LAS VEGAS-Credit unions must unite against PayPal by offering alternative payment services that members are willing to pay for-before the online giant makes off with all the profits.

That was among the sentiments share at the recent CUNA Technology Council Summit here. "Credit unions don't have a god-given right to control the payments space, and a lot of organizations want a piece of it," said Jeff Russell, EVP, The Members Group (TMG). Russell spoke to a group of CU IT and operations managers in a Summit session on Sept. 30.

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