One of Austrian-American economist Joseph Schumpeter’s descriptions of capitalism was called “creative destruction.” This refers to a competitive economy’s relentless efforts to innovate for advantage and market dominance. He described the process as: “[...]
The Global Women’s Leadership Network’s (GWLN) brought more than 50 credit union women from 15 U.S. states and Canada together in Richland, Washington last week for the seventh annual Executive Readiness Summit [...]
The year 2024 is shaping up to be a pivotal moment for U.S. banks and credit unions, according to a new playbook from digital banking solution provider Alkami. “Strategies & Budgeting for Financial Institutions” [...]
In our modern, digital world, the financial landscape is evolving—and fast. Today’s money moves at the speed of the Internet, which means banking isn’t what it used to be. As change sweeps [...]
Thank you for tuning in to episode 173 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Amazon Business. With the value and [...]
Movies have them and so do cars -- ratings can be helpful to a buyer’s experience and satisfaction. The same goes for insurance companies but the rating process is dramatically different than a thumbs [...]
Think the life of a college student is carefree? Think again. From tuition to textbooks, being a student is more expensive—and demanding—than ever. Over 50% of college students report experiencing daily, chronic stress [...]
In business, creating a positive company culture while also providing an exceptional customer experience is a priority for business leaders. Balancing employee satisfaction while meeting consumers’ needs can present unique management challenges; however, through forward-thinking [...]
CUNA highlighted credit union service to veterans and called for support for the Veterans Member Business Loan Act in a message to Congress sent Wednesday. The bipartisan legislation—introduced in the House and Senate—would [...]
The Federal Housing Finance Agency (FHFA) released its report on the Federal Home Loan Bank (FHLBank) system Tuesday. The report is part of the agency’s comprehensive review of the FHLBank system ahead of the [...]
Are you really planning, or are you just budgeting? By this I mean, are you filling out the numbers on a spreadsheet or planning the actions needed to make it a reality? It’s always [...]
I hope you’ll take some time over the holiday weekend to honor those who have chosen to serve our country in the armed forces. Military service brings its own set of financial challenges for [...]
Faced with constantly evolving cyber threats, IT teams today must embrace digital transformation. Post pandemic reality has accelerated some of these evolutions, like more cloud users, more cloud providers, and an obscene number of devices [...]
Cyber insurance was the brainchild of Steve Haase, an insurance broker for Hamiliton Dorsey Alston Co. When first introduced in 1997, the coverage was called Internet Security Liability (ISL). Early policies were designed to mitigate [...]
Replace: Banking a niche comes with certain advantages. It usually offers an institution reduced competition, lower acquisition costs, and greater loyalty, albeit with a smaller group of account holders. But what happens when an institution [...]
