3 more bad money habits you should break
When it comes to your money, it’s a good idea to recognize bad habits and kick them to the curb as soon as possible. Here are three less-than-stellar money habits that you need to [...]
News Archives
All people are different people …
In August 2020, Ted Lasso gave me some unexpected moments of joy. As the title character of the Apple TV comedy series, Jason Sudeikis plays Lasso, an American football coach who stumbles into work coaching [...]
5 IoT risks credit unions should consider
The Internet of Things (IoT) industry is growing rapidly, but so is the rate of cybercrime. Cybersecurity Ventures “expects global cybercrime costs to grow by 15 percent per year over the next five years, reaching $[...]
Preparing for impact: Credit union leadership and AI
The artificial intelligence (AI) market is growing rapidly at more than 42% annually, with recent MIT research indicating over 90% of larger enterprises are using AI to improve customer interactions. This growth and adoption will, [...]
CUNA backs amendment to block expanded IRS reporting requirements
CUNA wrote in strong support of an amendment to the Senate Budget Resolution that would block expanding taxpayer information reporting requirements for financial institutions. The amendment was offered by Sen. Mike Crapo (R-Idaho), in response [...]
Consumer credit grows at strongest pace in years
Total consumer credit rose 10.6 percent, at a seasonally-adjusted, annualized rate, in June and is up 4.2 percent versus a year ago. Revolving credit, which is primarily credit cards, rose 22 percent during [...]
Does your payments experience suck?
In the early 1980s, James Dyson was frustrated with vacuum cleaners. They were clunky, thoughtlessly designed, antagonistic to the user and often didn’t work properly. They made the hassle of wrestling a cleaning product [...]
CFPB COVID-19 policy rescissions and what that means to you
When COVID-19 first made its appearance, it affected every part of our lives, including our financial health and well-being. The pandemic also caused a monumental pivot on how we conducted business. The financial industry’s [...]
Three credit union airplane stories
PenFed’s 2020 Annual Report is a wealth of detail especially in the auditor’s report. Page 53 footnote 9 lists the $542 million net, of property and equipment purchases owned by the credit union. [...]
The triple win of young professionals serving as board members
Having young credit union professionals serve as board members at another, non-competing credit union is a huge win-win-win. The first win is that young professionals learn key skills from board service that they can’t [...]
The AWS on-premise outpost knowledge to rack up
Despite the advantages of cloud computing, many organizations still choose to keep some of their data, computing power, and services on-premises. Whether to maintain compliance with industry standards, speed up critical data availability close to [...]
CFPB issues statement addressing Juneteenth confusion
As we’ve blogged about previously, Juneteenth (officially known as “Juneteenth National Independence Day”), which is celebrated every year on June 19th, became an official federal holiday when President Biden signed legislation on June 17, [...]
From bartering to bitcoin: A visual history of payments Part 1
Currency and commerce are two of the surest markers of an advanced civilization. Thousands of years ago, intrepid entrepreneurs toiled and traded their way to wealth by cultivating fields, casting weapons, and creating objects of [...]
3 phrases leaders can’t overuse
Every leader wants to be a good one. In order to be the leader that your team needs you to be, you need to connect with them. Here are three phrases you should use often, [...]
CIO cloud champions
In partnership with CUInsight, we recently hosted the second event in our webinar series Cloud Champions – this one with a focus on CIOs and ways to build a blueprint and gain buy-in for secure cloud [...]