Syndicated

Fraud is on the rise, and the use of synthetic identities (combining different people’s stolen personal information to form false identities) has a particularly strong financial impact. According to areport…

Worldwide Foundation for Credit Unions (WFCU) has announced a major fundraising drive, calling on credit union employees, members and advocates to help raise $750,000 in 75 days. WFCU’s Members Helping…

The promotion and publicity touting the debut of the FedNow instant payments service has been mammoth. But at least one analyst is underwhelmed by what is easily among the biggest…

The MD|DC Credit Union Association launched its new website atmddccua.org. The redesigned site features a fresh and streamlined look, improved functionality, and access to information essential to helping member credit…

As 2023 got underway, we laid out the retail banking priorities for the year ahead (inthis articleand, separately, inthis free report). Looking back at the predictions and analysis, the areas…

Lately, I have been wondering if I should change how I refer to my job. In my almost twenty-five years working in software quality control, several words that sound scientific…

Life insurance is one of the selfless gifts you can give to the people you would leave behind if you pass away. Life insurance is not as complicated or expensive…

It’s time to go back to school! But not just for the kids…for you too. And you have a new class on your schedule this semester – Marketing 101. Marketing…

This is the second in athree-part seriesto help prioritize the burning issues that face credit union leaders, offering actionable tips to help grow wealth management departments. Financial literacy has never…

While credit scores may have a central role in deciding who qualifies for a given financial product at specific terms, let’s face it: The current credit system works against a…

NCUA Board Member Rodney Hood provided insights into field of membership (FOM) reform, consolidation in the industry, climate-related financial risk, fraud, and more during an exclusive Q&A with NAFCU Senior…

Here are my first thoughts. The members of both organizations will vote on the mergers. This is a good precedent for all coop mergers. That way the details and commitments…

Some of my favorite conversations have been with Uber drivers, many of whom are immigrants who share their stories of what it’s like to make a life in the U.S.,…

The rising interest rate environment of the first half of 2023 have many fearful recession is on the horizon, but, simultaneously, there are some indicators that inflation is beginning to…

As the financial worldbecomes increasingly digital,fraud in all its forms is on the rise. This is especially true for credit unions, which are often targeted due to their perceived lack…

I hope you’re as excited as I am about our intent to merge with the National Association of Federally-Insured Credit Unions (NAFCU) announced this week. This came about by leaders…

According to the most recent survey from Bankrate1, U.S. adults, on average, have held the same checking account for 17.75 years, with adults age 55+ keeping the same account for…

NAFCU and CUNA made an exciting announcement this week – theintent to merge and form America’s Credit Unions. This decision was not made lightly. It was a collaborative process, with…

NCUA has observed a rise in cyberattacks against credit unions, credit union service organizations (CUSOs), and other third-party vendors supplying financial services products. These attacks include incidents directly related to…

Total vehicle sales increased 100,000 annualized units in July and monthly sales levels were up 22.6 percent year over year.NAFCU Economist Noah Yosif analyzed the data in a newMacro Data…

Does your bank or credit union have a tried-and-true formula for pricing that it has used for years? Does it rely on basic inputs like loan-to-value and debt-to-income ratios? It…

In an industry first, Alkami is now leveraging artificial intelligence (AI) predictive modeling to help financial institutions identify highly engaged account holders, offer them products and services most likely to…

The numbers have come out, and Gen Z is still available for the taking. With just four percent of our youngest generation registering as members of a credit union, the…