SAN DIEGO–No entrepreneurial culture at the credit union? It’s the CEO’s fault. Compliance keeping your CU from doing what it would like to do? You’re just making excuses. You didn’t “grow up” with Snapchat and don’t plan to ever use it? Tough.
THE boost
ORLANDO—Time for credit unions to gain a strong understanding of application program interfaces (APIs), insists one analyst who said the increasing speed at which devices and programs are connecting is making the tech protocol much more mainstream.
BIRMINGHAM, Ala.—As more credit unions seek bank buys to grow, another CU/bank deal closes.
ORLANDO—Fees is not a four-letter word, according to one analyst, who says that’s just a fact credit unions are going to need to come to grips with as debit interchange—a big piece of CU non-interest income—is going away.
ORLANDO—Do credit unions have the right bells and whistles on their mobile solutions to not only attract members to digital banking but also retain those already using their service?
ORLANDO—Are consumers ready to “unbundle” their financial services relationships?
WASHINGTON—Small credit unions face a difficult choice when it comes to technology—spend money on member-facing digital services that help the CU grow–or pay for shoring up cyber defenses to keep their data safe.
LAS VEGAS–Your credit union may have invested heavily in data security, yet thanks to your employees and even your own professional networking, breaching that data remains as easy as ever.
BROOKFIELD, Wis.—Adoption of electronic billing and payment services continues to grow, and financial institutions continue to miss out, according to one company.
NASHVILLE, Tenn.—From fintech startups eventually declining in number to the possibilities for blockchain, one analyst addressed emerging trends in payments and banking during PSCU’s 2016 Member Forum.