The beginning of a fresh new year is always exciting. You’re starting on new projects after taking the time to evaluate the successes of 2018, looking at the potential for the next twelve months, [...]
The pace at which technology is changing is constant and rapid. Today’s borrowers want an intuitive, easy-to- use option for applying for a mortgage loan digitally. Borrowers are used to doing almost everything on [...]
The U.S. Supreme Court on Monday declined to hear a case challenging the constitutionality of the CFPB’s structure. As always, the court gave no reason for refusing to take the case. Courts have [...]
Claims regarding the impact of artificial intelligence (AI) on banking are getting out of control. Claim #1: [Financial] institutions will turn AI-enabled back-office operations into external services, both accelerating the rate at which these capabilities [...]
Although the Consumer Financial Protection Bureau (CFPB) had slowed its enforcement actions considerably in 2018, several actions have come out of the bureau in the last few months including a recent settlement with USAA Federal [...]
From the outside, the banking industry looks as strong as it has since the financial crisis of 2008. Banks have benefited from a modest increase in interest rates, continued strong loan demand and relatively calm [...]
As a credit union leader, you may be asking yourself, Can I afford to implement artificial intelligence (AI) applications now? Is it a must-have? Is it going to have a measurable impact on my business? [...]
New years resolutions are being made, goals are being set, ‘new year, new me’ is trending and I couldn’t be more excited. I love this time of the year, likely because I geek out [...]
NCUA outlined its primary areas of supervisory focus in its first Letter to Credit Unions (19-CU-01) of 2019. The letter also contains information on full implementation of an extended exam cycle in 2019. Agency examiners [...]
Welcome to episode one of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder and publisher of CUInsight.com. In each episode we’ll have wide ranging conversations with thought leaders from around the credit [...]
The partial government shutdown has now become the longest funding gap in U.S. history. The House and Senate this week will continue work to try to come to an agreement to fund roughly a [...]
As of the time I am writing this, we are now 19 days into the Government Shutdown. While it’s true that the federal workers who are affected by the shutdown will eventually get paid, [...]
Credit unions aren’t just “cheaper banks”, nor are they “banks owned by the people”. They’re unique community institutions. At least, I still believe this. Do you? This article dives into what happens after [...]
News of credit unions assisting members continues to pour in as the government shutdown heads into its fourth week. The Hawaii Credit Union League reports that several member credit unions have rolled out assistance programs. [...]
Spaces are limited—but still available—for Velocity Solutions Executive Summit, February 5, 2019 in Ft. Lauderdale, FL. Free to qualified attendees. There’s no question about it: data and digitization are key to your [...]
