Recently, Alkami and Digital Credence co-hosted an online event, Digital Transformation Series: Driving Digital Engagement featuring expertise from On Tap Credit Union, United Heritage Credit Union, SRP Federal Credit Union, and industry consultancy, Digital Credence. [...]
The year 2022 reemphasized the reason small-dollar lending has consistently delivered on member need over and over since the beginning of the credit union movement over 110 years ago. The effect affordable mainstream credit had [...]
In part one of this series, we discussed the growing popularity of AI-generated content and where it lacks in terms of creativity and voice. While this AI work may seem like a masterpiece at first [...]
Welcome to the CUInsight Minute, sixty seconds from our Managing Editor John Pettit with his favorite reads from the week. Mentioned: Car sales may spike, but are members ready for vehicle ownership? by MICHAEL DIPPO, [...]
In a rapidly changing financial landscape, financial institutions must evolve their lending tools to meet the needs of today’s borrowers. Despite significant efforts over the past few decades, outdated credit assessment methods, inefficient technologies, [...]
September is National Suicide Prevention Month, when individuals and organizations unite to raise awareness about the importance of mental health and suicide prevention. As leaders, it's our responsibility to ensure that our teams and members [...]
According to PSCU’s most recent Eye on Payments study, 97% of consumers shop online at least once a year. As more consumers seek out online and digital channels to make purchases and transactions, it [...]
What is interchange? By definition, it is two or more people exchanging views or ideas. However, it could also be defined as a transportation junction that connects various roads or highways. Although both definitions are [...]
In today's rapidly evolving financial landscape, the adoption of real-time payments (RTP) has become increasingly crucial for banks and credit unions. The RTP market size was valued at 17.57 billion in 2022 and is [...]
If a chain is only as strong as its weakest link, for most credit unions and smaller financial institutions, that vulnerability rests in the same place: their data. Members flock to credit unions because of [...]
During a conversation with former African-American Credit Union Coalition (AACUC) chair Maurice Smith, CUNA President/CEO Jim Nussle and NAFCU President/CEO Dan Berger shared their vision for America’s Credit Unions, should members approve [...]
In August, CUNA and NAFCU announced their intent to merge to form into a single, powerful entity – America's Credit Unions – to serve credit unions more efficiently and effectively, without redundancies. The vote on the proposed [...]
When I began my career in the accounting field over 30 years ago, I used mechanical pencils, green ledger paper (some up to 12 columns across), and an adding machine. Everything was paper, everything was [...]
The financial services industry has long lagged behind other industries’ technology adoption. Leaders often balk at digital transformations over concerns that migrating infrastructure and applications from an on-premises to a cloud environment will introduce new [...]
In an era dominated by digital advancements, the credit union industry may face a new and intricate battle against predatory lending. Drawing insights from actual credit union data, our goal is to shed light on [...]
