Using disruption for good

3 ways a smart regtech strategy creates opportunity for credit unions.

For any business, the threat of industry disruption can loom large on the minds of those in charge.

What’s the next big thing? Will we be ready? How will we adapt? What does success look like? How do we get there?

But in 2020, most thriving credit unions have embraced the first wave of digital transformation disruption as technology advances. With the current health crisis driving even more demand for digital delivery of financial services, you’re probably finding that your credit union has to be even more open to change that before—that is, agile and maybe even industry-leading in technology adoption.

But there is a silver lining in the disruption of new technology and even in the scrambling that comes from outside market forces like the COVID-19 pandemic. In fact, why not see disruption as an opportunity?

 

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