In today’s ever-shifting economic landscape, credit unions continue to play a pivotal role in providing affordable financing options for individuals and businesses, remaining resilient in the pandemic’s wake. With the liquidity challenge now [...]
As more of Generation Z become adults with their own financial independence, credit unions face new challenges in reaching this tech-savvy and socially conscious cohort. Born between the years 1997 and 2012, Gen Z-ers tend [...]
As a credit union, you need more than excellent financial services to wow your member base. You also need exceptional member satisfaction. One way to do that is by partnering with fintech companies to provide [...]
If you’re responsible for the success of marketing and communications at your financial institution, the importance of digital signage isn’t something to overlook. Well-crafted digital signage not only improves the client experience and [...]
The word is out on expectations for a recession in 2023, and according to the Credit Union National Association (CUNA) the downturn may just be light enough for credit unions to escape with minimal damage. [...]
Cybersecurity is a must for modern organizations whose digital initiatives and remote work have extended the IT infrastructure – and the attack surface. An effective defense against evolving threats requires skills and know-how to manage complex [...]
Voice authentication is rapidly becoming the preferred method of verification in contact centers to balance member experience and fraud prevention. According to research from Aite Novarica, over 60% of fraud losses from account takeovers involve [...]
Businesses that have survived the pandemic are now facing inflation at a 40-year high and a potential recession. More small business owners are turning to loans for working capital to cover rising operating costs, purchase [...]
Millennials are undoubtedly the demographic cohort that is setting the stage for significant changes in the immediate future of consumer banking. Millennials: Will make up 72% of the global workforce by 2025 Want to bank [...]
The three words that define future mediocrity are "we're doing fine". It would be difficult to dispute that the financial world has changed dramatically over the years, and today the speed of change has accelerated [...]
In the aftermath of Hurricane Harvey, we can all agree that the most important objectives are aiding the victims and rebuilding what was lost by those affected. However, from a credit union perspective, it also [...]
While Silicon Valley likes to focus on how the next startup will “disrupt” an entire industry, most of the exciting new trends in business technology are actually attempting to do the opposite – help industries become [...]
Q: What are some ways a multi-generational workforce impact the banking and credit union industry? A: For the first time in history, we have four generations working side by side. It is important to understand [...]
I have survived over 36 years in the advertising and marketing industry. Even now I can still remember vividly the smell of ink and bromide as I walked to my desk on my first day [...]
As you probably already know, the FFIEC released its Cybersecurity Assessment Tool (CAT) on June 15, 2015. The tool is intended to be a self-study by the organization, to determine if their maturity level matches [...]
