Total Number of Contactless Payment Users to Leap Over Next 2 Years, Research Suggests 11/29/2022 07:30 pm BASINGSTOKE, U.K.- The total number of unique contactless mobile payment users will reach one-billion globally by 2024, up from 782 million in 2022, a growth of 60%, according to a new study from Juniper Research.
Trellance Partnering with DQLabs to Use AI to Centralize Data Quality Efforts, Eliminate Silos 11/29/2022 07:28 pm TAMPA, Fla.–– Trellance is reporting that a partnership between itself and modern data quality platform provider DQLabs is opening the door for more credit unions to “access AI-enhanced solutions to observe, measure, and discover the data and analytics that matter.”
Ten More Credit Unions Select Backoffice Solutions from Aux 11/29/2022 07:30 pm LAKEWOOD, Colo.—Aux, a CUSO that provides a variety of backoffice services to credit unions, is reporting it added 10 new CU clients during the third quarter.
The Challenge for CUs? Number of Challenger Banks Continues to Grow 11/29/2022 07:31 pm LONDON–Just adding to the competition credit unions face, more than 40 new challenger banks emerged in the last year globally despite an economic slowdown, according to a new analysis.
Team from Princeton Wins College Fed Challenge 11/29/2022 07:29 pm WASHINGTON–Princeton University has won the 19th annual national College Fed Challenge, a team competition that encourages undergraduate students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System.
What Are Americans Looking for This Year Under the Tree? Something You’ll Find Pretty Easy to Wrap 11/29/2022 07:29 pm NEW YORK—As Christmas approaches, the majority of Americans are hoping for gift cards under their trees, according to a new survey.
Rep. Donald McEachin, Praised as a Strong CU Supporter, Dies at 61 11/29/2022 07:30 pm RICHMOND, Va.– Rep. A. Donald McEachin (D-VA.) has died, just weeks after winning reelection to Congress, with the trade groups issuing statements saying he had been a strong credit union supporter.
Once Written Off, Store Credit Cards Making Comeback as Consumers Seek to Offset Financial Strains 11/29/2022 07:31 pm NEW YORK—More Americans are considering applying for store credit cards to try and offset the financial strain during the upcoming holiday shopping season, according to a new report.
'Tis the Season--for Competition 12/01/2022 08:06 pm BIRMINGHAM, Ala.—’Tis the Season for highly competitive payments competition, and credit unions are going to need attractive offers to keep their credit cards top of wallet and bring in new business, according to one expert.
NCUA Changes Oversight of AMAC; Ohio, You’re Now in the South 12/01/2022 07:39 pm ALEXANDRIA, Va.–NCUA has approved moving management and oversight of its Austin, Texas-based Asset Management and Assistance Center (AMAC) activities from the Southern Region to an independent office led by the president of AMAC.
