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News Categories: Banking

Banking / Human Interest /  • September 27, 2016
Nepal credit unions rebuilt

Forty-one credit unions, or Savings and Credit Cooperative Societies (SACCOS) as they’re known in Nepal, have been rebuilt after a 7.8-magnitude earthquake struck the country on April 25, 2015.

Banking / Technology /  • August 22, 2016
B.C. credit unions foster FinTech

As part of the BC Technology Industry Association’s new FinTech Program, Central 1 Credit Union, Coast Capital Savings, Ficanex Services Limited Partnership, and PayPal Canada have joined forces as founding members of the program to foster the FinTech sector and support small business in B.C.

Banking / Community Development /  • July 26, 2016
Time Machine July 1945: What’s a credit union?

The follow excerpt comes from an entertaining article written by Jean Archibald and published in the Woman’s Point of View section of B.C. Credit Unionist in July 1945. It’s an interesting exchange, edited for brevity, that’s still relevant 71 years later!

Banking / Finance /  • July 14, 2016
New debit cards for the Emerald Isle
Emerald Isle issues debit cards

Eleven credit unions in Ireland have teamed up to form a not-for-profit organization, DCG Card Services, to manage a new product demanded by 84 per cent of its members: debit cards. Although debit cards aren’t exactly new, DCG Card Services was for...

Banking / Risk Management /  • May 12, 2016
Number Cruncher: $61 million

The amount of money scammed from an estimated 14,000 Canadians in 2015, according to the Canadian Anti-Fraud Centre....

Banking / Technology /  • March 29, 2016
Royal Canadian Mint sells MintChip
Toronto-based nanoPay buys cryptocurrency technology

The Royal Canadian Mint has sold its assets related to MintChip™ to Toronto-based nanoPay

Banking / Community Development /  • January 25, 2016
Credit unions for Cuba

WOCCU is hoping to shrink the number of unbanked people by starting a conversation with Cuba about creating a framework that supports credit union development.

Banking / Technology /  • December 11, 2015
Mobile banking app wins design award

Central 1's mobile banking app has won a user experience award for its design and ease of use.

Banking /  • November 1, 2015
Canada’s CUs win 9 awards
Credit unions take top honours at Ipsos’ 2015 Best Banking Awards

For the 11th year running, Canada’s Credit Unions earned the coveted Customer Service Excellence honour in Ipsos’ 2015 Best Banking Awards, edging out all other financial institutions.

Banking / Risk Management /  • November 1, 2015
Time Machine: B.C. Credit Unionist, 1960

In the 1960s financial institutions in Asia hired monkeys to detect counterfeit coins.

Banking / Business /  • September 1, 2015
Global: CU supports marijuana biz

When credit unions converged at the World Credit Union Conference in Denver this past July, the marijuana industry was a hot topic of discussion.

Banking / Business /  • September 1, 2015
Time machine: Enterprise, September 2008
Payday loan industry affects Ontarians

Seven years ago, Enterprise explored how the payday loan industry was affecting Ontarians.

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