Items Tagged with 'transactions'

ARTICLES

Responding to Innovation is Key

CUs can learn a lesson from their cooperative cousins down under.
March 1, 2014
Ultimately, success lies in a financial institution’s ability to be nimble and respond quickly to innovation.
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Compliance Q&A: Currency Transaction Reports

Under what circumstances does my CU have to fill out a CTR?
March 1, 2014
Under what circumstances does my CU have to fill out a CTR?
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Market the Debit Difference

Counteract the loss of interchange income by promoting card rewards and incentives.
July 16, 2013
Improved data analytics and segmentation tools give credit unions the ability to identify and target member segments with relevant offers.
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Extreme Makeover, CU Style

Summit CU’s ‘inspiration’ branch helps members achieve their dreams.
February 20, 2013
While mobile services have taken off, the branch still plays an important member service role.
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Channels Create Connections

Take a multichannel approach to building relationships.
February 12, 2013
Branches are hubs for acquiring and deepening member relationships.
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Money Laundering

Two high-profile incidents remind CUs of the importance of BSA & OFAC compliance.
October 1, 2012
CUs’ regulatory compliance costs are staggering, but the costs of noncompliance are even higher.
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SHAZAM Launches Mobile Payment App

Platform allows merchants to accept PIN debit, signature debit, and credit transactions mobile devices.
February 1, 2012
Product uses Adaptive Payments’ 5DSecure™ five factor-dual channel authentication technology to authenticate PIN debit transactions quickly and securely.
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Fraud Across the Pond

As in the U.S., financial institutions worldwide face expanding global fraud and payment schemes.
November 1, 2010
The lack of a cross-border vision by regulators, and no real urge to look at a much wider picture when it comes to global financial crime, gives criminals a huge advantage.
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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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