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Market Intelligence:
AI
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Industry Data
  • Payments
    TruMark Financial CU Adds Serverside’s Card Customization

    TREVOSE, Penn. – TruMark Financial CU has launched “Customize My Card,” a card customization service powered by the technology of Serverside Group.

    August 30
  • Technology
    Rivermark Community CU Adds IMM’s FormSpeed Document Service

    PORTLAND, Ore. – Rivermark Community CU has selected Integrated Media Management’s FormSpeed document output management and automation technology.

    August 30
  • CUJ content
    Members Choice of Central Texas FCU Offers Financial Ed Program

    WACO, Texas – Members Choice of Central Texas FCU has signed with FamilyMint to provide its young members with financial literacy programs.

    August 30
  • Technology
    Fiserv Introduces New Mobile Payments Offering

    BROOKFIELD, Wis. – Fiserv on Tuesday introduced a new mobile payments suite designed to consolidate and replace two existing solutions.

    August 30
  • Technology
    Shazam Launches Mobile Pay By iPhone

    DES MOINES, Iowa – Shazam network has introduced a mobile payments platform, which allows merchants to accept mobile PIN- and signature-based transactions using an iPhone.

    August 30
  • Payments
    Purdue FCU Lets High Schools Design Their Own Debit Cards

    WEST LAFAYETTE, Ind. – Purdue FCU launched a new way for the community to show school spirit for their favorite high school with custom, student-designed debit cards for four area high schools.

    August 30
  • Corporate credit unions
    NCUA Expands Corporate Resolution Program

    ALEXANDRIA, Va. – The NCUA Board approved the hiring of five additional personnel to help manage the servicing and monitoring of its corporate credit union resolution program, which the credit union regulator says will take at least another 10 years to complete.

    August 30
  • Corporate credit unions
    WesCorp Figure Points Finger At NCUA For Demise Of Corporate Giant

    LOS ANGELES – The former chief financial officer of WesCorp FCU, being sued by NCUA for his role in the failure of the one-time $34 billion corporate credit union, has filed a counterclaim against the credit union regulator seeking more than $100,000 in legal fees he has incurred since the onset of the legal battle.

    August 30
  • CUJ content
    Robbers’ Getaway Thwarted By Rush Hour Traffic

    MADISON, Wis. – A pile of stolen credit union cash, a ski mask and a handgun were recovered Monday after two men who allegedly robbed a Summit CU branch were chased down on foot after their getaway car was stuck in rush hour traffic.

    August 30
  • CUJ content
    S1 Takeover Battle Turns Hostile

    ATLANTA – ACI Worldwide said this afternoon it is going hostile with its offer to acquire S1 Corp., after the provider of back office services for credit unions and banks fended off ACI’s latest takeover offer.

    August 30
  • CUJ content
    CUNA Mutual Launches Online Retirement Planning Platform

    MADISON, Wis. – CUNA Mutual Group announced this morning the availability of a new online retirement guidance platform that takes the guess work out of managing individuals’ retirement goals.

    August 30
  • CUJ content
    Star USA Exec Convicted Of HELOC Fraud

    CHARLESTON, W.Va. – The former vice president of operations at Star USA FCU on Monday pleaded guilty to using false information to obtain $80,000 in loans from the credit union.

    August 29
  • CUJ content
    Small Ohio Faith-Based CU Gets Big FOM Expansion

    TOLEDO, Ohio – NCUA said it has approved a request by Parish FCU to serve an estimated 325,000 members, students and employees of the Catholic Diocese of Toledo.

    August 29
  • Branch network
    NHL Star Opens Crescent CU Branch

    BROCKTON, Mass. – Boston Bruins Stanley Cup-winning defenseman Dennis Seidenberg is scheduled to appear at the grand opening of Crescent CU’s newest branch here Sept. 10.

    August 29
  • CUJ content
    Michigan Schools & Government CU Offers $25,000 In Grants

    CLINTON TOWNSHIP, Mich. – Michigan Schools and Government CU plans to award more than $25,000 in small classroom grants to schools in Macomb and Oakland counties this year.

    August 29
  • Technology
    Nassau Financial FCU Deploys mFoundry’s Mobile Banking Solution

    WESTBURY N.Y. – Nassau Financial FCU has launched Mobile-24, a new mobile banking service powered by mFoundry’s mBanking mobile banking solution.

    August 29
  • CUJ content
    CUs Assess Storm Damage

    NEW YORK – Credit unions across the East Coast and Northeast are reporting shuttered branches and power outages as the result of Hurricane Irene, with many still struggling to assess damage to both their own operations and those of members.

    August 29
  • CUJ content
    Prison Sentence Fashioned For Pregnant CU Embezzler

    MOBILE, Ala. – A federal judge last week fashioned a sentenced for a former branch specialist for America’s First FCU, convicted of stealing $135,000 from the credit union, which allows the newly pregnant woman to avoid having her baby in jail while still forcing her to serve time behind bars.

    August 29
  • Growth strategies
    Self-Help Pilots Micro Branch

    OAKLAND, Calif. – The Center for Community Self-Help, which operates two of the nation’s leading community development credit unions, has partnered with CitiCorp to introduce Self-Help’s Micro Branch – a check-casher/credit union hybrid model designed to provide responsible financial products and services for unbanked Californians.

    August 29
  • CUJ content
    NCUA Plans No NCUSIF Premium

    ALEXANDRIA, Va. – Even as they were approving a $2 billion corporate assessment yesterday – the biggest charge in NCUA history – NCUA officials had some good news in that there are no plans to charge a premium this year on the National CU Share Insurance Fund.

    August 29
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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