Whether contactless or chip-enabled, credit and debit cards continue to dominate the payments market in terms of perceived speed, ease, and preference.
In this episode of the CUNA News Podcast, sponsored by Fiserv, David Cencula, director of strategy within Fiserv’s banking and payments division, examines everything from consumers’ top-of-wallet card choice and mobile money movement to third-party tools and fraud prevention.
Cencula says members want tools and information that give them control over their financial lives. With the right strategy and products, he says, no form of payment provides that flexibility better than debit and credit cards.
Credit Union Magazine’s Spring 2023 issue features the 2023 Credit Union Heroes and examines CUNA-League advocacy priorities, board leadership, the impact of financial well-being efforts, fee-related compliance issues, predictions for the year ahead, and more.
