This is an excerpt from FinAncIal: Helping Financial Executives Prepare for an Artificial World. Grab your copy here!
This case study covers the leading player in AI-based small-dollar lending for credit unions, QCash.
Stay tuned to the CU 2.0 blog while we feature more excerpts from our financial guide to AI!
Purveyors of short‑term credit and small‑dollar loans have gotten an understandably bad rap in the last couple decades. And it makes sense—before regulations, some interest rates on these loans went as high as 1,000%. Even today, short‑term loan interest rates climb over 600% in some states. In many ways, the reputation that short‑term credit earned was, well, earned. But it doesn’t have to be that way. And frankly, it shouldn’t be.
Continue reading “AI Case Study: QCash” →
Like our Fintech Friday series? Check out the Fintech Spring Meetup! Credit Unions join free with code CUHOST!
Sure, fee income is great for increasing non-interest income. But ironically, that revenue comes at a cost. Or, a few costs, actually.
Continue reading “Could This Be the End to Credit Union Fees?” →
This is an excerpt from FinAncIal: Helping Financial Executives Prepare for an Artificial World. Grab your copy here!
This case study covers the leading player in AI-based digital onboarding for credit union members, Digital Onboarding.
Continue reading “AI Case Study: Digital Onboarding” →
Credit union cybersecurity is a fast-evolving scene. Largely, that’s due to a few major factors:
Continue reading “Credit Unions Have Changed. Should Their Security Strategy Change, Too?” →
Please note: Space is limited. Registrations WILL close early!
A recent informal poll of our CU 2.0 credit union Facebook group asked, “What do you miss most about conferences?”
All of the answers mentioned meeting people. Colleagues, peers, vendors, everyone. Notably absent:
Continue reading “The Fintech Meetup and Why It Matters” →