We are delighted to announce that Cabot Financial have acquired the Credit Union business of XRS. Cabot Financial are Ireland’s largest provider of credit management outsource solutions to the Credit Union and financial services sector. This will provide our Credit… read more →
XRS are proud to announce a deal with Ballyphehane Credit Union to provide our legal collection system (LMS) to assist in their efforts to manage the legal collections function of the Credit Union in-house. This is the first such deal… read more →
Credit unions will take on banks with new debit card
CREDIT unions are speeding up the roll-out of new electronic payment options and are in talks with Visa and MasterCard about providing debit cards for members.
Newbridge Credit Union members “will default on loans” if merger goes through
A FORMER COMMITTEE member of the campaign to save Newbridge Credit Union has said that a proposed merger between Naas and Newbridge Credit Unions would lead to “colossal” losses. Frank White, who stepped down from the campaign in order to… read more →
Debtors ‘pay credit union before taxman’
Consumers are making bigger efforts to repay overdue credit union loans than pay the taxman, it has emerged. New figures show that when people are pursued through the courts over unpaid credit unions debts, they are more likely to have… read more →
Credit union group gets licence to enable electronic payment services
The Credit Union Service Organisation for Payments (CUSOP) has been granted a payment institution licence by the Central Bank of Ireland that will allow credit unions to provide electronic payment services to members nationwide. The new service will allow credit… read more →
Consumers may opt for credit unions to give banks bloody nose
A total of 147 credit unions in the Republic will start rolling out electronic payment options from next February. This will mean you will be able to have your wages put into the credit union directly from your employer. The… read more →