Application programming interfaces have been around for more than two decades, but their importance is only growing, at least according to 88% of IT banking executives in areport done by…
From his position as Product Manager atUmpqua Bank,Ben Vegajoins us to shed some light on the challenges and benefits of cross-pollinating data and technology, tailoring services to meet unique needs,…
After nearly a decade of development, FedNow has finally arrived. Although there are several private-sector real-time payment options currently available, including the Real-Time Payments (RTP®) network and Zelle®, FedNow is…
Personal financial management tools built into mobile banking and credit card apps are rapidly becoming a table stakes item for financial institutions. The implications are serious for a variety of…
CUNA, the American Association of Credit Union Leagues, and National Association of Federally-Insured Credit Unions filed abrief with the U.S. Supreme CourtMonday inConsumer Financial Protection Bureau (CFPB) v. Community Financial…
NAFCU’s largest advocacy event of the year –Congressional Caucus– is just two months away. The conference amplifies the industry’s voice by gathering hundreds of credit union leaders in Washington, D.C.,…
Credit union executives must activate the significance of “relevance” as critical to the sustainability of the cooperative, not-for-profit business model. The question we must ask is “How are you incorporating…
"What else is possible?" Devin Henderson believes successful people, leaders, and teams consistently ask themselves that question. The motivational speaker spread the message that "something greater is always possible" toCUNA…
It's no longer enough for credit union contact centers to simply answer questions and resolve issues. To remain competitive and ensure sustained growth, credit unions need to transition their contact…
New and used car prices, sky-high interest rates and the looming impacts of inflation. Director of Finance Company Markets, Suzi Straffon, breaks down the latest trends in Auto Finance.
As in many get-out-the-vote campaigns, the focus was on a small group deemed likely to decide the outcome. But the voters in this case were not picking a political candidate.…
“Why can’t my team handle anything without me?” This is a question I hear a lot in my work with credit union leaders and throughcredit union strategic planningevents. It’s a…
As big box retailers push Congress to impose more government mandates on card payment systems and interchange, anew study revealsthe continued negative impact of interchange legislation on consumers, small businesses,…
New data from the Bureau of Labor Statistics revealed 209,000 jobs were added in June, with a decrease in the unemployment rate to 3.6 percent.NAFCU Chief Economist and Vice President…
It was a sunny spring afternoon in 2022 when Jed Meyer, president/CEO of $327 millionSt. Cloud Financial Credit Union, St. Cloud, Minnesota, first saw a post on LinkedIn fromMontana’s Credit…
CUNAjoinedwith five other nationaltrade organizations to expressconcern with the Consumer Financial Protection Bureau’sstatementon abusiveacts or policies– including thedeviation from statutory requirements and failure toprovideclear guidanceregardingabusive acts or practices. “Responsible providers…
If there’s one thing almost everyone can agree on, it’s this—you don’t want to pay more for a car than you absolutely have to. That’s why, in addition to getting…
I’m 78 years old. Many requests for donations to support various organizations from prior years now come with a special option: become a legacy member. These institutions cover the entire…
Increasing economic uncertainty has triggered significant changes in consumer behavior. The far-reaching effects of the pandemic's impact on the economy have driven over 80% of consumers to adopt behavioral changes.1These…
Threenagers are some of the most difficult people to please. Trust me, we have one. She’s bossy. She mocks us. She’s super impatient and messy. I for one wanted to…
Traditional banking providers and their digital competitors have become intertwined for consumers, who don’t want to give up either one. Instead, they are opting to use multiple financial services companies.…
The Federal Reserve Bank of New York’s New York Innovation Center Thursdaypublished a reporton the feasibility of an interoperable network for wholesale payments operating on a shared multi-entity distributed ledger.…
For Spectra Credit Union, diversity, equity, and inclusion is not a new initiative. In fact, Spectra CU’s team comprises 60% of people of color and 65% of women. With a…
Credit union champions are taking to social media on Friday, July 28, to tell the world why they love their credit union. The Illinois Credit Union League is back for…