Evolving at the speed of Apple?

by: Bill Prichard

Credit unions may have accelerated their evolution rate in recent years, but since Apple’s announcement last month that a new payment system called Apple Pay is on its way, the speed demands on credit unions have been unprecedented. In order to help credit unions meet those demands, CO-OP has been working to provide information and pave the way for participation. As education and opportunities continue to develop, CO-OP has launched an online Tokenization Resource Center and is hosting a second webinar on November 18 to keep credit unions up to speed.

“CO-OP is working with business partners and clients to make sure credit unions have the technical and marketing education they need to take advantage of the new Apple wallet,” says CO-OP President/CEO Stan Hollen. “This has included not only helping credit unions understand the Apple Pay opportunity, but providing the assistance needed to actually become enrolled as participants.”

CO-OP’s first webinar on tokenization and Apple Pay – which ran in two sessions on September 24 – drew a record audience of 1,100 participants. The follow-up webinar, “Innovations in Payments,” in payments will take place on Tuesday, November 18, at 1 p.m. Eastern/10 a.m. Pacific. Caroline Willard, Executive Vice President, Markets and Strategy, and Michelle Thornton, Manager, Core Products, for CO-OP will reprise their roles as presenters.

In the meantime, CO-OP’s Tokenization Resource Center keeps credit unions up to date with breaking news as well as Frequently Asked Questions, a recording and slides from the September 24 webinar, tokenization-related blog posts and more. Have a question? The site also includes an “Ask the Expert” feature that enables visitors to submit questions for CO-OP’s team of experts.

Credit unions may have accelerated their evolution rate in recent years, but since Apple’s announcement last month that a new payment system called Apple Pay is on its way, the speed demands on credit unions have been unprecedented. In order to help credit unions meet those demands, CO-OP has been working to provide information and pave the way for participation. As education and opportunities continue to develop, CO-OP has launched an online Tokenization Resource Center and is hosting a second webinar on November 18 to keep credit unions up to speed.

“CO-OP is working with business partners and clients to make sure credit unions have the technical and marketing education they need to take advantage of the new Apple wallet,” says CO-OP President/CEO Stan Hollen. “This has included not only helping credit unions understand the Apple Pay opportunity, but providing the assistance needed to actually become enrolled as participants.”

CO-OP’s first webinar on tokenization and Apple Pay – which ran in two sessions on September 24 – drew a record audience of 1,100 participants. The follow-up webinar, “Innovations in Payments,” in payments will take place on Tuesday, November 18, at 1 p.m. Eastern/10 a.m. Pacific. Caroline Willard, Executive Vice President, Markets and Strategy, and Michelle Thornton, Manager, Core Products, for CO-OP will reprise their roles as presenters.

In the meantime, CO-OP’s Tokenization Resource Center keeps credit unions up to date with breaking news as well as Frequently Asked Questions, a recording and slides from the September 24 webinar, tokenization-related blog posts and more. Have a question? The site also includes an “Ask the Expert” feature that enables visitors to submit questions for CO-OP’s team of experts.

– See more at: http://co-opinsightvault.com/2014/10/evolving-at-the-speed-of-apple/#sthash.Eu7YfINv.dpuf

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