NEW ORLEANS—Two credit unions that have installed enterprise risk management solutions say the benefits they have seen go far beyond quantifying dollars at risk and extend to issues that include process improvements and better future scenario planning.
NEW ORLEANS—Enterprise risk management is not just misunderstood, it frequently gets a bad rap, according to one expert who, said that any credit union that doesn’t change that thinking is putting its own enterprise at risk.
COLUMBUS, Ohio—When it comes to leveraging Big Data, credit unions have an edge over banks, according to one analyst who is cautioning that if CUs don’t embrace that advantage they may soon lose it.
ST. PETERSBURG, Fla.—Mobile wallets. Digital wallets. Top of wallet. Complexity in the payments channel continues to grow. But one person is offering a primer on 10 different issues in payments.
COLORADO SPRINGS, Colo.—Nilofer Merchant still recalls the nervousness. She had heard of Steve Jobs, but had never met the man who had founded her employer, been shown the door, and had now been brought back to resurrect Apple Computer when its stock was trading below the price of a cup of coffee.
COLORADO SPRINGS, Colo.—Called the “fastest growing media site of all time,” Upworthy.com has surged to more than 12-million monthly visitors every month, and it’s been in business for less than two years. One reason: “Joyful funerals.”
COLORADO SPRINGS, Colo.—The Honest Company says it has a few things in common with credit unions. Its products are boring. Not very sexy. Commodities. But it has also done something uncommon at most CUs: it has taken all that and made it “exciting” for its customers, and its sales are skyrocketing.
ST. PETERSBURG, Fla.—It’s been 35 years since the “Miracle on Ice,” when a group of young, amateur U.S. hockey players who weren’t even expected to medal stunned the world by defeating the all-powerful team from the Soviet Union in the 1980 Olympics.
NEW YORK—As if credit unions weren’t sufficiently challenged in attempting to penetrate and serve the Millennial market, one person said that market isn’t singular—there’s more than one. And any credit union looking to build marketshare among Millennials needs to rethink the whole concept of "marketshare: when it comes to Millennials, as well, according to one person, who offered some interesting insights into what drives the thinking of Millennials and how it differs from that of earlier generations.
NEW YORK— The former general manager of financial innovations for PayPal offered credit unions five ways to innovate in what he called the “new normal” market. It’s a market where this same person sees credit unions having a potential “leg up.”
