In a time of rising consumer awareness, increasing competition and political and regulatory scrutiny, overdraft charges are casting some financial institutions as villains, even if they complying with Reg E or other applicable regulations. A [...]
If you’ve ever worked with a payments product development team, you may have heard the term SDK technology. SDK stands for software development kit. In simple terms, it is a set of tools, programs, [...]
Exit Interview is a new series from CreditUnions.com that shares the insight and experience of credit union executives who are retiring after many years of service to the movement. Doug Fecher left high school [...]
Low rates and high market unpredictability will continue to present investment challenges in the upcoming year. Those conditions will make 2022 financial planning an exercise in futility if your credit union fails to construct appropriate [...]
Publisher’s Note: CUInsight is hosting a free webinar Wednesday, November 3rd titled, "Gen Z’s Three Financial Trend Predictions For 2022." We hope you’ll join us! Register here. NFTs An NFT (Non-fungible token) [...]
When I was CEO of USAA Bank, General McDermott, the CEO of USAA, encouraged us to focus on Key Result Areas (“KRAs”) to help us prioritize strategic investments that we made in our businesses, and [...]
Throughout the past few years, financial institutions have been focused on digital transformation and bringing innovation to their systems with the help of technology. Credit unions are unique in the financial service industry due to [...]
Two nominations have been received for the nine open director positions on CUNA’s Board of Directors. The deadline for nominations and seconds is Thursday, Nov. 11. In contested elections, voting will begin Nov. 12 [...]
Rep. Drew Ferguson, R-Ga., introduced legislation that would block the IRS reporting requirements currently included in the fiscal year 2022 budget reconciliation package, the Build Back Better Act. The bill is co-sponsored by all Republican [...]
In the past, I’ve joked about seeing myself as an amateur economist. I’ve also joked about how I’ve predicted seven of the last three recessions. Being an amateur economist, however, does have [...]
Corporate shareholders want to see their investments grow in an organization. They look for a viable strategy, sustainable vision, and strong financial performance. When the company fails to deliver on shareholder expectations, investors may look [...]
Every year, Jack Henry surveys hundreds of financial institution decision-makers about their strategic priorities and technology plans. When asked about open banking, 55% of respondents to the 2021 survey said it wasn’t on their [...]
Are you speaking the love language of your members? As credit unions, you’re not serving numbers. You’re serving people. And people? Well, they tend to have a whole lot of individual preferences. Meeting [...]
Author’s Note: Hi All—I want to take the time to introduce myself to the credit union community. My name is Justin White and I started at NAFCU in August 2021 as a Regulatory [...]
More than ever, the ability to provide transactional and engagement functionality across digital channels is a critical component to success in banking. Traditional financial institutions must do more than just enabling digital banking support. They [...]
