Starting this month, the NCUA (National Credit Union Administration) will begin implementing a new, modernized system focusing specifically on the online application process for Field of Membership expansion. The news was announced via a letter [...]
The past couple years have been a case study in disruption, and one attribute that stood out among the most resilient organizations was flexibility. The shifts in consumer preferences and digital transformation didn’t begin [...]
We recently hosted a great conversation on cloud technologies for credit unions. We have lots of these, but this one was especially interesting because it included a case study from Affinity Plus FCU. Joining us [...]
There’s a formula to improving revenue margins—a flywheel of actions that are proven to sharpen results. This formula involves having clean, actionable data that empowers employees with the knowledge to deliver a better [...]
Lou Holtz said, “In this world you're either growing or you're dying so get in motion and grow.” His words are certainly relevant to our industry, as now perhaps more than ever, members need their [...]
Digital transformation has been pushing change in the retail banking space for decades. And for credit unions, those shifts have come in big waves—mobile apps, text-based communication, online portals, and even a greater focus [...]
Consumers are prioritizing security We have most certainly seen a rise in digital fraud because of more consumers shifting to digital payments. This has affected all types of businesses, as in many cases they had [...]
One moment the streets are clear and dry. Suddenly the sky dumps its full buckets onto the parched open hands of the dirt. It is rainy malaria season in Uganda. My Uganda credit union colleagues [...]
What’s the deal with the housing market, and how does it affect you? Those are among the questions CUNA Chief Economist Mike Schenk answered during a recent interview with Buzzfeed. With housing prices on [...]
NAFCU has announced the eight winners of its 2021 Annual Awards, which honor member credit unions and credit union professionals and volunteers for excellence and achievement in the industry. This year's awards recognized the CEO [...]
Industry shifts are cyclical, and while these shifts do happen regularly, the fintech wave is something we haven’t seen before. What we saw with Check 21, we’re now seeing with the faster payments [...]
In this episode, you’ll hear from fraud fighting expert, Ann Davidson, about the trends of payment card, ACH and wire fraud, how to spot fraud before it happens, and tactical ways to put prevention [...]
Dozens of major companies, state and federal agencies and other organizations that misconfigured a setting in their Microsoft software inadvertently exposed millions of people's personal information to the public internet for months, according to security [...]
Effective with their April 15, 2022 releases, Visa and MasterCard will begin supporting 8-digit issuing BINs in accordance with the forthcoming migration from 6-digit to 8-digit issuer identification numbers (IINs) as announced in 2015 by [...]
Britney Spears’ 13 year struggle to break her conservatorship and achieve financial independence recently swept back through the social media spotlight. Fueled by her fans’ support, the #FreeBritney campaign calls for an end to the [...]
