NACHA’s PAYMENTS 2012 conference at the Baltimore Convention Center included sessions on emerging and well-established trends and practices across the spectrum of electronic payments. Credit Union Times’ Robert McGarvey was there covering it and here is a quick look at some of what the experts shared with attendees during the April 29-May 2 conference. Here are seven quick looks at takeaway topics covered at the NACHA PAYMENTS 2012 conference April 29-May 2 in Baltimore.....7 Takeaways from the NACHA PAYMENTS Conference:
Credit Unions: The Original Social Network Long before likes, follows, shares, and friend requests, people built networks another way: They showed up for each other. That’s essentially how credit unions began. Not as financial corporations, but as human networks built on trust, shared experiences, and mutual support. In many ways, credit unions were the first true social networks. Before Technology Connected People, Communities Did Today’s social platforms promise connection. They help people share ideas, ask questions, organize communities, and support causes. But more than a century ago, credit unions were already doing something remarkably similar — only in person and with real financial stakes involved. Teachers gathered with teachers. Factory workers organized with coworkers. Church members helped fellow congregants. Military personnel supported military families. Firefighters stood beside fellow first responders. Police officers supported the communities and d...

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