In the early 2000s, as overdraft processing was evolving from a back-office burden into a full-blown business line and revenue stream, it seemed that everywhere you turned there were vendors lining up to offer the “[...]
The Industry’s Most In-Demand Event for Credit Union Executives! September 18, 2018 - The Westin Denver International Airport Attend our one-day educational seminar delivered by seasoned, knowledgeable presenters with decades of experience. You will [...]
1. You don’t think your members need it Perhaps many of your branches are in affluent areas and you’ve concluded that your members don’t often find themselves in need of short-term credit. [...]
Wondering whether you should invest in small business lending software? Here are 10 signs it’s time to make the investment! 1. Your current process takes weeks or months: Does this sound familiar? Your potential [...]
Americans need access to cash American consumers lack enough savings to cover emergency expenses and have spent billions of dollars to obtain expensive, high-risk sources of liquidity. The low-income, underserved community struggles with poor credit [...]
Complimentary Webinar May 30, 2018: 2:00pm – 2:30pm ET Hosted by NAFCU Presented by Velocity Solutions CEO, Christopher Leonard Click Here to Register Americans need access to cash American consumers lack enough savings to [...]
In 1973, “Three Is a Magic Number" premiered as the pilot episode of the “Schoolhouse Rock!” series developed for Saturday morning children’s programming on the television network ABC. The title song and its accompanying [...]
The Industry’s Most In-Demand Event for Credit Union Executives! Chicago - May 1, 2018 Attend our one-day educational seminar delivered by seasoned, knowledgeable presenters with decades of experience. You will discover the most innovative [...]
Last month, we explained that the right overdraft program should be simple and transparent, so that you can clearly understand the specific factors, trends and overrides that determine the overdraft limit. You should understand exactly [...]
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 finances: competing credit [...]
Do you really understand how your overdraft management program calculates overdraft limits? It shouldn’t be a mystery. Once data goes into your system, which then outputs an overdraft limit, you should be able to [...]
American consumers need access to cash There are staggering new statistics every day about the personal financial struggles faced by American consumers. Just last month, Bankrate.com reported that “Only 39% of Americans have enough [...]
It’s a New Year! It’s a great time to take a close look at your overdraft management program and its role in helping you achieve your credit union’s goals for 2018 and [...]
The Fed is feeling confident about the economy and has indicated that we have “emerged safely¹” from the financial crisis. As a result, they are poised to raise interest rates in December. The opportunity for [...]
It’s hard to believe it’s been seven years since the forming of the CFPB, but it’s easy to remember what fueled its creation - a financial crisis that Americans hadn’t seen [...]
