For over a decade, low Fed and prime rates have meant credit unions could maintain fixed loan rates without much squeeze on profit margins. Now, as these rates continue to rise, credit unions might consider [...]
Career advancement has a ripple effect that can impact women’s quality of life. This advancement empowers financial independence, helps support work-life balance and fosters personal development. For credit unions, ensuring all employees receive the [...]
Americans are still feeling the impact of higher prices and greater interest rate debt from bank credit cards. Debit cards can help members take more control of their budget goals to overcome rising debt.
Despite advances in protections, card skimming continues to rise in the U.S. Thirty cities recorded skimmer theft around the end of 2022 according to Fox News. Skimming tactics are becoming increasingly sophisticated, and deep [...]
While the inflation rate declined in 2022 from 9.1% in June to 6.5% in December, it still remains more than triple the Fed’s goal of 2% (Trading Economics). Many Americans are still [...]
Holiday trends in 2022 favor in-person experiences and budget-conscious gifting as people search for solutions to help them navigate fraud concerns, limited budgets, and travel complications. Prepaid cards, with their flexibility and varied uses, can [...]
In 2021, the most frequently reported cases of fraud to the FTC involved imposter scams. Imposters are everywhere and difficult to spot, especially when they enter the digital space. What imposter tactics are these scammers [...]
The speedy recovery of the debit market early in the pandemic is gaining strength. It continues to grow worldwide as the amount spent with debit has exceeded credit (2021 Debit Issuer Study). What’s fueling [...]
Credit card rewards have become a necessity in today’s competitive environment. Although faced with the same commodity as hundreds of other financial institutions, credit unions already have a unique position in the industry that [...]
Even with our current global challenges, consumers are still ramping up their travel plans. Expedia is calling 2022 the year of the GOAT, or the “Greatest of All Trips.” This is an opportunity for credit [...]
Consumer reports of fraud losses to the FTC increased by 70% from 2020 to 2021 (FTC). Technology is the power behind many of these fraud attacks. According to a survey by ID Insight and About-Fraud, [...]
A credit union’s role to nurture member’s financial well-being is of the utmost importance in recent years. Providing products and services that meet all member needs, creating opportunities for financial education, keeping rates [...]
While gift cards remain one of the most popular gifts to share for holidays and other special occasions, the latest trends surrounding gift cards go beyond this original use. The most recent trends focus on [...]
Like bacon and eggs or mac and cheese, credit cards and rewards have become an inseparable pairing in people’s minds. According to a survey by The Ascent, a good rewards program is one of [...]
Convenience and flexibility are essential for consumers in a post-pandemic, heavily e-commerce shopping experience. Buy now, pay later (BNPL) is a trending payment method that offers consumers exactly that – flexible, payment options. BNPL’s services [...]
