In today’s continually challenging economic landscape, more and more credit unions are becoming acutely aware of the potential impacts – and fallout – defaulting and delinquent borrowers pose. With the U.S. economy continuing to be [...]
Life insurance is a crucial aspect of financial planning, providing a safety net for individuals and their loved ones. In recent years, the mid-market segment has gained prominence in the life insurance industry, showcasing its [...]
It’s no secret that connecting with younger members is essential for the industry’s future, but it can be a challenge. Gen Z expects a top-notch digital experience, desiring everything at their fingertips and [...]
Credit unions, like people, have varying strengths in different kinds of intelligences. Traditionally, the credit union creed of people helping people gave the industry strong roots in Emotional Intelligence (EI). With modern applications of Artificial [...]
Insurance is a critical component of financial planning, helping provide peace of mind and security for families. For many, purchasing insurance seems daunting, but it doesn’t have to be. Investing in an integration strategy [...]
In today’s shifting consumer finance market, loan delinquency remains a significant concern for both lenders and borrowers alike. As economic conditions fluctuate and societal dynamics shift, understanding the intricacies of delinquency rates across various [...]
The credit union industry is at a pivotal moment, where integrating AI can help rejuvenate its traditional practices. Credit unions find themselves needing to constantly adapt to the evolving needs of their members. Amid the [...]
The legacy organizations that are thriving in the Experience Age are those that have mastered strategic pivots. From reengineering conventional products to reconfiguring entire business models, the changes these winners are making are all in [...]
Preparation is paramount for first-time homebuyers embarking on the journey of homeownership—especially for members in underserved populations and communities who may be the first in their families to purchase a home. Fortunately, credit unions [...]
Fintechs have disrupted the status quo by offering streamlined digital solutions that challenge traditional banking models, empowering individuals and businesses with greater control over their finances and democratizing access to financial services. With a focus [...]
Lending is the lifeblood of the economy, facilitating investments, consumption and economic growth. However, lending activities are inherently tied to the prevailing economic conditions, with shifts in economic indicators impacting borrower behavior, creditworthiness and lender [...]
Money matters are top of mind for a lot of people today. Clickable economic headlines, charismatic financial influencers and the rising costs of nearly everything are definitely contributing to consumers’ increased financial anxiety. Worry often [...]
As we step into the new year, the industry is met with an elevated volume of new developments and trends that are accelerating at breathtaking speeds. Credit unions find themselves navigating a landscape shaped by [...]
Recent economic and market data tells us 2024 will bring slow but steady economic growth and possible interest rate reductions. The Fed will continue to battle inflation with a balanced approach to interest rates in [...]
The term embedded finance gets thrown around a lot. But what does it really mean? A simple definition might look something like this: the opportunity to integrate financial products and services right into the customer [...]
