News Archives

4 signs you have a valuable repossession partner

4 signs you have a valuable repossession partner

Repossession is an unpleasant business that is generally the result of a string of bad events or circumstances, often out of your borrower's control. It's a last resort effort for most financial institutions and, even [...]

8 ways to grow deposits by empowering business bankers

8 ways to grow deposits by empowering business bankers

Deposit growth is hard, and it’s only going to continue getting harder. Non-interest-bearing deposits at banks and savings institutions declined by 2.3% in the third quarter of 2018, the largest quarterly decline since [...]

CUNA’s CU, economic forecast shows strong economy in 2019

CUNA’s CU, economic forecast shows strong economy in 2019

Credit unions will continue to benefit from the relatively strong economy in 2019, but credit union performance could revert toward longer-term trends in coming months, according to the latest CUNA Economic and Credit Union Forecast [...]

NAFCU calls on CUs to share stories, urge end of shutdown

NAFCU calls on CUs to share stories, urge end of shutdown

As the partial government shutdown enters its second month, NAFCU has launched a new grassroots campaign that allows credit unions to directly contact their representatives and senators. NAFCU is encouraging credit unions to share how [...]

Privacy regulator fines Google $57 million

Privacy regulator fines Google $57 million

France’s data privacy regulator, The National Data Protection Commission, fined U.S. tech giant Google €50 million ($57 million), the initial CNIL penalty under the EU’s General Data Protection Regulation. CNIL said it [...]

Get creative with member service

Get creative with member service

My family recently went to Home Depot to get paint. It wasn’t just any paint. The die hard “Doctor Who” fan in my home decided to paint his bedroom walls Tardis blue. It was [...]

Get ready to tap to pay with Visa at Target

Get ready to tap to pay with Visa at Target

Visa cardholders soon will have the ability to tap to pay at checkout at all Target stores across the United States. Tapping to pay with a contactless-enabled card, phone or wearable device simplifies the checkout [...]

Six major trends in lending for financial marketers in 2019

Six major trends in lending for financial marketers in 2019

1. AI-Powered Consumer Lending Fintech lenders are making inroads into banking markets by harnessing advanced analytics and non-traditional data as they automate and fine-tune underwriting processes, notes a report by CAPCO. There’s no reason [...]