credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

Credit Unions Capitalize on Consumer Trust to Boost Growth
Credit Unions Capitalize on Consumer Trust to Boost Growth
April 17, 2025  |  Credit Unions

For all financial institutions — and especially for credit unions — primary accounts are critical for the growth of the business. Primary accounts are the...

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Trump Fires 2 Board Members of National Credit Union Administration
Trump Fires 2 Board Members of National Credit Union Administration
April 16, 2025  |  Credit Unions

President Donald Trump fired two Democratic board members of the National Credit Union Administration (NCUA), leaving the board that traditionally has three members with just...

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GenAI Fuels New Wave of Sophisticated Financial Fraud
GenAI Fuels New Wave of Sophisticated Financial Fraud
April 16, 2025  |  Fraud Prevention

Fraud is getting more sophisticated, thanks to artificial intelligence (AI). Fraud can be perpetrated in the form of deepfake videos or voice, with AI producing...

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Juniper Adds Embedded AI-Driven Fraud Prevention Engine to Payments Hub
Juniper Adds Embedded AI-Driven Fraud Prevention Engine to Payments Hub
April 16, 2025  |  Security & Fraud

Juniper Payments, a Velera company, added an embedded artificial intelligence-driven fraud prevention engine to its Payments Hub platform for banks and credit unions. The enhancement...

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Velera Introduces Tiered Fraud Service Model for Credit Unions
Velera Introduces Tiered Fraud Service Model for Credit Unions
April 15, 2025  |  Credit Unions

Velera has introduced a tiered fraud service model approach that allows credit unions to select a tailored offering that meets their risk mitigation needs. The...

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InvestiFi President: Credit Unions Must Offer Digital Investing to Retain Gen Z
InvestiFi President: Credit Unions Must Offer Digital Investing to Retain Gen Z
April 15, 2025  |  Credit Unions

Banks, especially small banks such as credit unions and community banks, risk losing account holders to investing platforms. The checking and savings accounts housed in...

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Velera Teams Up With Zelle to Drive Faster Payments for Smaller Credit Unions
Velera Teams Up With Zelle to Drive Faster Payments for Smaller Credit Unions
April 14, 2025  |  Partnerships

Velera and Early Warning Services, the company behind Zelle, are partnering to broaden real-time payment offerings for small financial institutions. The agreement is designed to...

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Credit Unions Convert 64% of Members to Primary Accounts
Credit Unions Convert 64% of Members to Primary Accounts
April 11, 2025  |  Credit Unions

Once perceived as technologically trailing larger financial institutions, credit unions are embracing digital innovation, positioning themselves for growth and engagement with a digitally native consumer...

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Credit Unions Prove Spending Control Drives Top-of-Wallet Success
Credit Unions Prove Spending Control Drives Top-of-Wallet Success
April 08, 2025  |  Credit Unions

Credit unions (CUs) are proving their competitive strength in the evolving financial landscape, particularly in rural areas and among Gen Z consumers. With a remarkable...

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