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News
Chime to Acquire Bank Partner Stride In $590M Deal
3+ day, 8+ hour ago (219+ words) cutoday.info SAN FRANCISCOâÂÂChime has agreed to acquire longtime bank partner Stride Bank for $590 million in cash, a deal that would give the financial technology company its own nationally chartered bank, PYMNTS reported According to PYMNTS, the transaction…...
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…...
21 Financial Giants Plan Joint Dollar Stablecoin
1+ week, 3+ day ago (239+ words) CU Today NEW YORK--A group of 21 global financial institutions, including Bank of America, Citi, Goldman Sachs and Wells Fargo, plans to form a company later this year to issue a U.S dollar-denominated stablecoin, reports indicate, marking a major push…...
Credit Unions Have Just 5% Of Business Banking Market. Cornerstone Says Here???s How To Change That
2+ week, 4+ day ago (637+ words) SCOTTSDALE, Ariz.—Credit unions have spent years searching for new sources of growth, yet one of the biggest may already be sitting in their branches and membership databases: business owners whose commercial banking relationships are somewhere else. Just 5% of U.S....
AI Isn't Killing The Bank Mainframe, Tech Executives Say
2+ week, 5+ day ago (174+ words) STAMFORD, Conn.—Despite the rapid adoption of artificial intelligence and cloud computing, bank technology executives aren't preparing to pull the plug on their mainframes, according to new research from Crisil Coalition Greenwich. Nearly three-quarters of bank CIOs, CTOs and other…...
DCUC Names John Alexander Deputy Chief Advocacy Officer
2+ week, 5+ day ago (244+ words) WASHINGTON-- John Alexander has been named deputy chief advocacy officer at the Defense Credit Union Council, the trade group announced Monday. Alexander will strengthen DCUC’s advocacy efforts and advance its representation as the national voice for defense credit unions across…...
SMBs Want Digital Business Cards???But Don???t Take Away The Human Help
2+ week, 6+ day ago (250+ words) SMBs Want Digital Business Cards—But Don’t Take Away The Human Help CUToday NEW YORK--Small business owners increasingly want digital tools from business credit card issuers, but many still expect access to a person when they need assistance, according…...
SMBs Want Digital Business CardsâBut Donât Take Away The Human Help / Fresh Today / CUToday.info - CU Today
2+ week, 6+ day ago (250+ words) SMBs Want Digital Business Cards—But Don’t Take Away The Human Help CUToday NEW YORK--Small business owners increasingly want digital tools from business credit card issuers, but many still expect access to a person when they need assistance, according…...
Velera Releases New Playbook To Help Credit Unions Manage Consumer-Engaged Fraud
3+ week, 1+ day ago (310+ words) CUToday TAMPA--Velera Thursday announced the release of its Consumer-Engaged Fraud Case Management Playbook.Designed to help credit unions navigate complex consumer-engaged fraud cases, the resource provides a practical framework for investigating claims, making informed filing decisions and reducing chargeback…...