Thoughts on Vertice AI’s Partnership with Vizo Financial
Credit unions are known for their commitment to members. Yet, they’re not known for cutting edge tech or deep, digital engagement. Especially when it comes to using data to fuel those relationships. Standard data reports are useful, that’s hardly enough these days. Credit unions need clear, actionable strategies to help them connect with members and […]
A Look into Woop’s Insurance Verification for Credit Unions
Let’s talk about insurance verification for your members. Do you offer it? And should you? And… what do we mean by “insurance verification,” exactly? Here, we’re talking about making sure that your members have adequate home and auto insurance. Many don’t. And that can cause problems. But, if you do offer insurance verification, you can […]
Dear Credit Unions: Financial Education Isn’t Enough
You’ve probably seen headlines that say things like “74% of Gen Z wants access to more financial education,” or “Gen Z isn’t financially literate (yet).” The gist of all these articles is the same: Young people say that financial literacy will alleviate some of their money problems. But let’s not pretend that financial education is […]
The Best Credit Union Liquidity Tools (to Generate Deposits)
It might be overblown to call it a “credit union liquidity crisis,” but there certainly is a pressing need for deposits. So, what can credit unions do? For starters, they can provide members with the tools they need to achieve their own financial goals. By helping members save, credit unions can guarantee themselves deposits. It’s […]
Painted Hills CUSO, LLC Secures Investments from Six Leading Credit Unions, Invests in Quilo, a New York-Based Fintech, and Collectively Partners to Revolutionize Fintech Collaboration for Balance Sheet Optimization
Painted Hills CUSO, LLC, an innovative Credit Union Service Organization (CUSO) focused on balance sheet management, is proud to announce significant investments from six distinguished credit unions: Rogue, MAPS, Carter, Community Financial, Skyla, and Central Willamette Credit Unions. This strategic infusion of capital marks a pivotal step in Painted Hills CUSO’s mission to streamline collaborations […]
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 […]
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? […]
Senso.ai and CU 2.0 Introduce CUCopilot: Uniting Credit Unions and Driving Industry Progress Using Generative AI
Senso.ai and CU 2.0, both leaders in bringing AI solutions to the credit union industry, have announced the launch of CUCopilot. This innovative offering, designed for credit unions and by credit unions, aims to drive considerable industry progress by uniting the industry to foster innovation and drive leadership in the financial services sector. Since the […]
Tailwind and Custom Software Development for Credit Unions
Credit unions are known for many things, such as member service, great rates, community involvement, and a lot of heart. Yet there’s a dark side, too. Heavy regulations, tight budget requirements, lighter staffing, and a lack of tailor-made solutions make for slower tech development and deployment than competitors. There may be a way around that. […]