When it comes to the unexpected, it’s hard to feel proactive. Natural disasters are overwhelming, unexpected, and can change quickly. Service delays can be compounded as business operations stall, mail is delayed, and populations [...]
Loan growth, resource deficiencies, and increasing regulations are some of the pain points financial institutions are currently feeling. Additionally, state by state regulations on rate caps are causing lending confusion, subprime originations are down, and [...]
There’s no denying it: Digital communication tools aren’t going away post-pandemic. Digital communication tools helped serve members during the pandemic and kept them connected to your brand. These tools enhance and deepen communication [...]
Artificial intelligence used to be something unimaginable, a futuristic science fiction trope. But in 2021, it’s not a matter of when the future will get here. The future is already here. Artificial intelligence is [...]
Last month, the Internal Revenue Service (IRS) announced 2020 federal income tax filing deadlines for individuals would be extended from April 15 to May 17 in response to the ongoing recovery efforts surrounding the COVID-19 [...]
“Through this recovery, continuing to put our finger on the pulse and look at the data we have at our disposal is enormously important to see where insurance or uninsured trends are heading and how [...]
While there is a lot to be optimistic about in 2021, it’s important credit unions take realistic precautions regarding risk and recovery management. There is much uncertainty regarding the true state of the economy [...]
Managing risk in an increasingly regulated environment creates new challenges for financial institutions, particularly in the regulatory landscape surrounding cancelled ancillary products. Financial institutions are navigating legal challenges and enhanced regulatory oversight. It’s important [...]
NCR recently announced an increase in physical ATM attacks is being seen nationwide across the United States. These physical attacks have included: using heavy-duty vehicles to attack safe doors, use of explosives to breach the [...]
Requesting and verifying proof of insurance from borrowers can be difficult. However, investing in digital tools can help your lending institution establish a more efficient and effective process for requesting insurance verification from your borrowers. [...]
Many credit unions projected 2020 to be a transformative year. Rising competition, evolving digital technology, shifting consumer expectations, and expanding regulatory demands all played a significant role in anticipated strategic growth initiatives. Digital transformation was [...]
2020 was quite the year. Full of surprises and unprecedented challenges brought on by the COVID-19 pandemic, yet our industry continues to adapt to meet evolving market needs. Looking back at our most read content, [...]
In 2020, we launched a brand-new, fraud-focused webinar series, “Let’s Talk Fraud.” During these webinars, Allied’s fraud experts answered credit unions’ pressing fraud questions. Here are the top 5 fraud topics we were [...]
In October, Allied Solutions’ CEO, Pete Hilger, moderated a panel on “The State of the Auto Financing Market” for NAFCU’s Virtual Lending Conference. During this conversation, James Schenck, CEO of Pentagon Federal, and Tom [...]
You’re invited to join us November 9-11 for a three-day Road to Recovery webinar series event. The road to recovery starts with your members. Your community is counting on your support to help manage [...]
