Mark Ranta is our resident payments whiz here at Alacriti. In this interview, we expose ourselves as crypto-heads, and Mark gives some background on how the big payments organizations are…
Being human. Sounds pretty basic, right? Like, back to the days of the cave-man basic. But, too often in business, the emphasis is put on everything but being human. And…
Accepting online payments from your customers isn’t just about having a sleek and easy checkout process. Handling sensitive payment data means that businesses are subject to rules and regulations from…
We're now at a place where we're starting to envision the end of the coronavirus pandemic and what life looks like after all this. As we look toward the future,…
Congress charged credit unions with “promoting thrift … [and providing] credit for provident or productive purposes,” in 1934 and credit unions continue to fulfill this mission today, CUNA Chief Advocacy…
The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate at its current range of 0 to 0.25 percent. Of note, in an optimistic signal, the word…
During my 45-year career in financial services, I was a mentor and a mentee many times. Taking the time to be a mentor and to be mentored was important because…
Credit unions of all sizes face growing pressure to improve efficiency by increasing the scale of their operations. Scaling allows credit unions to provide essential technology to ensure a competitive…
On April 22, 2021, Elan presented a webinar titled “How to Protect Cardmembers Against Cybersecurity and Fraud Threats” which was hosted on creditunions.com. Chris Draack, National Sales Director from Elan…
Fareed Zakaria had an excellent article in the Washington Post earlier this month. The focal point of the article underlined the notion that, from a public policy standpoint, we spend…
During our recent webinar, New Contactless Payment Trends and Best Practices, we covered how contactless trends are shaping in light of accelerated contactless adoption expectations from consumers. Until 2020, we…
In 1948, Father Edward J. McCarthy foundedGuadalupe Credit Union($217.7M, Santa Fe, NM) to serve the parishioners of Our Lady of Guadalupe Church in Santa Fe, NM. In its nearly 75-year…
CUNA supports oversight of financial technology companies, it wrote Wednesday to the Senate Banking, Housing, and Urban Affairs Committee. The committee conducted a hearing on so-called “rent-a-bank” relationships, and CUNA…
NAFCU Vice President of Legislative Affairs Brad Thaler reiterated the association's concerns about companies taking advantage of regulatory loopholes and chartering schemes to expand their reach in the U.S. financial…
One of the key takeaways for new board volunteers at credit unions is the emphasis on the human touch. Credit unions like to promote the superior quality of their member…
Double-digit loan growthandmembership growth—that’s what one credit union achieved thanks to one bold strategic decision. Do you feel stuck? Are you spinning your wheels trying to grow loans and membership…
Artificial intelligence used to be something unimaginable, a futuristic science fiction trope. But in 2021, it’s not a matter of when the future will get here. The future is already…
In the past few years, credit unions have faced increasing litigation risk from plaintiffs’ attorneys filing class action lawsuits, particularly in the area of various fees that may be assessed…
Franklin Mint Federal Credit Union($1.4B, Chadds Ford, PA) is coining new business relationships to the tune of 500 new select employee groups (SEGs) a year. Typically, a SEG is a…
For many people, the day they get married is one of the happiest days of their lives. The dress, the reception, being surrounded by family and friends, and vowing to…
In the first blog of this series,Your Competition is Advertising On The Internet - Shouldn’t You?, we discussed that retailers and financial institutions alike have realized the need to advertise…
Credit Union Awareness LLC announced today that the AI driven, category-level brand campaign Open Your Eyes to a Credit Union® has launched in Wyoming. Open Your Eyes to a Credit…
The Federal Open Market Committee (FOMC) – the Fed's monetary-policy setting arm –begins its April meeting today and is expected to hold the federal funds target rate range at its…
The debate over the best governance practices for board succession rages on. It is a routine topic in every single engagement and interview we conduct. The issues of diversity and…