The buy now, pay later (BNPL) market is expected to grow 181 percent by 2024 according to the 2021 Global Payments Report by Worldpay from FIS. In fact, according to the same report, BNPL services [...]
There’s a heated debate that’s been going on for decades, the battle between open offices and private workspaces. And today that debate has a new dimension – working from home or at the office? [...]
Where were you when the Durbin Amendment was snuck onto the Senate version of the Dodd-Frank Act in May 2010? Whether or not you remember exactly what you were doing when Sen. Dick Durbin of [...]
CUNA Data Analyst Paul Hellman dives into the Federal Reserve’s Survey of Consumer Finances in CUNA’s latest Economic Update. The update is a monthly video review of financial developments that affect credit unions [...]
The CDC has issued a new moratorium on evictions in counties experiencing substantial and high coronavirus transmission. The moratorium is scheduled to expire on Oct. 3. Of note, the moratorium allows additional time for rent [...]
In recent research by the Digital Banking Report, close to 90% of organizations indicated that they have increased their focus on digital banking transformation since the pandemic, with over 60% indicating that they had established [...]
A three-pronged approach to lending has helped Wright-Patt Credit Union ($6.6B, Beavercreek, OH) become the largest mortgage lender in its home market and become a positive force in the communities it serves. “We create [...]
Today, customer relationship management (CRM) systems are table stakes for banks in their quest to improve financial performance, deepen customer relationships, and increase customer loyalty. Every major bank in the country has invested in a [...]
Every business is unique. Your organization may employ ten people or a thousand. Across all industries and in all work environments, there are a handful of essential training courses that business leaders across the board [...]
Indexed universal life policies have multiple applications in credit unions and other businesses. These types of products are often used in key employee retention strategies and as corporate investment vehicles. While IUL sales growth has [...]
Life is busy, and there are a million responsibilities and distractions that take our time. When it comes to your career, you want to make sure you're on the right path. Here are three tips [...]
Leading up to 2020, the shift toward digital-first consumer behavior was picking up steam. Activities like shopping, gambling, and dating had become widely accessible online. When the pandemic hit, those consumers who had yet to [...]
The banking industry talks a lot about the fintech revolution, and some financial institutions are going so far as calling themselves tech companies. However, just beyond the normal lip service given to this topic is [...]
My 20+ years in credit unions has taught me that to build something you need the help of others. It may seem obvious, but sometimes collaboration does not come spontaneously - even if our financial [...]
Seventy-eight graduates of CUNA Management School, held July 12-21, 2021, earned their Certified Credit Union Executive (CCUE) designation. The CCUE designation demonstrates the highest level of aptitude in credit union leadership. It is awarded after [...]
