Syndicated

“There’s strength in numbers.” It’s a familiar phrase to most of us. When I hear it, I immediately think back to the safety precautions we had to follow on elementary…

Financial institutions have been upping their fintech game and digital strategy efforts for years now. Whether it’s taking advantage of the cloud, mobile banking or data analytics, the tools, solutions,…

Four out of five financial institutions believe that digital will fundamentally change banking and completely transform the industry’s competitive landscape. But according to research from the Boston Consulting Group, less…

A dollar went a whole lot further back in the day. In fact, more than 100 years ago four cents bought what a dollar buys today. Back then a loaf…

The Wisconsin Credit Union league teamed up with the Wisconsin Bankers Association to urge Speaker of the House Paul Ryan (R-Wis.) to take up and pass the bipartisan Economic Growth,…

NAFCU and the Defense Credit Union Council (DCUC) will host a Defense Credit Union Summit to educate credit unions on the various rules and entities that impact providing financial services…

Data from our new report, The State of CU Governance, 2018,find that the majority of credit unions feel pretty good about who’s currently on their boards—but are much less sure…

In part one of my Finovate Europe recap, I focused on the broad product categories that took center stage at the March event in London. Let’s now shift focus to…

The problem of shortages in IT staff is “colliding” with escalating cybercrime, leaving organizations—particularly small CUs—ill-equipped to manage and respond to cyberthreats, asserts one analyst. Sam Curcuruto, head of product…

Last week was supposed to be the coming-out party for new Federal Reserve Chairman Jay Powell as he presided over his first FOMC meeting. The Fed—as predicted by just about…

Electronic documents and signatures are almost a mainstay in the financial industry, allowing credit unions to dramatically improve efficiency by reducing costs, saving paper, and expediting the application process. Additionally,…

Overdraft litigation is alive and well. Recently, the United States District Court of New Hampshire refused to dismiss a punitive class action brought against Northeast Credit Union involving claims that…

It may be difficult to fathom, but the role of the smartphone in society in the future is likely to become ever more central than it is today. With extraordinarily…

Today’s consumers increasingly expect the brands they do business with to offer a seamless experience across channels, and that extends to payments. To accelerate the integration of payments with Internet…

The May 11 effective date of the new Customer Due Diligence (CDD) rule is approaching, after which credit unions will be required to obtain identifying information about the beneficial owners…

Lawmakers are working in their home districts and state offices for the next two weeks, providing a great opportunity for credit unions to reach out on top industry issues, including…

How much time do people in your organization spend each day clarifying some aspect of work that should or could have been clear to begin with? How many people seem…

The Finovate series of conferences—which now literally spans the globe with the new Africa and Middle East editions—remains among my favorite windows into the coming wave of financial technology breakthroughs.…

Let’s start with the solution: There’s no question that the credit union marketplace has competition coming from all directions. Prospective members have more options than ever to manage their personal…

For the first time ever, THINK 18 will feature a THINK Crashers program, bringing together rising stars in the credit union industry and connecting them with credit union leaders. Young…

The events revealed so far in the emerging Facebook and Cambridge Analytica story, may not be a data “breach” but nevertheless serve as a wakeup call to millions sharing personal…

As a business owner, you likely already spend a significant amount of timesearching for and hiring employee leaders. Once you have the right people in your employ, you want to…

One of the toughest questions I’ve dealt with since I’ve been with the Association is this seemingly straight forward one: Does my credit union have to comply with the GDPR…

From myriad books to online resources, there is no shortage of material attempting to define what makes a leader great. But however many of these resources your comb through, there…