Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
SaveUp Selected As Finalist In Innovators Mega Challenge
LIVONIA, Mich. (6/7/13)--SaveUp, a partner of CU Solutions Group, Livonia, Mich., is one of 11 finalists competing for the Annual Core Innovators Mega Challenge from Core Innovation Capital and the Center for Financial Services Innovation (CFSI).

The competition will name the most promising new idea in serving the 80 million underbanked American consumers known as the emerging middle class. The winner receives $10,000, broad media exposure and a complementary consulting session with the CFSI Advisory Services team.

SaveUp is a member engagement program that rewards members for saving and paying down debt. CU Solutions Group and SaveUp first joined forces in October to help credit unions build stronger member relationships and generate new leads for products.  As of May, the program helped users save $449 million and pay down $296 million (News Now May 28).

The 2013 Mega Challenge will be featured at the eighth annual Underbanked Financial Services Forum in Miami this month. Finalists will present a demonstration of their products and take part in question-and-answer sessions. The winner will be selected by interactive audience voting.


RSS print
News Now LiveWire
Housing starts swell in July #NewsNow #Market http://t.co/EdKIhXEj9l
12 hours ago
Consumer inflation tapers after spring surge #NewsNow #Market http://t.co/bgvQd8fyuF
12 hours ago
Have you read this one today in #NewsNow? What NCUA examiners look for on cybersecurity efforts: NCUA Report http://t.co/4g5wUavUAe
13 hours ago
.@CFPB sets $2.75M fine v. auto finance co. it says "distorted consumer credit records for years": TX-based First Investors Fin. Serv. Group
14 hours ago
University, college #creditunions add fin ed to higher ed. See #NewsNow http://t.co/NsyshwHPhg
15 hours ago