometimes finding these new solutions can be difficult.…
Security First FCU Names New President/CEO
by Tim O'Hara on June 18, 2019(EDINBURG, TEXAS) June 17, 2019 — Security First Federal Credit Union named Erasmo Ramos as its new president/CEO effective Monday, June 24. Credit Union Resources,…
The Amazing Power of Exceptional Leadership Systems
by Scott McClymonds on June 13, 2019Creating value for members and generating growth – these are the two cornerstones to every credit union’s success. Generating an environment that brings about both…