Top 10 technology posts of 2021
As we continue our look back at the top community posts from this year, payments and innovation were two of our most popular topics. Here’s a look at the top ten technology posts from 2021…
4 ways credit unions can address key person dependency risk in IT
by MARY BETH HAMILTON, DATAPRISE
When it comes to Business Continuity and Disaster Recovery, the disaster event scenarios that often come to mind are data breaches, natural disasters, and, more recently, pandemics. One aspect of BCDR that often gets overlooked, however, is key person dependency risk, and specifically… (read more)
Preparing your credit union for Gen Z
by ANTHONY FATTORE, BILLINGTREE
We’ve all watched as millennials took center stage as the countries dominant spenders. However, this got many credit unions thinking about what comes next. How can credit unions better serve Gen Z when it comes time for them to take the reins and start creating businesses, buying homes… (read more)
Gen Z’s three financial trend predictions for 2022
by KARINNE STRIKOWSKI, ZOGO
An NFT (Non-fungible token) is a unit of data stored on a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs are virtual items designed to be unique and provide real financial value at the same time; such as artwork, music, a video clip, or tokenized tweet… (read more)
The problem with visualizing credit union data
by MORIAH TAYLOR, CUCOLLABORATE
Data visualization is a powerful analytical tool leading to meaningful insights but depending upon the data your credit union is using, visualization can be challenging. Credit union data, like other types of financial data, is incredibly skewed because credit unions range in asset size from $20,000 to more than… (read more)
4 lessons baseball’s Billy Beane can teach credit unions about growth
by JOHN JANCLAES, NYMBUS
April 1 is Major League Baseball’s opening day. It’s a time for fresh starts and unchecked optimism. And while my hometown team happens to be the 2020 World Champions, growing up a Los Angeles Dodgers fan taught me that the path to victory can be a winding one… (read more)
Identity theft: 8 shocking facts you need to know
by KRYSTAL RENNIE, ADLUMIN
Credit unions are responsible for securing sensitive data and information for millions of people daily. Hackers, however, have doubled down on their skillset and targets, making the financial industry their top priority. How daunting is it to know that without proper security, the sensitive data of millions… (read more)
How U.S. consumers are shifting their credit card and debit card usage when shopping online
by MATT CARPENTER, ELAN
The past year has brought changes and adjustments to almost every aspect of daily life. The way we socialize, exercise, entertain ourselves, and conduct the most basic daily activities have all changed. As consumers attempted to socially distance and stay home, one area that was particularly affected was shopping… (read more)
How to create a seamless physical-to-digital branch experience
by JAMIE COSGROVE, PODIUM
Dramatic shifts in the last few years have left credit unions and banks pivoting to meet new customer expectations, digital transformation requirements, and updates to the member journey. And with the changes from COVID-19 likely to impact the member experience forever, there’s never been a better time… (read more)
Making data meaningful: The data management framework
by MERRILL ALBERT, TRELLANCE
These days, data is its own currency. It can help you better understand your members, forecast upcoming trends, and make better business decisions. And those better decisions can translate directly into better profits. According to PwC, companies who fully exploit the potential of data they already have can reduce… (read more)
How Robinhood was able to get Gen Z interested in investing
by BOLUN LI, ZOGO
If you were to ask Generation Z the following question – “If you had some extra money to invest, which platform would you use?” – I can assure you that the majority of them would say Robinhood. The stock trading app prides itself on its friendly and approachable interface, coupled with the company’s overall… (read more)
