CU 2.0 Podcast 56: Ben Morales, QCash, and the Hunt for Financial Wellness

credit union podcast

You have a successful product that puts small dollar loans in the hands of consumers who may have tattered credit but they need the money and you want to save them from predatory lenders who may charge interest upwards of 100% APR. Your product usually involves loan rates of 24 to 36% APR. Much better […]

When Fintechs Attack: One More Thing for Credit Unions to Worry About

Fintech threat to banks

Generally speaking, fintechs are friends, not threats. Most fintechs just want to make people’s financial lives a little easier. Fortunately, they often hit the market with help from community financial institutions like credit unions. But sometimes fintechs aren’t so friendly. Sometimes they see an opportunity and they go for it. And there are two fintechs […]