Your members are worried about their financial well-being—and who can blame them? This past year alone, COVID continued to wreak havoc, inflation reached a four-decade high[1], and recession has been a looming threat. [...]
Guaranteed Asset Protection (GAP) is attractive to members as a vehicle protection product. But what happens after the product is sold? Credit unions are grappling with the growing legislation around the life cycle - particularly [...]
P2P online and payment app fraud attacks continue to rise within financial institutions across the country. Listen as Ann Davidson of Allied Solutions sits down with Randy Salser to speak in-depth about P2P online and [...]
Recent trends in the auto lending market have unlocked a unique opportunity for credit unions to help both existing and new members save money on their car loans, especially during periods of financial uncertainty. Due [...]
Women in the US are much less likely to have life insurance than men. According to 2022 research from LIMRA, 47% of US women aged 18-75 own life insurance compared to 58% of men. Information [...]
Responding to the pandemic forced financial institutions to accelerate years of progress into the span of just a few weeks; now the growing pains and disruption are just beginning. That was one of the key [...]
Who could’ve predicted the past few years and what they would mean to all of us financially? According to a recent Consumer Affairs study, 50% of Americans are struggling to pay their bills on [...]
In this episode, we are joined by Mike Umscheid, CEO of ARCSys. Mike is an expert in everything CECL and will be touching on what CECL means for Troubled Debt Restructuring (TDR). There have been [...]
Financial institutions across the country are experiencing the rise of fraud, particularly in the area of card fraud. As touchless payments and online transactions increase, the type of card fraud is switching from primarily card-present [...]
I recently posted about the research results our friends at Blend and Aite-Novarica shared regarding the homebuying experience. They surveyed more than 2,000 American consumers with a recent home-mortgage purchase, and then spoke directly [...]
In an ever competitive landscape, embedded finance is what many are seeing as the next point of evolution in the consumers’ digital experience. As financial institutions, credit unions should heavily consider it as part of [...]
Financial institutions across the country continue to experience card-not-present (CNP) fraud at an alarming rate and it is not stopping. Currently in the top fraud spot, this type of fraud occurs online and involves both [...]
New mechanisms for storing and transferring value are being introduced at a dizzying pace. An ever-widening array of options to earn and spend entirely in the digital world makes the cash-or-check world seem like a [...]
In my last post on this topic, I shared some of the survey results and insights on the evolving homeownership journey that Blend delivered in their last webinar. With all the recent shifts in the [...]
In this podcast, we hear from Christopher Leonard, CEO of Velocity Solutions about the many changes in the overdraft landscape. He shares ideas for how credit unions can provide responsible and compliant liquidity options for [...]
