Source: Shutterstock. Demand for contactless payments and digital services is rising among credit union members and other banking customers, according to recent data from the Santa Clara, Calif.-based Ondot Systems. Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership. Your access to unlimited CUTimes.com content isn’t changing. Once you are an ALM digital member, you’ll receive: Critical CUTimes.com information including...

PenFed Credit Union Military Recruiting Lead Miranda Jones knows military life. Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership. Your access to unlimited CUTimes.com content isn’t changing. Once you are an ALM digital member, you’ll receive: Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and...

Source: Shutterstock. A frenzy of name changes has inundated the credit union industry in the last two years, and it’s a trend that doesn’t seem to be slowing down. Two credit union name-change consultants explained why so many credit unions are changing their names these days, how those new names are created and what it really takes to pull off a successful name change. Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership. Your...

Source: Shutterstock. The Lancaster, Penn.-based ATM fleet operator Paramount Management Group said it has begun applying an antiviral shield to ATMs in an effort to combat the coronavirus. The film-like shield, produced by a company named ViaClean Technologies, lasts for up to 90 days, Paramount Chief Development and Marketing Officer Jorge Fernandez told CU Times. It’s a way to address the logistical issues of trying to disinfect ATMs after each use, he noted. “Part of the problem is you...

On The + Side blog. Like many credit unions in recent weeks, the Lake Mary, Fla.-based Addition Financial Credit Union has had to restrict branch activities, extend drive-through hours, launch financial assistance programs and send some employees home to work. But, the credit union has also decided to forgo doomsday speculation about the coronavirus outbreak. Instead, the credit union, which has $2 billion in assets and about 166,000 members, has chosen to focus on relaying positive news and...