Virtual or Plastic? It’s a choice that soon all credit unions and card issuers will be asking as the virtual card market continues to grow to a predicted threefold increase by 2025 (PYMNTS.com). [...]
Account takeover (ATO) fraud is a common type of identity theft. Fraudsters gain access to victims’ accounts, and make non-monetary changes that include modifying personally identifiable information (PII), requesting a new card or adding an [...]
The holiday season is synonymous with spending. Those of us with the best budgeting intentions can quickly get into the red as we gather the last-minute essentials and tiniest of stocking stuffers. It all adds [...]
As the busy holiday season approaches, flexibility is a required skill for all of us. We tend to appreciate businesses and financial institutions that can be flexible alongside us and make life easier by meeting [...]
A recent study by Juniper Research showed online payment fraud is expected to produce a $200 billion loss between 2020 and 2024. This includes digital banking services. To address digital payment fraud, many e-retailers and [...]
Leading up to 2020, the shift toward digital-first consumer behavior was picking up steam. Activities like shopping, gambling, and dating had become widely accessible online. When the pandemic hit, those consumers who had yet to [...]
As the economy opens back up, credit card spending is beginning to reach pre-pandemic levels. Now is a good time to re-evaluate the strength of your own credit program. Since 42% of cardholders use their [...]
While travel has been challenging over the last year, people have adapted by finding new ways to explore the world beyond their front door. Americans are looking forward to fewer restrictions in the summer of [...]
Last summer we experienced a priority shift that led many of our credit union members to a simple realization: they don’t have to go too far to have fun in the summer. Life in [...]
We can liken the events of 2020 to a toddler or teenager’s tantrums. Like a widely dramatic mood swing, day to day we never knew what would come next. It taught us how to [...]
It’s widely recognized in the payments industry that attempted fraud incidences increase during times of crisis, and the coronavirus pandemic is the latest example of this. We’ve seen a year over year increase [...]
With the new year and tax season just beginning, your members are likely thinking of ways to develop their financial health so they can meet their goals. Our partner GreenPath Financial Wellness shares that the [...]
Increase member satisfaction and generate ROA with a well-rounded portfolio. When credit union members are the first priority, designing a robust portfolio that meets their needs is of utmost importance. The essentials to member satisfaction, [...]
We’ve all heard about it, most of us have done it. Purchasing items online that before 2020 we would have just run to the store to pick up is a new American habit that [...]
Take a stressful year, add some holiday pressure, and what do you get? A cry for help! Fortunately, there are some simple steps that can help make the holiday season less stressful for you and [...]
