DES MOINES, Iowa—Apple Watch sales have plummeted since the device’s initial launch, but one payments expert is urging credit unions developing wearable apps not to fret, and that smartwatches will eventually catch on, much in the way tablets have been adopted.
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MASSENA, N.Y.—New labor guidelines that would make millions more U.S. employees eligible for overtime pay is expected to impact credit unions—not only in their budgets but also in how they interact with their communities.
WASHINGTON—During a congressional committee meeting here Republican members of Congress did not hold back in grilling NCUA Chairman Debbie Matz with hard questions about the agency’s budget and the agency’s supervision of credit unions.
MADISON, Wis.–The World Council of Credit Unions is now readying for the next step in helping to launch credit unions in Cuba following an introductory trip by its president and CEO, Brian Branch.
RANCHO CUCAMONGA, Calif.—Michelle Thornton thinks many small and mid-size card issuers are looking at the October EMV liability shift deadline and questioning whether they have to be ready at that point.
PEOSTA, Iowa—In a first-of-its-kind experiment, Dupaco Community Credit Union has started a tellerless branch intended as a learning lab to teach its members how better to manage their money at the same time it teaches the CU how better to run its operations.
SCOTTSDALE, Ariz.—Credit unions not watching their debit processing costs could be tossing away as much as 17% of their earnings—money that could go toward investments in new technology or even returned to members.
DENVER–It was the credit union version of Shark Tank here when nine teams of CU executives came together and pitched new but tested prototypes for a product or service, with a goal of then getting credit unions to invest.
DENVER—It’s time small credit unions create survival plans—one that addresses how they will continue to grow, and another that details steps to take—including merger—when performance begins to slide.
DENVER–It’s time for a little more promiscuity in credit unions. In fact, one expert even believes it’s time for “your ideas have to have sex with one another.”