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P2P Payments: Simple, Secure Transactions
Interview with Howie Wu, VP Virtual Banking, Boeing Employees Credit Union
Increasingly, consumers long for a simple payment solution that allows them to send money to family and friends via email or text message.
Boeing Employees Credit Union (BECU), Washington's largest credit union, is at the forefront of the person-to-person (P2P) payments revolution. And in an exclusive interview, Howie Wu, VP of Virtual Banking, at BECU, discusses:
How BECU's Popmoney initiative was deployed;
Security challenges that had to be addressed;
Tips for other institutions looking to offer P2P payments.
Wu has over 10 years experience in the financial services and information technology industries and has been with BECU since 2003. In his role as the Vice President of Virtual Banking, he is responsible for leading BECU's strategy as it relates to all remote delivery channels. He has played a major role in defining and implementing changes that impact the member experience within the ATM, online, telephone and mobile channels.
He earned a B.A. in Accounting and a MBA in Information Systems from Washington State University. His professional interests include IT, finance and business leadership. He also participates as a panelist in various industry forums and is a member of several financial technology committees.
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By BankInfoSecurity.com
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Interview with Howie Wu, VP Virtual Banking, Boeing Employees Credit Union
Increasingly, consumers long for a simple payment solution that allows them to send money to family and friends via email or text message.
Boeing Employees Credit Union (BECU), Washington's largest credit union, is at the forefront of the person-to-person (P2P) payments revolution. And in an exclusive interview, Howie Wu, VP of Virtual Banking, at BECU, discusses:
How BECU's Popmoney initiative was deployed;
Security challenges that had to be addressed;
Tips for other institutions looking to offer P2P payments.
Wu has over 10 years experience in the financial services and information technology industries and has been with BECU since 2003. In his role as the Vice President of Virtual Banking, he is responsible for leading BECU's strategy as it relates to all remote delivery channels. He has played a major role in defining and implementing changes that impact the member experience within the ATM, online, telephone and mobile channels.
He earned a B.A. in Accounting and a MBA in Information Systems from Washington State University. His professional interests include IT, finance and business leadership. He also participates as a panelist in various industry forums and is a member of several financial technology committees.