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 [...]
Trellance News Archives
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”, “[...]
The first Apple Pay contracts are up for renewal
It’s hard to believe that nearly three years has passed since Apple surprised the mobile payments world by stating that iPhone 6 users can make payments with the touch of a finger, beginning on [...]
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…
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?
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 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?
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?
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 [...]
Confessions of a #RealMillennial
I have a confession to make - I am a millennial. But I’ll let you in on a secret, I’m not that millennial. The one you read about in online articles. See, despite [...]
Back to school: Will your credit union card be top of wallet?
Back to school planning is in full swing in many parts of the U.S. Didn’t kids just get out of school? How can it be time to think about purchasing glue sticks, crayons, [...]
Mobile wallets: We’ve come a long way, baby
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, at least one publication [...]
Credit unions: Member business loans seeing substantial growth
In Callahan & Associates’ most recent credit union Trendwatch, record high loan originations was one of the highlights of the growth of credit unions’ portfolios, placing the total loan portfolio held by credit unions in [...]
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 [...]
What is sublimation and how do I avoid it?
When anything solid turns into a gas without first becoming liquid, that's sublimation, according to Wikipedia. When the surface layer of snow or ice turns into fog or steam without melting, this is an example [...]