On today’s episode, we delve into the fascinating world of cryptocurrency, a rapidly growing and transformative technology. With an estimated 46 million Americans now owning cryptocurrencies, it’s clear that this…
Last week, the National Credit Union Administration (NCUA) held its July board meeting, which featured a unanimous vote by the board to approve afinal rulewhich will implement the Credit Union…
Recent bank failures in the United States have raised concerns with individuals and businesses alike. On March 10, 2023, Silicon Valley Bank failed after a bank run, marking it the…
The African-American Credit Union Coalition (AACUC), inducted seven credit union leaders into its African American Credit Union Hall of Fame Induction Ceremony during the 25th Annual AACUC Conference in Stone…
The oral arguments for the CFSA v. CFPB Supreme Court case have been scheduled forOct. 3.Earlier this month, NAFCU, CUNA, and the American Association of Credit Union Leagues (AACUL) filed…
In today's fast-paced digital landscape, credit union members prioritize speed above all else. They desire the convenience of managing their essential financial affairs effortlessly, anytime, anywhere, and on any device.FedNow,…
Much ink has been spilled over the impending decline of the branch. As consumer preferences have shifted to digital banking, both via mobile apps as well as online, conventional wisdom…
Want the easiest way to increase sales by up to 21%, lower turnover rates and increase market share by 25%? If you’re reading this and thinking, ‘This is too good…
At the start of 2023, credit unions with calendar year end financial statements were required to adopt the Current Expected Credit Loss (CECL) methodology to quantify life of loan charge…
Customers are interacting with banks and credit unions across a wide array of touchpoints these days, including chatbots, social media, email, mobile apps, websites and traditional call centers. Having all…
What comes to mind when you hear the word genius? Wild white hair? A slight German accent? Well, your bank or credit union doesn’t need to hire an army of…
Keep interchange bill out of NDAA Senators are making a hard push to gather support for attaching the big box interchange bill to this year’s National Defense Authorization Act (NDAA).…
Have you ever been extremely nervous about conducting a job interview? Didn’t know what you were going to say or what you were going to ask? It is expected that…
Apple began phasing in its buy now, pay later service in late March and research by J.D. Power shows it has taken off like a rocket. In a survey of…
In 2025 and 2026 there will be significant mandates and changes impacting ATM’s for credit unions. Envisant, in partnership with Meirtran, is here to help. In 2025, ATM’s will need…
CUNA and the National Association of Federally-Insured Credit Unions (NAFCU) provided technical recommendations Friday on the Community Development Financial Institutions (CDFI) Fund’s Certification Application and Certification Agreement. The CDFI Fund…
Uncertainty and volatility seem to be the only consistent elements in the post-COVID economy. So, how do you adequately measure the financial impact today’s economic landscape will have on your…
Do you ever think about how many places have a copy of your ID stored somewhere in their database? I can’t even begin to count the number of times I…
Artificial intelligence (AI) is revolutionizing the way we live and work. Unfortunately, though, it’s also revolutionizing the way scammers play their games. Here’s what you need to know about AI…
Have you ever wondered what the testing process is like for new or enhanced software? Having a background at both a credit union and in the Quality Control area of…
In recent years, the need forinstant paymentshas grown. After all, when you can do your banking 24/7/365 from any device and in any location, why should you have to wait…
When it comes to credit union social media engagement, there’s a common experience many marketers have. You post something on social media and eagerly await all the likes and comments…
ChatGPT picked up 100 million users within two months of its November launch, a feat that drew comparisons to TikTok. TokTok, a social media app for sharing short videos, had…
The Federal Reserve Thursday announced itsFedNow Service is live. “Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers,…