Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CU Wallet Signs Agreements With Three Tech Providers
LAS VEGAS (10/9/13)--CU Wallet, a mobile payments initiative designed specifically for credit unions by credit unions, announced agreements with three vendors at the MONEY2020 conference in Las Vegas.

CU Wallet selected Paydiant to provide the platform for its mobile wallet solution. With Paydiant, CU Wallet will integrate complete mobile wallet capabilities into its own mobile application, including contactless mobile payments, e-receipts, redemption and cardless cash access on existing payment terminals, point-of-sale systems, ATMs and online shopping carts.

The Paydiant platform is deployed in partnership with card-issuing financial institutions, retailers, restaurants, merchant processors, debit/ATM networks and POS providers Paydiant's platform works with existing smartphones, POS systems and payment terminals, including entry-level countertop devices.
 
CU Wallet also announced partnerships with technology providers DoubleBeam and CheckAlt.
 
CU Wallet is integrating DoubleBeam's mobile payments software development kit, giving credit unions the ability to "onboard" members by simply taking a picture of a blank check and photo ID.
 
CheckAlt's mobile payment processing solution will provide credit unions with end-to-end processing.
 
Fifteen credit unions, ranging from $400 million to more than $5 billion in assets, representing more than two million members nationwide, have signed agreements with CU Wallet.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago