Catalyst News

New check fraud tactics, bolstered by access to new technologies, have made fake checks cheaper and easier to produce. But now, Advanced Fraud Solutions’ TrueChecks® – offered by Catalyst Corporate – can help.

Credit unions will continue to face pressure on interest margins, primarily because of low interest rates, slower loan growth and downward pricing of existing loans, Casey Peterson told attendees at last month’s Economic & Payments Forum.

A “tsunami” of change, brought about by conditions during the COVID-19 pandemic, has caused consumers to flock to digital engagement channels, Eric Dotson told attendees at Catalyst Corporate’s recent Economic & Payments Forum.

For the second year in a row, the Federal Reserve has announced it will suspend winter holiday currency ordering periods.

According to a report by IBISWorld.com, the number of people employed in America’s credit unions increased an average of 2.8 percent from 2016 to 2021. But will credit unions be able to find the workers they want in the coming months? That could be a challenge, according to Betsey Stevenson, a well-regarded labor economist who presented at Catalyst Corporate’s Economic & Payments Forum last week.

On September 12, 2016, Dallas-based Texas Telcom Credit Union became the first credit union to go live on Catalyst Corporate Federal Credit Union’s new TranzCapture remote deposit services (RDS) platform. Five years later, TranzCapture is meeting the deposit capture needs of almost 1,800 credit unions with Branch, Teller, Mobile, ATM, ITM and Business Capture, as well as Image Clear, services.

While disruptive technologies have become commonplace in the financial landscape, the pace of change has quickened – a by-product of the COVID era. So says Jason Schenker, president of Prestige Economics and chairman of the Futurist Institute, who was among presenters during the first day of Catalyst Corporate’s annual Economics & Payments Forum.