Both the House and Senate are in session this week and will be conducting several hearings of note to credit unions. On Wednesday the House Ways and Means subcommittee on oversight will conduct a hearing [...]
Total retail sales increased 0.5 percent in May, and April's sales growth was revised upward from -0.2 percent to +0.3 percent. NAFCU's Curt Long noted that strong gains in consumer spending may [...]
After I graduated from college in 1983, I moved forward with my plans to pursue a career in banking without any specific ideas of which aspect of the business was most attractive to me. I [...]
Almost half of Americans are willing to make payments through their watches or other wearable devices, but security concerns are stopping most people from actually doing it, according to new research from payments technology company [...]
As much as is possible, Apple Federal Credit Union does the heavy lifting when it comes to bringing staff members up to speed on new technologies—which isn’t to say the credit union’s [...]
Visa’s “Everywhere you want to be” tagline has never been more of a reality than it is today. Devices that enable payments — voice assistants, smartphones and watches, connected appliances and cars — have taken the [...]
I’m not a zealot when it comes to video games. There’s only one game that I play on my son’s Xbox, and that’s FIFA 18 (soccer). Most often, I’m playing [...]
Every year since 1995, analysts, investors and media look forward to Mary Meeker’s report on the state of the internet. The 333-page “Internet Trends 2019” report is filled with vast amounts of insight into [...]
Welcome to episode 25 of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder and publisher of CUInsight.com. Today’s guest is Linda Bodie the president and CEO of Element Federal Credit Union in [...]
“We are a pride of lions,” the Chief People Officer said. “Everyone participates in the hunt. We run down our prey together.” He was proudly describing the new work culture senior leadership was trying to [...]
Recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published “A Framework for OFAC Compliance Commitments” to help organizations—including credit unions—take a risk-based approach to developing a [...]
Training in martial arts isn’t easy. Same with any other sport or activity. Beginners think, “wow, everyone is so far ahead of me…how could I ever do that?” As a reader of this [...]
Credit unions are leading the call for data security legislation because they are “painfully aware” of how lax security can harm individuals’ financial security, CUNA Senior Director of Advocacy Lance Noggle wrote in Credit Union [...]
The Federal Reserve is hosting a webinar June 25 to update members of the Fraud Definitions Community Interest Group on efforts by the new Fraud Definition's Work Group. The work group was launched in March [...]
Lauren Culp, Filene Research Institute’s Cooperative Trust manager, described four 21st-century credit union models derived from research the Madison, Wis.-based “think and do” tank conducted. She addressed the CUNA National Young Professionals Conference [...]
