When someone doesn’t have the money to pay a bill, the last thing they want is to fend off phone calls from collectors. In fact, those calls aren’t often all that effective.
Continue reading “Debtsy Is Humanizing Post-Charge Off Collections”
Category: Member experience
Investment Accounts for Kids: Where Credit Unions Fit In
Don’t work at a credit union, but like what you see? Head to UNest to open an investment account for your kids today!
Most of my friends and I are so close to 40 that it looks blurry now. Most of us have kids (I don’t) and multiple app-based investment accounts (I do). Naturally, there’s a growing demand in this demographic for investment apps for kids.
Credit unions, take note!
Offering app-based financial wellness and investing accounts for kids is a member need… in a market segment credit unions typically fail to attract (Millennials and older Gen Zers).
Continue reading “Investment Accounts for Kids: Where Credit Unions Fit In”
AI Case Study: QCash
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.
AI Case Study: Digital Onboarding
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.
AI Case Studies: FlexPay
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 decline salvage for fraud prevention, FlexPay.