Alloya Wins Innovation in Payments Award for Integrated P2P Solution
In a vote by credit unions, Alloya’s new peer-to-peer (P2P) payment solution was recently named the winner of the “Innovations in Payments” award as part of the annual Innovation Series presented by CreditUnions.com and Callahan & Associates.
Credit Union Acquisition of Community Banks Rising, But Still “Small Proportion of Overall Consolidation”
Credit union purchases of community banks is a hotly debated argument, with bank and tax advocates arguing that it’s time Congress reassess credit union tax exemption, but credit union advocates argue it’s a drop in the bucket of bank consolidation.
