Velera’s Post

According to the latest edition of the Velera Payments Index, debit card activity increased in May while credit card activity softened. Debit purchase growth outpaced transaction growth, up 6.4% versus 4.5% year over year. For credit, transaction growth exceeded purchases, up 1.8% and 0.1% year over year, respectively. ➡️ Download the report for more insights: https://bit.ly/4c06WG8 #CreditUnions #payments #WeAreVelera

To all who are observing, we wish you a joyful celebration! #CreditUnions #IslamicNewYear #CUDifference

Congratulations to each of our Owner credit unions that Forbes has named one of "America's Best Credit Unions in Each State." 🎉 We thank you for everything you do for your members and our communities across the nation. Velera is proud and honored to serve so many of America's best CUs! 💙 ➡️ View the 2024 list: https://bit.ly/44hWXrk #BestCreditUnions #CUDifference #PeopleHelpingPeople

ICYMI: The latest edition of the 2024 Credit Union Innovation Readiness Index, a PYMNTS Intelligence and Velera collaboration, examines how well CUs’ current products, features and planned innovations align with what members want — and the products and features linked to higher satisfaction levels. ➡️ Download the report: https://bit.ly/3LcsNOV #CreditUnions #DigitalInnovation #WeAreVelera

We wish our employees, communities and extended credit union family a very happy and safe Independence Day! 🇺🇸 #4thOfJuly #IndependenceDay #CreditUnions

According to a recent PYMNTS Intelligence and Velera study, credit unions looking to increase engagement among Gen Z consumers need to set their sights on offering innovative products and services that meet their needs and expectations. ➡️ Download the report: https://bit.ly/455LBIW #CreditUnions #DigitalInnovation #GenZ

🎬 ICYMI: In episode 6️⃣ of #VeleraTV, host and Velera Chief Growth Officer Brian Scott is joined by South Bay Credit Union President and CEO Paris Chevalier to discuss: ✅ The importance of finding your credit union’s niche ✅ Ways to partner with local businesses to identify new opportunities ✅ How to encourage innovation throughout your entire organization Paris also shares insights into South Bay CU's focus on financial inclusivity and the success they've seen in offering cannabis banking services to local small business owners. 📹 Watch the full episode: https://bit.ly/3KWWkw1 #CreditUnions #CEOInsights

ICYMI: PSCU/Co-op Solutions is now Velera — velocity for a new era! 🎉 At Velera, our primary focus is to provide transformative fintech solutions that are smarter and more intuitive, empowering credit unions to outmaneuver the competition. Our human-centric foundation and inspired service propel us, ensuring our CUs have a competitive advantage in an ever-evolving market. ➡️ Learn more: https://bit.ly/4dww2gZ #WeAreVelera #CreditUnions #NewEra

There's still time to register for our upcoming webinar, "Approaching Member Centricity from the Inside Out," powered by CUInsight.com and hosted by Jessica Heuer, Integrated Marketing Director. Join us on Wednesday, July 10 at 1 p.m. ET, and discover insights into Velera's credit union and consumer research, which reveals a significant shift in how thriving CUs are approaching business transformation. We'll also cover six critical areas that are barriers to transformation — but with insights on how those barriers can be bridged to a successful future. ➡️ Register for the webinar: https://bit.ly/4cASRiv ➡️ Download Velera's CU Growth Outlook study: https://bit.ly/3ytfC9l #CreditUnions #CUGrowthOutlook #WeAreVelera

Despite their commitment to innovation, fintechs face challenges that can slow down their innovation efforts. According to the PYMNTS Intelligence and Velera Playbook, "The Fintech Innovation Agenda," 34% of fintechs say regulatory compliance is a challenge when bringing innovations to market, making it the top issue cited. ➡️ Download the report for more insights: https://bit.ly/3KDp9x8 #CreditUnions #DigitalInnovation #fintechs