The wallet wars: Payment trends and takeaways
We may never be ready for economic turbulence, but are you prepared? If you’ve ever brought home a new pet, child, or other addition to your family, you know it’s nearly impossible to [...]
We may never be ready for economic turbulence, but are you prepared? If you’ve ever brought home a new pet, child, or other addition to your family, you know it’s nearly impossible to [...]
As interest rates continue to rise, credit unions are likely to experience an ongoing rise in delinquencies and collections. In this economy, this can be a significant challenge for credit unions, as delinquencies and collections [...]
Thank you for tuning in to episode 54 of The CUInsight Network, with your host, Lauren Culp, Publisher & CEO of CUInsight.com. In The CUInsight Network, we take a deeper dive with the thought [...]
Fintechs came onto the scene over a decade ago, and ever since digital transformation and optimization have been buzz words in the banking industry. The emphasis on digital transformation picked up speed after the financial [...]
The need for deposit solutions is on the rise. Allied Solutions' Charlie Peterson breaks down traditional and non-traditional solutions to help Credit Unions navigate turbulent economic times.
Wonky. It’s a fun word to say. And even though it may not be a word you use in your every day, it’s one of those words that can really sum up a [...]
Banking just isn’t the same as it used to be – products, people, and technology have all evolved. While at the end of the day the goal is the same (more people, more deposits, more [...]
“CECL becomes effective for federally insured credit unions for financial reporting years beginning after December 15, 2022. Required regulatory reporting will begin with the March 31, 2023 Call Report. Institutions may adopt the standard sooner.” [...]
The credit union industry has faced many challenges in recent years, including a persistent period of high inflation, rising interest rates, compressed income margins, and stagnant demand in the economy. This economic phenomenon has been [...]
Let’s talk about science, or more specifically, your psyche. Yes, this blog that is generally about finance is pivoting for just a moment, but bear with me, we’ll get back to your regularly [...]
Liquidity Crisis has become a term all too familiar over the last several months. The increase in demand and decrease is liquidity supply is leaving some credit unions feeling a bit panicked. While it’s [...]
You’ve heard the saying, “Every day is a school day” and 2022 held no shortage of intense learning, education-on-the-spot scenarios for the fraud and bond arena. We experienced a surge in cybersecurity threats during [...]
Today, we’re recapping the top stories from 2022 with Allied Solutions’ Senior Vice President and Chief Growth Officer, Mark Bugalski, as well as outlining Top Trends for 2023.
Rising inflation. High vehicle prices. Escalating monthly payments. These conditions are leading to financial stress for borrowers, and as a result, loan defaults are increasing. Lenders are in a precarious position to support borrowers while [...]
At this point, most of us are familiar with the Great Resignation that catapulted in early 2021. Employees seemingly revolted across the country, uniting against the workplace status quo following the changes and challenges of [...]