News Archives

Financial innovation persists through market turmoil

Financial innovation persists through market turmoil

Its timing and San Francisco backdrop provided an added dimension to last week’s Finovate Spring conference. A procession of seven-minute demos from 52 fintech innovators remained the main attraction at the event’s annual [...]

Evolution or revolution?

Evolution or revolution?

There’s no shortage of statistics that tell you that in this age of digital transformation, members and prospective members are often ahead of credit unions in the adoption of digital technology. In addition, the [...]

Credit unions and the automatic stay

Credit unions and the automatic stay

We’re all taught to stop, drop, and roll when it comes to catching fire, but we’re not always taught to stop and freeze all collection activity when it comes to a member who [...]

Trends all credit unions want to know

Trends all credit unions want to know

We live in a fast-paced world and staying up to date on trends in the credit card industry can be daunting.  Let Elan’s thought leaders and in-depth research help guide you to what you [...]

4 upsides of cannabis banking

4 upsides of cannabis banking

The Federal Reserve Bank recently announced its first interest rate hike since 2018 and financial institutions across the country are turning an eye toward new sources of low-cost deposits. The growing legal cannabis market offers [...]

CFPB should bolster oversight of nonbank financial services

CFPB should bolster oversight of nonbank financial services

CUNA appreciates the Consumer Financial Protection Bureau (CFPB) bolstering its oversight of nonbanks in consumer financial services, it said in comments filed Tuesday. The CFPB issued a procedural rule amending the procedures the CFPB uses [...]

Fintech partnerships: Focus on member value

Fintech partnerships: Focus on member value

While credit unions initially viewed fintechs as competitors and disruptors, they’ve become valuable partners in many instances, a panel of industry leaders said Wednesday during the 2022 CUNA Finance Council Conference in Las Vegas. [...]

Leveraging analytics in your promotional campaigns

Leveraging analytics in your promotional campaigns

During the last few years, the buzz about data analysis for financial institutions has been around predictive analytics. This trend accelerated when the country was shut down and it became increasingly necessary for cardholders to [...]