Democratizing International Funds Transfer For Credit Unions

By David Stern | October 19, 2016

While consumer confidence in traditional banks have waned, shares and deposits in federally insured credit unions grew past $1 trillion in the fourth quarter of 2015. For more than 100 years, credit unions have provided affordable financial services for US consumers, ranging from checking accounts to auto loans. However, one internalized service that a majority of credit unions still lack is the ability to send payments internationally in a cost-effective manner.

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Topics: News & Events, global payments, credit unions, compliance and licensing, correspondent bank networks, international payments

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