Payments/Credit/Debit

Study finds many lending institutions are struggling to leverage their payments data to gain a strategic advantage.

Annual survey of banks and CUs reveals 60% are optimistic about the year ahead, yet 52% anticipate a recession.

The payments CUSO reports average credit card balances set a new record, as delinquencies rise.

However, members using its services spent little more than a year ago by credit card.

But a small gain comes as balance growth slows for both credit unions and banks.

The CU's latest survey reveals the majority of younger generations are stressed about finances.

CUs must offer an analogous experience, meeting members in their most preferred and frequently used channel.

The nation's largest CU says it received over $2.7 million in RTP deposits during its first full day on the network.