The latest from Chad Davis

Aug 26, 2022 - by Chad Davis, F5

Key takeaways from the 2022 State of Application Strategy Report: Financial services edition

Credit union leaders in 2022 understand that transitioning to a digitally enabled financial institution, free from the proverbial 3-ton anchor of legacy technology, is an extremely complex and expensive undertaking. ...

Mar 18, 2022 - by Chad Davis, F5

Fines for compliance breaches decline in 2021 for financial services but challenges remain

Compliance challenges and associated fines impact credit unions every year, even the most mature ones. That’s why I was surprised when I recently saw a report citing that global ...

Aug 4, 2021 - by Chad Davis, F5

It’s time for the next wave of digital transformation in banking and financial services

It’s no secret that banking and financial services organizations are heavily focused on meeting and exceeding changing customer expectations by accelerating innovation and app modernization. In fact, according to ...

May 5, 2021 - by Chad Davis, F5

Why open banking regulations and security matter to credit unions

Account holder digital expectations are often being driven by innovative fintechs and credit unions have turned to open banking as an effective way to meet this demand through partnerships with ...

Feb 16, 2021 - by Chad Davis, F5

Rise in fraud measures inadvertently impacting member experience

Organized crime rings have had their sights set on the credit union industry with sophisticated and automated attacks for several years. Credit unions are seeing an increase in automated attacks ...

Jul 27, 2020 - by Chad Davis, F5

As the cloud wins over the financial sector, keeping customers secure requires technology and talent

Digital disruption has arrived for notoriously cautious financial services firms. Applications are one of the most important competitive differentiators in the industry today, powering everything from accounting systems to transaction ...

Mar 10, 2020 - by Chad Davis, F5

‘Do more, faster’ to improve branch sales

Newcomers in the financial services industry are grabbing a lot of attention these days as they push their way into what had been a fairly staid sector up until just ...

Jan 16, 2020 - by Chad Davis, F5

The branch as differentiator in a changing banking landscape

For decades, community banks and credit unions were the go-to providers of home and auto loans, checking and savings accounts, and other financial services for many consumers. In recent years, ...