Payments: What to watch for in 2016

Payments: What to watch for in 2016
Posted: Jan 26, 2016
Comments: 0
Author: Tom Davis

What should credit unions be on the lookout for in 2016 regarding payments?  Driving member card loyalty might be the biggest challenge your credit union will face.  The competitive set is rapidly growing and evolving for member credit and debit card loyalty especially with new payment offerings from merchants. As consumer demand continues to accelerate you will need to evaluate your credit union’s loyalty programs to ensure they are satisfying your members’ needs and your credit union’s bottom line.

To learn more, you will want to read this informative article in CU Today that offers thought-provoking insights from CSCU into the emerging payment technologies that will provide new platforms, such as mobile wallets, that will help level the playing field for credit unions to deliver loyalty programs.  What do you see as the trends that will impact your credit union's card loyalty programs in 2016?

Tom Davis

Tom DavisTom Davis

Tom is President & CEO of Trellance. He joined Trellance in 2004 and today wears many hats as highly respected executive and tireless evangelist on new payment technologies and innovations and how they will positively impact the success and growth of credit unions.

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