During challenging economic times it is important for lenders to use new technology to help find new markets
Marketplaces are dominating so many areas of business these days. There are Airbnb, Uber, eBay, Etsy and of course the...
On episode 25 I talk with Duy Vo of Productfy. Productfy is a fast and easy developer-first platform for any company...
Trade groups that work on behalf of banks and credit unions warned the Office of the Comptroller of the Currency...
In this episode we talk with Brian Kaas, the Managing Director & President of CMFG Ventures. We discuss the state of play with credit unions today, why they are more open to partnering with fintechs, how credit unions are evolving and more.
The "Facebook Initiative" has helped increase lending at Irish credit unions and now 15% to 20% of loan inquiries come through the social networking site; the program initially started out as a pilot project and has moved into a key source of new leads; half of consumers that used this program never borrowed from a credit union before; the process involves a 30 second inquiry online, then lending officers call the borrowers to ensure they understand what they are borrowing; this is part of a broader move by the Credit Union Development Association (CUDA) in Ireland to spur innovation in finance. Source
One of the trickiest circumstances for banks and credit unions during the pandemic was how to get high speed internet...
The Clearing House, which is owned by a consortium of the biggest banks, has extended an olive branch to smaller...
Union Credit's platform provides credit unions with new, credit-worthy members by aggregating consumer data and matching it with various credit union fields.
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If AI is properly deployed, it improves credit unions’ fraud decisioning capabilities, Provenir’s EVP for North America Kathy Stares believes.