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Rising Inflation Impacting Non-Prime Borrowers Most, Though Many Consumers Proving to be Resilient under Challenging Circumstances

New TransUnion study explores consumer resiliency amid rising inflation Chicago, May 4, 2022 – As rapidly rising gasoline, energy and utility prices, among other factors, drive...

Klarna reporting transactions is a big blow to banks as it competes with credit cards, says GlobalData

Following the news that Klarna will now begin reporting transactions; Jaimini Pattani, Banking Analyst at GlobalData, a leading data and analytics company, offers her view: “For...

Messagepoint Ranks as a Leader in Customer Communications Management Technology Report

TORONTO, April 25, 2022 – Messagepoint has been named a 2022 SPARK Matrix™ Customer Communications Management (CCM) Technology Leader by global research and consulting firm, Quadrant Knowledge Solutions....

The Best Time to Recover Charge Offs May Be Long After You’ve Stopped Trying

From the Great Recession of 2008 through the last two years of the COVID-19 pandemic, millions of America’s credit union members have experienced a...

CO-OP Financial Services Rebrands as Co-op Solutions

New Identity Reflects the Co-op of Today – The Cooperative Partner for Credit Unions Driving Solutions for Their Growth and Prosperity; Co-op Built to “Make Every...

NCUA Cyber Alert: Increased Likelihood of Imminent Cyberattacks on Financial Institutions

NCUA issued the following cybersecurity alert on February 24, 2022: Current Geopolitical Events Increase Likelihood of Imminent Cyberattacks on Financial Institutions Financial Institutions, Large and...

Post-Pandemic Loss Recovery: What Every Credit Union Must Know– A 3 Part Series

PART III – 5 Revesting Strategies to Benefit Credit Unions and Members Part I of this series,“Managing Consumer Financial Vulnerability” focused on the vulnerability of...