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Where Credit Unions Invest To Get The Best ROI

PYMNTS

The new service, Flex Loan, is being offered by SkyPoint Federal Credit Union and was established through a partnership with cloud-based mobile lending platform QCash Financial. Auto lending is also getting an upgrade in the CU market. Small dollar loans are often sought when members need funds to cover unexpected expenses.

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Weekly Wrap: Visa acquires Plaid and retailers embrace fintech

Bank Innovation

Welcome to the latest episode of our Weekly Wrap video series, for the week ending Friday, January 17, 2019.

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Weekly Wrap: Credit unions choose core startup and POS lending stays hot

BankInovation

Point-of-sale lending, meanwhile, is continuing its rapid growth trajectory. Credit unions are rejecting some of the big core providers and instead choosing startups to overhaul their technology. Royal Oak, Mich.-based based banking software company Bankjoy has grown its customer base by 50% since the start of the pandemic.

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Cobalt Credit Union’s Data-Driven Innovation In Member Services

PYMNTS

DeBoer recently spoke with PYMNTS about how Cobalt’s communication and data analytics strategy informs its innovative pursuits, including its recent move to implement interactive video services through its web and mobile channels. . An Interactive Innovation . Technology is not cheap,” DeBoer said.

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Weekly Wrap: Truist’s co-development focus and MUFG’s new partnership

BankInovation

Point-of-sale (POS) lending continues to make headlines. ChargeAfter, a POS lending startup, announced this week it is looking to expand its partnership with the Japanese banking giant MUFG.

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

This is the power of networking at these conferences, as you can collect insights that you can’t do over video conferences. It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products.

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Weekly Wrap: SBA loans, SoFi and Galileo take center stage

Bank Innovation

One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best practices to get funding into the hands of small business clients. As COVID-19 continues to rattle the economy, startups are launching new products and features to engage customers.

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