Welcome to the CUInsight Minute, sixty seconds from our Director of Learning & Client Support Linda Lafortune with our favorite reads from the week. Mentioned: Emerging trends in debit by ANNIE TSANG, VISA Historically, the [...]
As the financial landscape continues to evolve, digital transformation has become a necessity for financial institutions across the globe. One of the crucial aspects of this transformation is enabling customers to open accounts seamlessly through [...]
I regularly tell my team and my clients this one thing: Ask a freaking question! As credit union leaders, you work hard to identify your ideal member: their age, income, and what makes them tick. [...]
A federal appeals court recently ruled that OnPath Federal Credit Union would have to pay back $12 million in financial awards from the U.S. Treasury’s Community Development Financial Institutions Fund. To be clear, [...]
The House Financial Services Committee advanced a resolution Thursday night to void the Consumer Financial Protection Bureau’s (CFPB) section 1071 rule via the Congressional Review Act. CUNA wrote in support of the resolution at [...]
For financial institutions, finding the right fintech partner is a bit like finding a partner in personal relationships. It can take a lot of trial and error to make a great match. Fintech partnerships are [...]
The Federal Open Market Committee (FOMC) wrapped up its July meeting yesterday afternoon, during which the FOMC elected to hike the federal funds rate target within the range of 5.25 to 5.50 percent. [...]
As summer begins to wind down and we hit the mid-year mark, it is becoming increasingly evident that the cybersecurity industry continues to experience transformational shifts. In the face of persistent threats and sophisticated attacks [...]
Criminals used to just steal money after breaking into a banking account. Now, they’re grabbing everything they can, even people’s identities. To respond to this new fraud “butterfly effect,” expert say the industry [...]
Many are concerned that the next few years could be financially tough for credit unions, even if we avoid recession. Tight liquidity, escalating cost of funds, inflation-driven operating expense increases and accelerating loan losses are [...]
Ideally, you walk alongside your members throughout their lives, participating in each milestone. You help them get their first credit card and their first new car. You’re by their side through saving for a [...]
Prudent budget management is essential for financial security and prosperity. Credit unions help American families achieve this, and they practice what they preach by responsibly managing their institutions’ portfolios to ensure a strong bottom line [...]
Two weeks ago, I had the privilege of teaching Strategic Marketing to 3rd year students at CUNA Management School at the University of Wisconsin, Go Badgers! I think this is my 7th year teaching (minus [...]
Providing fair access to credit in consumer lending is at the forefront of all financial institutions today — and tech is here to make that possible. Through fintech partnerships, AI and automation, institutions are able to [...]
You may have heard about credit freezes and credit locks. But did you know there are differences between them? Both a credit lock and credit freeze block access to your credit report. They prevent anyone [...]
