The Credit Union 2.0 blog gives you all the tools you need to see the forest for the trees.
A new report from the CFPB, “Consumer use of of payday, auto title and pawn loans,” underlines the magnitude of this issue. Nine percent of unbanked consumers are habitual users of high interest, high fee loans.
Continue reading “The 9% Solution: Growing Credit Unions by Banking on the Unbanked”
By W.B. King
Originally published by Finopotamus – Fintech News for Hungry CUs
From words of encouragement by keynote speaker and NBA legend Earvin “Magic” Johnson to discussions on human-centric brands, digital natives, fraud protection and technology investment opportunities, the 2021 PSCU Virtual Member Forum provided actionable insights.
Continue reading “PSCU’s 2021 Virtual Member Forum Put a Touch of ‘Magic’ on Digital Innovations”
By W.B. King
Originally published by Finopotamus – Fintech News for Hungry CUs
While most credit unions are using machine learning (ML) and artificial intelligence (AI) in some form, the industry lacks a cohesive strategy. This premise is among themes covered in FinAncIal: Helping Financial Services Executives Prepare for an Artificial World, a new book by Ongoing Operations’ CEO Kirk Drake.
When I first started writing for credit union audiences, I was nervous. I could talk about technology, but I’d never worked in a financial institution before.
And then I learned that most credit unions weren’t yet on the cloud.
Continue reading “On the Cloud? Get SaaS Optimization ASAP!”
At CU 2.0, we think that marketing automation is necessary for any organization that cares about digital engagement. It’s why we recommend it to every credit union:
Continue reading “Marketing Automation for Credit Unions: It’s Total Expert vs Everyone”