Take your payments to the next level!
CU 2.0’s Payments 2.0 Guide rests on a simple premise:
Banking habits are changing. The way banking services are provided must change, too.
So, if you’re ready to think about the payments experience and technology of the future, then this guide is for you!
What’s in this guide
Payments 2.0 is a concept based on trends in peer-to-peer (P2P), AI, blockchain, rewards, risk, and more. Traditional payments providers and technologies may not be able to keep up with consumer demand for new capabilities or safety. Payments 2.0 will help credit unions bridge the gap between their technology and that of big banks and fintechs.
To begin, our Payments 2.0 Guide assesses the current market to identify key trends. In this guide, we provide analysis on:
- P2P capabilities
- Debit and credit trends
We also provide a self-assessment framework for you to measure your credit union’s payment tools and strategy against the competition. This exercise will show you areas where your credit union might need to focus on digital improvements.
Finally, we include a review of fintechs and technology companies that provide or augment payments services. Our ratings of each provider are based on our experience, industry feedback, market data, and opinions. Also, our ratings are not comprehensive. (We will add to them throughout the year.)
CU 2.0’s guides are not recommendations. They are not intended to diagnose problems or prescribe solutions (though they may help). Plus, every credit union’s needs are different, so we recommend a consultation before making any decisions. This guide is intended to provide context and options only!