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 [...]
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 [...]
Envisant, a leading credit union service provider, has acquired Recovery Management Group (RMG), a credit union specific third party asset recovery service. The addition of RMG to Envisant charts a course for continued commitment to [...]
CUSOs unite under a common purpose to help credit unions. Envisant, a subsidiary of the Illinois Credit Union League, has invested in fellow CUSO, Pure IT. This capital investment allows an expansion of Pure IT’[...]
Envisant (formerly LSC) has teamed up with Filene Research Institute to support the Center of Excellence for Innovation and Incubation. As the only league service corporation to sponsor this initiative, Envisant is honored to help [...]
Illinois Credit Union League Service Corporation (recently rebranded to Envisant) in Naperville, IL pledged an additional $50,000 to the CU Awareness Program in Illinois, topping Envisant’s total support of the initiative at $600,[...]
LSC has joined with United Way to help benefit families impacted by Hurricane Ida. The LSC team first sprang into action over Labor Day weekend to coordinate the processing and delivery of United Way funded [...]
Cambio, the mobile banking and financial recovery app, today unveiled its plans to lift the 90 million marginalized Americans who are ineligible for accounts, loans, or other basic financial services. Cambio offers a simple and [...]
The Illinois Credit Union System (ICUS) has successfully concluded its first CU Kind® initiative of 2021 culminating in donations totaling $2,800 to seven local charity organizations. “Kids Who Care” is a new CU Kind® [...]
