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 Fall 2023 issue examines how artificial intelligence is shaping marketing, strategies to improve cyber hygiene and overall cybersecurity, the need to employ risk management to address inflation and its impacts, new approaches to board recruiting, and NCUA’s top supervisory priorities.
