How banks are tackling fintech partnerships & managing other risks
Risk and compliance are top of mind for financial institutions of all sizes — and for good reason. Keeping up with new regulatory requirements continues to be a challenge. A…
Risk and compliance are top of mind for financial institutions of all sizes — and for good reason. Keeping up with new regulatory requirements continues to be a challenge. A…
Last month, I celebrated 15 years in business as a leadership consultant, facilitator and speaker. There have been many lessons and learnings along the way, and my life looks very…
Credit union officials met with Rep. Nikki Budzinski, D-Ill., at the Illinois Credit Union League’s Springfield office Monday. “Attendees thanked Rep. Budzinski for her support of the credit union tax…
Shakespeare says to only “trust a few”. We say, trust no one - until verified. With a Zero Trust architecture (ZTA) to cybersecurity, trust is not automatically granted. Unlike trust-based…
The FedNow®Service, the first new payment rail introduced into the Federal Reserve system in over 40 years, is launching this summer. However, there remains a considerable amount of misinformation and…
CUNA and NAFCU released details of the proposed Transition Board for America’s Credit Unions, including members of the Executive Committee. Brian Schools, current vice chair of the NAFCU Board of…
Communities in Vermont are still reeling from the effects of torrential downpours and major flooding that hit the region in July, with more heavy rain expected in the near future.…
CUNA President/CEO Jim Nussle and NAFCU President/CEO Dan Berger issued a joint statement in response to the Community Development Financial Institution (CDFI) Fund’s Community Development Advisory Board’s Final and Approved…
Email marketing is still one of the most effective ways to reach your target audience when it comes to effective credit union marketing. In fact, according to a study by…
NAFCU held an in-person all-staff meeting Monday, during which CUNA President and CEO Jim Nussle joined NAFCU President and CEO Dan Berger to answer employees’ questions about the proposed merger…
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…