MADISON, Wis.–Get ready to discover something new this week.
Throughout the week CUToday.info will be featuring a different story each day from CUNA Mutual Group’s online Discover Conference. The stories are appearing in CUToday.info’s The Boost section here.
Among the best practices that will be featured:
- With Phase 1 of Same Day ACH now in effect, credit unions are asking whether the payments process for originating depository financial institutions increases fraud risk.
- One of the best ways for CU staff to improve cross sales and perform better at their jobs? Play games. CUNA Mutual Group has introduced a new tool designed for the company’s Lender Development Program that employs game mechanics, better known as gamification.
- Credit unions face numerous regulatory pitfalls in the consumer lending process, but they should be particularly mindful of requirements of the Military Lending Act, the Telephone Consumer Protection Act, and litigation trends related to collection letters, CUNA Mutual Group is cautioning.
- Increases in housing construction and rising oil prices will drive higher economic growth higher next year, while auto sales should remain robust, according to CUNA Mutual’s chief economist.