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News
How A $130M CU Built An???AI Back Office??????And What It???s Doing With It
3+ day, 7+ hour ago (448+ words) How A $130M CU Built An ‘AI Back Office’—And What It’s Doing With It CUToday...
Trust Tops Price In Choosing Wealth Management Firms
5+ day, 16+ hour ago (290+ words) CU Today CHICAGO--Trust and reputation matter significantly more than price when consumers choose a wealth management provider, according to new TransUnion research that also finds fraud concerns are increasingly influencing how investors evaluate financial firms In a survey of…...
Agentic AI Could Force FIs To Rethink KYC, GlobalData Says
5+ day, 16+ hour ago (358+ words) CU Today LONDONâÂÂThe growing use of autonomous AI agents in financial services could force banks to rethink traditional Know Your Customer requirements as consumers increasingly allow technology to make payments, move money and manage accounts on their behalf,…...
Northwest FCU Partners With InvestiFi To Add Digital Investing
1+ week, 3+ day ago (299+ words) CU Today HERNDON, Va.âÂÂNorthwest Federal Credit Union has partnered with InvestiFi to offer investing services directly through its online and mobile banking platforms to more than 280,000 members nationwide.Members will be able to use self-directed securities investing…...
Subscription Banking Gains Traction, But Will Credit Unions Buy In?
1+ week, 3+ day ago (618+ words) DALLAS— As banks and fintechs race to turn financial services into subscription businesses, promising everything from premium checking and insurance discounts to travel perks and buy-now-pay-later benefits for a monthly fee, Brian Scott sees a fundamental question many institutions have…...
Credit Union Priorities Face Tight Window As Congress Returns
1+ week, 5+ day ago (533+ words) CU Today...
Fraud Prevention Is Becoming A Growth Strategy As Card Issuers Prepare For AI Commerce
1+ week, 5+ day ago (271+ words) NEW YORK--Fraud prevention is undergoing a fundamental shift at U.S. card issuers: What was traditionally viewed as a cost center is increasingly being treated as a way to keep cardholders, build trust and ultimately generate more revenue from those relationships....
FSB Warns Frontier AI Could Magnify Cyber Risks Across Financial System
1+ week, 5+ day ago (200+ words) CU Today BASEL, SwitzerlandâÂÂFrontier artificial intelligence could dramatically increase the speed, scale and affordability of cyberattacks, potentially undermining confidence across the global financial system, Financial Stability Board Chair Andrew Bailey warned G20 finance ministers and central bank governors Andrew…...
America???s Credit Unions Maps State-By-State AI Requirements
1+ week, 5+ day ago (129+ words) America’s Credit Unions Maps State-By-State AI Requirements CU Today WASHINGTON--A high-level overview of state-level artificial intelligence legislation that may impact credit unions is now available from AmericaâÂÂs Credit Unions, the trade group announced The new resource contains…...
Instant Payments Surge, But Smaller Credit Unions Are Falling Behind
1+ week, 6+ day ago (197+ words) NEW YORK--Financial institutions are rapidly embracing instant business-to-business payments, but smaller banks and credit unions are significantly behind their largest competitors, according to new research from PYMNTS Intelligence and The Clearing House. Just 58% of institutions with less than $5 billion…...