Payment methods are constantly evolving and to meet the expectation of consumers in today’s omni-commerce world, small businesses want to offer services such as mobile app payment processing and text-to-pay —but need a trusted [...]
CUNAʼs Chief Advocacy Officer, Ryan Donovan, has said “Every interaction that [credit unions] have with a member, is a story that can be told. It contributes to data that helps prove the impact.” According [...]
Physically going to the bank or credit union and standing in line to make transactions became almost impossible during many periods of the COVID-19 pandemic. Even when in-person services resumed, many members were hesitant to [...]
Eleven credit union-friendly candidates won primary races in Virginia and primary runoff elections in Alabama and Georgia Tuesday. The Credit Union Legislative Action Council (CULAC) and state leagues have backed 187 credit union proponents this [...]
NAFCU Vice President of Legislative Affairs Brad Thaler Tuesday wrote to the Senate Banking Committee ahead of its hearing to examine the Federal Reserve’s Semiannual Monetary Policy Report to Congress, released earlier this month. [...]
Next-gen conversational artificial intelligence has arrived, and financial institutions ranging from major banks to small community credit unions should take note of how investing in this technology can help mitigate existing problems and provide the [...]
Although traditional banking has now been around for hundreds of years, digital banking is still a relatively new phenomenon. Banks and credit unions that have successfully integrated digital banking within the traditional banking model have [...]
Let’s take a snapshot of the American labor market from March 2022: The number of unfilled job positions had just reached a record 11.5 million; 4.5 million employees quit their jobs; and [...]
The Consumer Financial Protection Bureau (CFPB) will “dramatically” increase its use of regulatory guidance—a device that in the past has been sharply criticized by financial services trade groups and congressional Republicans. “The CFPB is [...]
As NAFCU noted last week, the House passed a bill that, among other things, would permit federal credit unions to add underserved areas to their field of membership. The bill also adds "banking deserts” to [...]
Who said professional development books can’t also be great summer reads? Whatever your plans are this season, take time to recharge your professional batteries as well as your personal. Here’s our Summer 2022 [...]
The May 2022 consumer price index report revealed that inflation rose to its highest level since 1981. Immediately following this report, the Federal Open Market Committee raised the federal funds target rate by 75-basis points [...]
Is your overdraft program taking a backseat? Like many Americans, credit unions continue to face challenges related to a lack of time, money and/or the personnel to get things done. One thing that can [...]
ESG: a three-letter abbreviation we’ve added to our lexicon in the last couple of years. The concept of ESG – which stands for Environmental, Social, and Governance – has been around since the 1960s, and has [...]
What’s your favorite quote regarding kindness? Maybe it’s one of these: “No act of kindness – no matter how small – is ever wasted.” ~Aesop “Be kind whenever possible. It is always possible.” ~ Dalai [...]
