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MOUNTAIN VIEW, Calif. First Tech CU, the credit union for Microsoft Corp., said this afternoon it has introduced a new Windows Phone mobile banking application, the first credit union in the U.S. to introduce a native Windows Phone mobile banking app complete with integrated mobile deposit and bill pay functionality.
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NEW YORK Independent ATM operators called on a federal court here Friday to reject final approval of the landmark antitrust settlement between Visa and MasterCard and millions of merchants because the deal lumps them in with the merchants class of plaintiffs and could bar them from pursuing other claims in the future against the credit card networks.
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Free checking continues to be more prevalent at credit unions than at banks.
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After heavy losses in 2009 and 2010, Pioneer West Virginia FCU's $1-million net income in 2011 seemed so incredible that it drew some pointed questions from NCUA examiners-and has prompted many credit union CEOs to ask, "how'd they do that?"
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Veteran credit union executive John Tippets took a credit union that some said was "toast" and made it the toast of the town, and at CU Journal's Grow Show, Tippets will outline exactly how he did it.
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Brandon Michaels, president and CEO of $476-million Mazuma Credit Union, believes if an organization does not get culture right, "nothing else matters."
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When $476-million Mazuma CU had nine positions to fill, it wanted to let potential applicants know exactly what they were getting into-as it does not regard itself as having the "typical banking environment."
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Many CUs are using social media as a tool to be involved in members' online discussions about finances, but one person says that approach is all wrong.
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The next big thing credit unions needs to be ready for in mobile banking will be integrating the mobile channel with social media.
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Interaction between mobile banking and social media is still in its infancy, but that doesn't mean consumers don't still want a Facebook-like experience when it comes to mobile banking.
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With mobile remote deposit capture, bill pay, P2P transfers and more gaining widespread acceptance, is mobile banking mature? Or does the mobile channel still have a few tricks up its sleeve?
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If your credit union is still taking a wait-and-see approach to mobile banking, you are in danger of missing the boat if you don't act quickly.
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United FCU, Fort Smith, Ark., announced that its VP of member relations for Arkansas, Noel Sanger, has been selected to serve a two-year term as a Young Leaders for Kids board member.
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BOSTON-The most prolific cards hacker in history has asked a federal appeals court to invalidate a plea agreement that sent him to prison for 20 years and vacate his sentence, even though he agreed not to appeal as part of the deal.
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Shastic, the vendor behind Facebook-based loan calculator Calcubot, said it expanded its client base by 66% during Q1 2013, with 11 more FIs adding Calcubot.
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A new survey has found one-fifth of small business owners or executives have become a fan, friend, or follower of a financial institution their company uses on any of the social networks they visit.
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Considering taking a deeper dive in social media? Take a look at your website first, says one analyst.
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A common social media mistake credit unions make is focusing too much on the technology and too little on delivering a message that is relevant to its intended audience.
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VyStar CU here believes it is the first credit union in the country to offer its members SocialScout, an online tool which allows parents to monitor their children's' online activity, including social media sites.
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