Recently, CU 2.0 Founder and CEO Kirk Drake sat down with John Best from the eponymous Best Innovation Group. But they didn’t just sit down… they also conversed (and recorded it).
Drake and Best discussed credit unions, technology, and using artificial intelligence (AI) in financial services. Consider it a 30-minute crash course on the biggest obstacles facing credit unions and AI…
And a primer on how credit unions can integrate AI into their long-term plans!
At the end of 2020, a year that saw an incredible shift toward digital tools and technology, Drake finished his second book: Financial: Helping Financial Services Executives Prepare for an Artificial World.
His findings were eye-opening:
- AI has been a human goal for thousands of years;
- In the last few decades, AI has gone from parlor trick to business critical technology;
- Big banks and fintechs invested heavily in AI—and they’re already seeing BIG returns;
- Credit unions and community banks must follow suit ASAP!
Tune into the podcast with two of the biggest names (and personalities) in credit union innovation! They pack a lot of information and insight into their short 30-minute chat. Click the link below to hear the whole thing!
Want More Credit Union Tech Talk?
Kirk Drake recently debuted his second book, Financial: Helping Financial Services Executives Prepare for an Artificial World.
The book discusses the hottest trend across all financial institutions: artificial intelligence.
In it, Drake touches on the history of AI, from B.C.E. ideations to the chatbots of the last few decades. Then, he dives into modern-day use cases of AI in financial institutions. Finally, he outlines the steps that any bank or credit union can take to begin working with AI today.
You can read two short excerpts from the book here: