“NACOMM, a FinTech enablement company equipping financial services companies with affordable solutions that empower them to compete with technology offerings of the largest financial institutions, today announced it is helping to streamline mobile application and website development for credit unions through a partnership with PSCU, the nation’s premier credit union service organization (CUSO). The agreement enables credit unions across the U.S. to roll out new mobile apps and websites through PSCU’s prepaid product line with next-generation functionality, including biometric authentication.”

“PSCU , the nation’s premier payments credit union service organization (CUSO), has announced that New England Federal Credit Union (NEFCU) has joined the cooperative for credit and debit card processing support and services. Headquartered in Williston, Vt., NEFCU is committed to promoting and improving members’ economic well-being and helping guide them to strong financial decisions using leading solutions.”

“Kasasa®, an award-winning financial technology and marketing provider, and Credit Union Strategic Planning , a provider of business planning services for credit unions with a focus on community development, are partnering to boost consumer outcomes for Community Development Financial Institutions (CDFIs) serving the unbanked and underbanked.”

“Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, today announced its partnership with CU*Answers, the 100% credit union-owned, data processing Credit Union Service Organization (CUSO). As an integrated partner, REPAY will enable U.S.-based credit unions utilizing CU*Answers’ CU*BASE platform with the ability to streamline processing efficiencies by securely accepting ACH and card processing via web, mobile, Interactive Voice Response (IVR) phone pay or text-to-pay through SMS messaging.”

“PSCU, the nation’s premier payments credit union service organization, has updated its weekly transaction analysis from its Owner credit union members on a same-store basis to identify the impact of COVID-19 on consumer spending and shopping trends. To provide relevant updates on market performance, experts from PSCU’s Advisors Plus and Data & Analytics teams today released year-over-year weekly performance data trends. In this week’s installment, PSCU compares the 28th week of the year (the week ending July 12, 2020 compared to the week ending July 14, 2019).”

“The shifting economic landscape over the past 10 years has changed the way financial institutions operate and interact with consumers. As banks and mortgage lenders pulled back following the crash, credit unions stepped in and increased lending when members needed it most. In the 10 years following the recession, the credit union industry has grown its loan portfolio 82.7%. Banks in the United States increased their portfolio 73.4% during the same period. Keep reading to learn how credit union lending has evolved in the past decade.”

“GFA Federal Credit Union, founded in 1938 to serve French-Canadian immigrants and headquartered in Gardner, told the Globe Thursday that it’s ready to wade into the recreational marijuana sector, following a year of research and preparations.  Other banks and credit unions have so far stayed on the sidelines, calculating that it’s legally and financially risky to handle the proceeds of cannabis sales as long as the drug remains illegal at the federal level.”