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Using Automation to Increase Loan Participationby Matt Johnner on December 3, 2019
Loan participation is not a new concept, but the way credit unions approach it is in need of an update. Currently loan participation is a…
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Fintech/Credit Union Partnerships Offer Potential for Innovationby Lin Grinsing Pophal on November 30, 2019
VyStar Credit Union has recently invested $1.25 million in PayverisCU, a Credit Union Service Organization (CUSO) with a focus on financial wellness and innovative money…
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Myth vs. Reality of Contactless Payments Securityby Dr. Art Harper on October 15, 2019
The U.S. is experiencing a turning point in the adoption of contactless payment methods. More and more merchants are beginning to embrace contactless and turn…
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Turning a 700+ Score into a 800+ Scoreby Rex Johnson on October 15, 2019
My team of consultants work with hundreds of credit unions each year, and we are constantly noticing new trends. In recent years, we are seeing…
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The four cornerstones of successful and continuous innovation for credit unionsby Mehmet Sezgin on October 8, 2019
Innovation defines our age, but it is more than an overused concept or throw-away buzzword. . What is innovation? The word has become practically synonymous…
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Open Banking is Not Yet in the United States. But Banks and Credit Unions Better Start Planning for it Nowby Michael Lynch on October 3, 2019
Open banking is currently mandated in the EU, via a European directive. The regulation behind open banking is the second Payment Services Directive (PSD2). Open…
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How to Sensibly Manage Large Amounts of Moneyby Richard Jones on September 30, 2019
Whether it’s a large sum of money received from an inheritance, a compensation payment or money won on the lottery, there are many ways for…
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VyStar Credit Union Acquires Citizens State Bankby Judy Walz on September 3, 2019
Jacksonville, Florida – VyStar Credit Union (VyStar) announced today that it has successfully acquired Citizens State Bank (CSB), a Florida state-chartered bank headquartered in Perry, Florida…
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PSCU Helps Keep Credit Unions’ Cards Top of Wallet for Amazon Prime Dayby Glynn Frechette on July 25, 2019
This year’s Amazon Prime Day resulted in the largest shopping event to date for the e-commerce giant with more than 175 million items sold in 48 hours,…
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Slashing Costs with Robotic Process Automationby Kent Zimmer on July 15, 2019
What do you think of when you hear the word “robot?” Maybe it’s a gigantic mechanical arm that swoops down from the ceiling to tighten…
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The Challenges and Opportunities of Peer-to-peer Lendingby Lin Grensing-Pophal on June 27, 2019
As peer-to-peer lending grows in popularity and consumers increasingly have access to lenders outside of their local communities, what can community banks do to strengthen…
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Is Vendor Management Holding Credit Unions Back?by Jorge Ponce on June 19, 2019
Technology is rapidly changing the way credit unions do business, with new solutions at every turn. However, sometimes finding these new solutions can be difficult.…
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