- Hooked
HEADNOTE Bill payment and presentment services retain members. Electronic bill payment systems are finally poised for the big jump that's been predicted for so long. And as bill payment makes that dramatic leap, its more hesitant sibling, bill presentment, will be pulled along. Electronic bill payment has been available for ......
- Credit Unions: Greater Transparency Needed on Who Credit Unions Serve and on Senior Executive Compensation Arrangements.
GAO-07-29 November 30, 2006 Legislative and regulatory changes have blurred distinctions between credit unions and other depository institutions and raised questions about the tax-exempt status of credit unions. This report (1) assesses the effect of the Credit Union Membership Access Act on credit union membership and charters, (2) reviews the ......
- Getting around roadblocks
OPERATIONS There's a role for credit union billpayment services, but so far it has resembled the shrewd sacrifice bunt more than the bases-- clearing home run in many shops. Recent high-profile pricecutting has failed to disrupt the market for bill payment, which so far has failed to meet expectations at ......
- Numerica introduces new international cash service
Numerica Credit Union, of Spokane, has begun offering an international electronic funds transfer service it intends to feature to introduce Spokane's growing population of immigrants to its broader range of financial services. Dennis Cutter, president and CEO of Numerica, says the credit union's introduction of the wire transfer service, International ......
- UPPING THE ANTE
Someday we'll look back in wonder at all that effort we put into the weekly ritual of rounding up bills, writing checks and stopping by the post office. We'll remember mmmmt that when we wanted to check an account balance, we had to wait until business hours to call the ......
- The big squeeze
For the most part, credit unions can thank or curse (depending on your perspective) Bank of America and a few other large banks that are defining today's online bill-payment environment. If you're just tuning in, online bill-payment has become almost as much of a requirement for financial institutions to offer ......
- Start here
HEADNOTE Focus on these top 10 strategic technology initiatives. As the managing director of CUES Tech Port(TM), I talk with leading credit unions, vendors and industry experts about the changing landscape of financial technology. For the busy executive, I've compiled the Top 10 Strategic Technology Initiatives credit unions should include ......