Artificial Intelligence (AI) is fundamentally reshaping the credit union industry, not merely by enhancing their operational capabilities but also by upholding and enriching the principle of "people helping people." Traditionally, credit unions have relied on the 4 Cs of lending—Credit, C
As the need for effective global conservation efforts intensifies, biodiversity credit projects and the methods to calculate their value are becoming increasingly pivotal. These credits act as financial incentives for activities aimed at achieving positive environmental outcomes, such as enhancing
In a groundbreaking development aimed at streamlining payment processes and enhancing fraud controls, Payfinia, Inc. has announced the launch of a new Credit Union Service Organization (CUSO) in collaboration with Star One Credit Union. This initiative is centered around the newly developed Instant
The recent deployment of Mahalo Banking's Thoughtful Banking platform by two US credit unions marks a significant enhancement in their digital banking services. Rocky Mountain Credit Union (RMCU), serving approximately 25,000 members in Montana, and UnitedOne Credit Union, catering to 20,000
In an era where technological advancements are reshaping every aspect of the financial sector, IBC Bank has embarked on a groundbreaking journey to revolutionize its commercial lending operations. Through a strategic partnership with Finanta, a leading financial technology solutions company, IBC
The third annual ESGFinTec list by FinTech Global continues to highlight the crucial role of technology in promoting sustainability within the financial sector, a testament to the growing urgency for sustainable practices among financial institutions amid rising consumer and regulatory pressures.