Deposits Without The Envelope: Embracing Deposit Automation

Posted by Karl Kaluza on November 30, 2017 at 5:37 PM

 

The usage of ATMs has steadily been increasing over the past decade and is predicted to remain a core service for financial institutions in the years to come. When your members use your credit union’s ATM products, they expect a convenient, easy to use process not only when it comes to withdrawing money, but also depositing money.

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Topics: Deposit, Automation

6 Uses for Prepaid Cards

Posted by Karl Kaluza on November 22, 2017 at 2:59 PM

 

Prepaid cards are continuing to gain popularity in the United States as people discover their numerous benefits. As a credit union, you can offer this product to your members and promote usage by highlighting these six key benefits.

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Topics: Prepaid, Visa Prepaid

Transferring Funds Person 2 Person Without the Hassle

Posted by Karl Kaluza on November 15, 2017 at 2:08 PM

 

The number of Person 2 Person (P2P) users is expected to rise to about 120 million by the year 2020. Companies like Venmo, Paypal, and Square Cash all offer your members the product they are looking for – the ability to pay anyone through their phone or email. Instead of missing out on these transactions, why not offer your members the ability to pay anyone, at any time through their trusted credit union?

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Topics: P2P, Transfer Funds

Check use is Decreasing but Remains a Staple for Payments in America

Posted by Cyndie Martini on November 9, 2017 at 12:24 PM

In today's world, owing a friend some cash isn't a big deal. There's Venmo, PayPal and peer-to-peer payment capabilities with mobile banking apps to help pay the debt.

 

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Topics: Payments

Money of the Future: Embracing Digital Payments

Posted by Karl Kaluza on November 7, 2017 at 2:36 PM

 

At the end of 2017, the number of smartphone users is estimated to reach 224.3 million in the United States alone (Statista). As more and more people embrace mobile, the number of digital payments is increasing making it essential for your credit union to offer this payment option to your members.

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Topics: e-payments

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