Cinchy Wants to Change Credit Union Data by Liberating It
Let’s talk data liberation. Sometimes, a fintech comes along and changes the entire way we think about something. That’s what Cinchy is doing with credit union data. And we’re going to try to make this relevant for CIOs and CEOs alike. Apologies in advance for anything remedial. We think it’ll be worth it if you’re […]
Crux Gives Credit Union Business Lending a Boost
Small- to medium-sized businesses make great credit union members. They’re a big part of the local economy, they borrow even when individuals don’t, and their loyalty is almost unmatched. Yet most credit unions don’t cater to SMBs. That’s a big missed opportunity. Read on to learn more about small business accounts, lending, and how Crux […]
The Credit Union Case for Rocket Mortgage® Partnerships
Rocket Mortgage is one of America’s largest and most recognized lenders1. Their digital lending journey and client experience are nearly unmatched in their field. Not surprisingly, credit unions—and CU 2.0—think of Rocket Mortgage as the competition. But might they make better partners? For a surprising number of credit unions, the answer might be “yes.” Read […]
Credit Union Financial Advisors Are Losing to TikTok (feat. Wellthi)
There are more than 141 million Millennials and Gen Zers. Gen Alpha is just coming into banking age now that youth accounts are taking off. This is a really, really big market. It’s nearly half of the United States’ population. And credit unions are doing a historically bad job of catering to them. In fact, […]
The Best New Credit Union Core Software with Fintech-Friendly Values
The credit union world is getting faster paced, like it or not. AI—and the slew of new fintech solutions powered by it—calls for nimble, tech-ready architecture to support it. Legacy cores, while dependable, often lack the agility needed to keep up with the rapid evolution of fintech. That is, unless you love waiting a year […]
Credit Union Financial Education and Wellness Guide
The downloadable version of this guide is currently in production. Download our other full guides here. Financial education and wellness are big topics these days. Anyone reading this guide has likely heard statistics about how many people live paycheck to paycheck or how few people have $600 socked away for an emergency. With ongoing talk […]
Financial Health, Organization, and LifeTidy: A Credit Union Opportunity
Should credit unions care about their members’ financial health? Should they provide any tools to help with it? If you answered “yes” to either of those questions, you should keep reading. If you answered “no,” then you should read this guide, change your mind, and then come back here and continue reading. Now, it’s time […]
Direct Investment in Fintech Companies vs. Investing Through a Fintech Fund: A Comprehensive Guide for Credit Union Executives
Executive Summary In today’s rapidly evolving financial landscape, fintech stands as a transformative force, offering a myriad of opportunities for credit unions to modernize operations, diversify portfolios, and drive groundbreaking innovation. Yet, as we navigate this burgeoning field, a pivotal question arises: should credit unions invest directly in fintech startups or opt for fintech funds? […]
50 Shades of Fintech: Unveiling the Risks and Kinks of Entrepreneurial Styles
Let’s face it, being a fintech entrepreneur can make you feel a bit bipolar. In 2005, I received funding from 7 credit unions to start my first big company. We crushed it the first year, signing 20 credit unions and setting up a path where we doubled every year for 6 years. In our second […]
What Is a Fintech Enablement Platform (and Why Would Credit Unions Want One?)
Credit unions have wide and varied technology needs. One credit union might be on the hunt for a product that another credit union deployed a decade ago. And those two products might end up totally different to suite their respective memberships. The result is that there’s no clear path toward digital transformation. And yet, the […]