Youth financial literacy: The foundation of a successful financial future
“You can’t teach an old dog new tricks.” I’m sure we’ve all heard it before. The old saying simply describes how difficult it can be to change ...
The latest from John Pettit
Optimizing the Hispanic digital experience
Digital transformation is the new buzz phrase across many industries, including financial services. And while optimizing consumers’ experience should be the focus of digital transformation, a successful strategy isn’t ...
CUNA, trades call for legislation with strong merchant security requirements
Major merchant data breaches continue to put millions of consumers at risk, CUNA and other financial trade organizations wrote in a joint letter Tuesday. The joint letter was sent to ...
Treasury, OCC announce fintech news, ideas supported by NAFCU
Sharing many ideas put forward by NAFCU, the Treasury Department on Tuesday released a report detailing ways that Congress and regulators could aid the growth of fintech companies. Also yesterday, ...
4 ways to deepen member relationships
Increasing member share of wallet–the amount of business a member does with your credit union versus banks or other financial services companies–is a constant battle. In the CUNA ...
A new solution to detect phony cards
A new technology is being tested to battle counterfeit cards at the point of sale–it detects fake cards by how they are encoded. Analysts say that the solution may ...
The countdown to CECL has begun
Credit unions are counting down to an accounting sea change. New current expected credit loss (CECL) standards will take effect at the end of 2021 for all financial institutions. Credit ...
Financial marketers must ditch ‘bank speak’ to boost usage of mobile banking apps
Does your mobile banking app leave some people wondering scratching their heads? Do they get lost? Confused? Stuck? While smart design, robust security, cutting-edge features are all ingredients that go ...