News & Insights
Catalyst Corporate is now certified to process both Send and Receive transactions 24/7/365 through the Federal Reserve’s instant payment rail, the FedNow® Service. Expanding capabilities to cover both Send and Receive enables credit unions across the country to offer comprehensive instant payments to their members.
Arizona-based Vantage West Credit Union is now live and receiving instant payment transactions on the Federal Reserve’s FedNow® Service through Catalyst Corporate Federal Credit Union. The $2.8 billion Vantage West launched its service to members on September 24, the latest early adopter credit union to onboard with Catalyst.
Staying abreast of the technology curve is vital for credit unions to remain competitive and relevant. At Catalyst Corporate’s 2023 Economic & Payments Forum, renowned futurist Jack Uldrich shed light on transformative tech trends that are reshaping credit unions.
Catalyst’s 2023 Economic & Payments Forum is over and we’re still reflecting on the positivity Peter Ricchiuti professed about the economy. Ricchiuti, the kickoff speaker at this year’s Forum, is a professor at Tulane University’s Freeman School of Business.
Few people get excited about basic banking – paying bills, managing account balances…
However, credit unions can augment mundane banking functions with lifestyle-based banking features to help consumers save money when they need to spend it.
In the haunted world of high interest rates, financial institutions face a frightening challenge: the balance between their assets and liabilities. Asset Liability Management is the enchanting art of maintaining this balance, ensuring stability and growth amidst economic changes.
Catalyst Corporate Federal Credit Union and its fintech Aptys Solutions have partnered with Corelation, a leading credit union core processor, to provide client credit unions streamlined access to instant payments through the Federal Reserve Banks’ new FedNow Service.
At Catalyst’s 2023 Economic & Payments Forum, leadership expert Sara Ross delivered a thought-provoking session titled, "Dear Work, Something Has to Change.” Ross discussed the importance of leadership vitality and how it can have a significant impact on employee morale.
More than 87,000 credit unions exist globally, providing a plethora of financial services for their members, recognized as a force for positive economic and social change. Catalyst Corporate is honored to be a part of this cooperative movement, spanning 118 countries across six continents, and serving 393 million members worldwide.
Liquidity challenges can be a significant hurdle for credit unions. Different strategies and approaches can be used to address liquidity issues, depending on your specific situation.