The National Disability Institute reports a significant contrast in digital banking usage between households with and without disabilities. Less than half of households with disabilities access their accounts online, with a mere 29% utilizing digital [...]
In the aftermath of a mega-merger announcement that rocked the credit union world, industry insiders are weighing in on what it could mean not only for the involved companies but for the industry at large. [...]
The landscape of credit union chartering has evolved, and one charter type stands out for its performance, growth potential, and strategic advantages: the Multiple Common Bond (MCB) charter. While community charters have traditionally been favored [...]
It is not just whole banks that are being acquired by credit unions this year – a number of branch deals have been announced too. The latest: Rainbow City, Alabama-based Family Savings Credit Union said it [...]
HAPO Community Credit Union plans to acquire $632 million-asset Community First Bank in Kennewick, Washington. Financial terms of the deal were not disclosed in a press release Tuesday. The deal is the 18th announced this [...]
Navy Federal Credit Union is joining the Mortgage Bankers Association and a dozen other stakeholders to form the CONVERGENCE Collaborative to help close the racial homeownership gap. The $178 billion-asset Navy Federal, the largest credit [...]
And there it is. The most credit union-buying-bank deals ever announced in a year was 16 in 2022. Until today. The $3.3 billion-asset OneAZ Credit Union in Phoenix said it will acquire $600 million-asset [...]
Tyfone, a leader in digital banking solutions, announces the formation of Payfinia Inc., a separate entity dedicated to providing innovative solutions that redefine instant payments. This new venture leverages Tyfone’s expertise in digital banking [...]
Digital banking solutions provider Tyfone today announced it has partnered with FinGoal to enable financial institutions (FIs) to deliver personalized products and resources to account holders. FinGoal’s Insight Platform turns transaction data into highly [...]
Digital banking provider Tyfone today announced Diamond Credit Union (Diamond) has selected its nFinia® Digital Banking platform for commercial and retail account holders. Diamond selected the platform for its configurability and ability to meet the [...]
Digital banking provider Tyfone today announced that OUCU Financial Credit Union (OUCU Financial) in Athens, Ohio, is the first Cubus One Digital Banking customer converting to Tyfone’s nFinia® Digital Banking Solutions. Tyfone and Cubus [...]
Tyfone, a digital banking provider, today announced it has been named one of American Banker’s 2024 Best Places to Work in Financial Technology. Tyfone was recognized for its dynamic work environment and team of [...]
Tyfone, the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced its long-time customer, Pioneer Federal Credit Union (Pioneer, $746 million in assets and 50,000 [...]
Tyfone, the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced the appointment of Tom Shen, Santo Cannone and Laurent Desmangles to its Board of Directors. [...]
