Trellance News Archives

It’s the holiday season!

It’s the holiday season!

Back to School is over, Fall and pumpkin spice are in the air, and your members are already thinking about holiday purchases, and it’s only the end of September.  If you have a co-worker [...]

What is credit unioning?

What is credit unioning?

The Office of the Superintendent of Financial Institutions (the OSFI is the Canadian equivalent of the US Office of the Comptroller of Currency) has issued a restriction – that any non-banks must remove the terms “bank”, “[...]

Mobile wallets: We’ve come a long way baby

Mobile wallets: We’ve come a long way baby

No, really, we have! The dream of leaving your leather wallet at home and using other form factors for payments, primarily smartphones, has been the dream of analysts and prognosticators for many years. Every year, [...]

When you come to a fork…

When you come to a fork…

Bitcoin was once viewed as a promising alternative to the US dollar and other fiat currencies that are controlled by federal governments or national banks. Bitcoin was appealing and newsworthy because it offers near real-time [...]

PIN on glass is not yet acceptable for debit payments?

PIN on glass is not yet acceptable for debit payments?

Entering a PIN on a physical pad of numbered buttons has just surpassed being a 50-year old technology, created with the first ATMs. The current security requirements around PIN management and transmission, ISO 9564, dates [...]

The dark web has a silver lining

The dark web has a silver lining

The dark web has been in existence since the 1990’s but has become a household word lately through ads from identity protection companies that offer to monitor the dark web. The ads warn a [...]

Credit unions: Is it time to decline fallback?

Credit unions: Is it time to decline fallback?

Fallback occurs when a credit or debit EMV chip card cannot be read at a chip terminal when inserted and is processed by swiping the mag stripe. Fallback is typically seen in a market where [...]

Thought Leadership: First National Bank of Apple?

Thought Leadership: First National Bank of Apple?

There’s been lots of hype claiming that Zelle, the recently launched P2P service by several major banks and credit unions, is the “Venmo killer”, alluding to the fact that financial institutions are staving off [...]

Data analytics: Are taxicabs the new Polaroid?

Data analytics: Are taxicabs the new Polaroid?

Polaroid is a MBA business school classic case study of a company whose management was blindsided by innovation, even when indicators were present, but ignored. Polaroid’s peak employment was 21,000, and by the [...]