Gear up for open banking
Open banking is coming to the U.S. Although this claim is now approaching conventional wisdom, the consensus extends no further. Diverging views abound on how soon it will arrive, ...
The latest from John Pettit
How to avoid 1%-3% drop in payments income
Credit unions that have been content to sit back and make up for declining debit swipe fees with greater volume should more closely manage their debit program or expect a ...
Spring break is here. It’s time to ditch cash.
Spring Break 2018 is here, and travelling is the number one way to spend the week off. Travelling to international destinations is a popular spring break activity. And according to ...
How EMV technology affects financial institutions
We hear a lot about EMV technology these days. In the U.S. alone, 13,000 U.S. financial institutions issue EMV-enabled cards and 450 million EMV cards were in ...
Maximum number of ACH deposits for tax refunds
It is that time of year, so let’s talk about Automated Clearing House (ACH) direct deposits for tax refunds. Recently, we received a great question from a credit union ...
Financial institutions aren’t prepared for the digital revolution
Chris Skinner is one of the foremost influencers in the financial services industry, being both a highly prolific speaker as well as the author of several books, including Digital Bank ...
3 powerful credit union marketing ideas for 2018
Credit unions may not be able to compete marketing-dollar to marketing-dollar with megabanks—but, thankfully, they don’t have to. Sometimes simpler is better, especially if that simplicity reflects the ...
CUNA, CU priorities addressed in omnibus spending bill
House and Senate negotiators released their fiscal year 2018 omnibus spending legislation Wednesday, which contains many wins for credit unions. CUNA again won a battle in the bill to keep ...