MSU Federal Credit Union (MSUFCU) introduced Pillur Business Banking, a new financial solution designed to support entrepreneurs, startups, and small business owners. To mark the launch, MSUFCU has committed $200 million in small business lending to help drive economic growth in the Chicagoland area. The announcement was made during a grand opening networking event in Chicago, where […]
Credit unions have had to quickly embrace technology to continue meeting business member demands in an ever-changing landscape. AI is becoming more prevalent, multi-factor authentication is needed even more to keep accounts safe, and advanced data analytics help credit unions identify trends. It can be a lot for credit union leaders to take in, but
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The Defense Credit Union Council (DCUC) has sent a letter to the House Financial Services Committee’s (HFSC) Subcommittee on Capital Markets ahead of its hearing on capital formation. In the letter, DCUC advocates for the Veterans Member Business Loan Act (VMBLA), recently introduced legislation designed to expand access to capital for veteran entrepreneurs by exempting
Kitsap Credit Union is proud to announce that it has been awarded a $900,000 Community Development Financial Institution (CDFI) grant to support rural women-owned businesses. As a designated CDFI, Kitsap Credit Union is excited to expand its efforts to provide low-income women borrowers, particularly those with limited credit history, access to loan products and business
Q2 digital banking customers can now offer Rapid Finance’s financing solutions to their small business customers through the Q2 Partner Marketplace Rapid Finance today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. Through
According to a LexisNexis Risk Solutions Study, Digital Channels See Biggest Increase in SMB Lending Fraud Small and medium-sized business (SMB) lending fraud has increased by a double-digit percentage year over year, with most lenders expecting fraud levels to continue to increase in the coming months, as revealed by the latest edition of the LexisNexis® Risk Solutions
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