In September 2023, the Senate Banking Committee approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act, enabling the bill to move to the Senate floor for broader approval. The action marked a big step [...]
From the Democratic takeover of the National Credit Union Administration board to the merger of the two national trade groups on January 1, credit unions already face a changing environment this coming year. The biggest [...]
Reality check: The last time the number of physical bank locations actually increased was 2009: the same year Barack Obama took office and the swine flu pandemic had us washing our hands (not for the [...]
What does your onboarding experience look like before your account holder reaches your digital banking solution? If the ideal onboarding of new account holders and originating new accounts could be summed up in one word [...]
While you’re figuring out your new year’s resolutions, make sure your credit union is making some resolutions of its own. Here are six good data habits your credit union can adopt in the [...]
Credit card use is on the rise, increasing from 18% of payment methods used in 2016 to 31% in 2022 (Federal Reserve). The way consumers use credit cards, however, is changing and has been influenced [...]
Publisher’s Note: Scroll down for a Spanish language version of this article. Nochebuena: A Tapestry of Traditions, Gifts, and Gastronomy: Nochebuena is more than a mere date on the calendar; it is a cultural [...]
Third parties, particularly fintechs, are generating a lot of interest in the credit union sector. While the NCUA still has not obtained vendor oversight, that doesn’t mean they aren’t diving into vendor due [...]
2016 feels like a long time ago, right? Towards the end of that year, I wrote about how, unlike the way our brains work, change doesn’t happen linearly. Sidestepping any math, this means people [...]
The merger of CUNA and NAFCU culminates next week with the official launch of America’s Credit Unions. This transformation is to provide the credit union industry a stronger and more responsive voice on the [...]
FinCEN issued a final beneficial ownership information (BOI) Access Rule Dec. 20. The Corporate Transparency Act (CTA) requires creation of a BOI database where companies and legal entities report BOI directly to FinCEN; financial institutions [...]
The new year is nearly upon us, and as we prepare to cheer on the arrival of 2024 and reflect on 2023, many will be working on finalizing their New Year’s resolutions. While a [...]
Within the context of a credit union, one of the great things about technology is that it is always changing--meaning that new opportunities are always available to take advantage of. This does, however, change the [...]
If your New Year's resolutions involve money, you're not alone. According to one report, nearly half of Americans are making finance-related resolutions, and a lot of them are ones you've heard before. They want to [...]
It’s no surprise that Gen Z spends a disproportionate amount of time on TikTok. In a few short years, the social media app has become an enormous influence on music, dance and fashion among [...]
