SBA PPP Loans At Atlantic Union — 13 Days, 6,500 SBA-Approved Applications, $1.4 Billion To SMEs
By the time the SBA money ran out, #Atlantic #Union had obtained $ 1.4 #billion for 6,500 business customers.
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Navy Federal Credit Union Mobile Usage on Par with Big Banks
For smaller FIs where “digital transformation” may still mean establishing a #mobile app, some are far ahead of their peers. Bank Innovation previously reported on the mobile app user numbers of the country’s biggest #banks, and on average 44% of the top banks’ customers use their mobile app. On par with this metric is the […]
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Alliant Credit Union Allocates Nearly Twice as Much For Innovation as Banks of the Same Size
#Alliant #Credit #Union’s budget allocation for #innovation is almost #twice as high as the average bank of the #same #size. Most #banks won’t readily share exactly what they spend on innovation, but Alliant Credit Union has offered up that 15% of their expense base is allocated to innovation. Although credit unions aren’t required to publicly […]
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One Third of Chinese Tuition Payments Come Through Alipay, Western Union Says
While those of us in the U.S. experiment with Venmo or Apple Pay, #payments in China have reached the point where even large transactions are routinely processed via the smartphone, even #tuition payments. #Western #Union, which operates a money transfer service in the region via a partnership with #Chinese payment solutions provider Geoswift, has allowed […]
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Western Union Customers Can Now Use Apple Pay for Money Transfers
The #Apple Pay universe just keeps on expanding—this time, it’s to international #money #transfers. iOS users will now be able to use Apple Pay for their payments when sending money transfers with global payments provider #Western #Union, the companies announced today. Khalid Fellahi, senior vice president and general manager for Western Union Digital, noted in […]
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Chrome Credit Union Looks to the Future with Nymbus Core
A small #credit #union in western Pennsylvania is making an investment that would strike fear into the hearts to bankers everywhere: #core replacement. Washington, Pa.-based #Chrome Federal Credit Union — formerly Washington Community Federal Credit Union &8212; is replacing its Jack Henry Symitar system with a core from #Nymbus, the splashyRead More
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Blockchain Trade Group Adds First Credit Union Member
Digital Federal #Credit #Union has joined the Chamber of Digital Commerce, the Washington, DC-based #blockchain #trade organization.
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Pirates with Ties interview with David Thompson of Western Union
In the #Pirates with #Ties&160;#interview series, we&160;are interviewing people who are leading digital transformation and innovation in major Financial Institutions. #David #Thompson&160;is the&160;Executive Vice President, Global Operations & Chief Information Officer at #Western #Union. In this interview we learn about WU Edge, their recently launched cross border payments platform for SME. Daily #Fintech Advisers&160;provide strategic consulting…Read more Pirates with Ties interview with David Thompson of Western&160;Union
Bank Innovation
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