CO-OP Financial Services News Archives

Three new ATM upgrades to help you deliver on digital

Three new ATM upgrades to help you deliver on digital

ATMs remain an important, fundamental service to members, and the experience you provide there can make or break your brand in their eyes. In fact, according to ATM Marketplace, nearly a third of U.S. [...]

Open banking is coming and may change fintech forever

Open banking is coming and may change fintech forever

By all indicators, the future of banking is wide open. The combination of mobile, open application programming interfaces (APIs) and the rise of machine learning are contributing to a growing phenomenon known as “Open Banking.” [...]

The wearable payments revolution is here

The wearable payments revolution is here

Today’s consumers increasingly expect the brands they do business with to offer a seamless experience across channels, and that extends to payments. To accelerate the integration of payments with Internet of Things devices, such [...]

Calling all future credit union leaders: Crash THINK 18!

Calling all future credit union leaders: Crash THINK 18!

For the first time ever, THINK 18 will feature a THINK Crashers program, bringing together rising stars in the credit union industry and connecting them with credit union leaders. Young credit union professionals, ages 35 [...]

Is data the answer to fighting fraud in today’s world?

Is data the answer to fighting fraud in today’s world?

Amidst the massive explosion of consumer, payments and transaction data, the question remains: how are we going to safeguard this stuff? According to the Nilson Report, credit card transactions rose 28 percent, debit card transactions [...]

3 cryptocurrency trends credit unions should know

3 cryptocurrency trends credit unions should know

2017 might be remembered as the year cryptocurrency went mainstream. The price of Bitcoin fluctuated wildly from over $17,000 down to below $10,000, several financial institutions and tech giants announced new blockchain initiatives, [...]

What credit unions need to know about biometric payment cards

What credit unions need to know about biometric payment cards

U.S. credit unions continue to be on the forefront of payments evolution. In January, Visa announced it would begin testing a fingerprint-enabled credit card in the United States with Utah-based Mountain America Credit Union. [...]

Transformation and Growth: CO-OP shared branch enters a new era

Transformation and Growth: CO-OP shared branch enters a new era

Shared branching began with an undeniable idea: Individually, credit unions couldn’t provide competitive branch networks. But together, they could. Back in the 1970s and 80s, when shared branching took root, locations were everything – and [...]

Too soon to trust blockchain?

Too soon to trust blockchain?

This week we consider two sides of the same Bitcoin. On the one hand, blockchain technology has the potential to offer a whole new means of building trust with members. Its innate transparency makes it [...]

New Co-Creation Councils reveal the true power of partnerships

New Co-Creation Councils reveal the true power of partnerships

From the world’s first ATMs, debit cards and online banking systems to our ever-expanding shared branch network, credit unions have brought to market some of fintech’s most impactful innovations. So, what is it [...]

Making digital click with legacy channels

Making digital click with legacy channels

Engaging consumers wherever and whenever they want means engaging across multiple channels, including a full complement of digital and physical options. Realizing this potential isn’t easy. “Consumers want to transact in a multitude of [...]

Free checking once table stakes, now major differentiator

Free checking once table stakes, now major differentiator

This week, Bank of America announced it’s doing away with free checking for customers who don’t (or can’t) maintain a daily balance of at least $1,500 or sign up for direct [...]