Part 2: Your Complete Guide to Innovative Digital Payment Options

By Preston Packer |

Apr

27

Welcome to Part 2 of our Complete Guide to Innovative Digital Payment Options. In Part 1, we provided a brief overview of the advanced technology that underpins digital payments and explained why they are increasingly crucial for credit unions. As we mentioned earlier, comprehending the fundamental aspects of this technology and its workings is essential to seamlessly integrate it into your credit union, thus benefiting both members and the institution.

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Part 1: Your Complete Guide to Innovative Digital Payment Options

By Preston Packer |

Apr

25

The recent explosion in popularity of digital payments can be attributed to many things--from a younger and more tech-savvy generation of consumers becoming more financially stable to the rise of eCommerce and beyond. Regardless, 2/3rds of adults worldwide now make or receive digital payments regularly--a trend that shows no signs of slowing.

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The Future of Payments: A Look at Digital Issuance and Payments

By Preston Packer |

Apr

20

Each year, our lives become more and more digitally focused--to the point where most people spend the majority of their days interacting with some form of technology. Often, this happens in ways that would have seemed odd or even unthinkable in the past.

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Digital Wallets: A Convenient Solution for Credit Unions

By Preston Packer |

Apr

18

If you've ever opened the built-in "Wallet" app on your iPhone, you're no doubt at least passingly familiar with how convenient digital wallets can be. With a few taps of your finger, digital representations of all of your credit and debit cards are available and can be instantly used to make contactless purchases and other digital payments.

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Digital Payments May Be the Key to Pushing Credit Unions Forward

By Preston Packer |

Apr

13

The credit union industry has always been committed to innovation. This idea is especially important in the fast-paced, tech-driven modern world that we're living in. In an effort to not only maintain growth but to accelerate it as much as possible, credit unions need to embrace new solutions like digital payments wherever possible.

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The Ins and Outs of Digital Payment Methods: What You Need to Know

By Preston Packer |

Apr

11

As recently as a decade ago, the idea that we were headed towards a "cashless society" seemed laughable. Now, with more and more people making purchases online and with options such as contactless payments becoming the "new norm" for in-person experiences, we may be a lot closer to a cashless society than we think.

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How Credit Unions Can Hit the Ground Running With Digital Payments

By Preston Packer |

Apr

06

In the 16 years since the iPhone was introduced, the world has changed immeasurably. Not only has nearly every facet of our lives become highly digitized, but it's also all hyper-connected as well.

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Innovative Digital Payment Solutions for Credit Union Members

By Preston Packer |

Apr

04

A critical thing to understand about modern-day credit union members is that they want more options, not fewer. If they want to be pigeonholed into a cold, personal experience with a narrow focus that technically meets their needs but not in any particularly satisfying way, they'll do business with one of the larger, national banks. Instead, they want more flexibility and versatility than ever and credit unions (CUs) need to rise to that challenge.

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Unlock the Benefits of Digital Account Opening For Credit Unions

By Preston Packer |

Mar

30

These days, modern credit union (CU) members expect more from the financial  institutions they choose to bank with. They began a relationship with your CU because they were looking for a personalized level of care and attention to detail that they weren't able to find with larger banks. They'll maintain that relationship if your credit union proves committed to the idea of making members' lives easier and more convenient in any way that you can moving forward.

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Digital Account Opening for Credit Unions: The Future is Now

By Preston Packer |

Mar

28

In a lot of ways, the success of credit unions over the years can be attributed to their natural emphasis on innovation--particularly when compared to larger financial institutions.

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