BIGcast

In This Episode:

• Todd provides his background with CUs, work history and his background in the payments industry.
• The scalability of Shared Branching and its importance as a product and services differentiator in the credit union industry.
• Who are the credit union’s true competitors, and how to determine if your financial institution is at risk of losing top-of-wallet status to a large bank using data and predictive analytics.
• The use of distributed ledger technology to prevent fraud.
• Using data analytics to prevent fraud and predict member behavior.
• The maturity of fraud, its relationship to new payment innovations, and unconventional ideas for fraud protection.
• The millennial effect on the future of payment apps.
• CO-OP’s support for CU Ledger, Zelle, and other emerging payment technologies.
• What is CO-OP’s focus for 2017 and beyond.

You can visit CO-OP’s on the Web at https://www.co-opfs.org/.

URLs related to this week's BIGCast:

• http://www.culedger.com/ - To learn more about BIG’s distributed network for credit unions, visit the CU Ledger Home page
• https://www.zellepay.com/ - To learn more about the Zelle app
• http://info.co-opfs.org/WEB.WP.Blockchain_LP.html - Mercator White Paper: Are Blockchain Solutions Ready? Three Blockchain Solutions Put to the Test, report for TMG and CO-OP on CU blockchain solutions
• http://www.cunacouncils.org/cuna/assets/files/100504_UnitusCommunityCU2015winningentry.pdf - Details on “The Hub”, Unitus Community Credit Union’s project to automate the sales referral process.
• http://www.savvyintel.com/ - BIG’s Setit Credit business partner.
• http://www.setitcredit.com/ - To learn more about Setit Credit and how it allows your credit union to gain a larger share of your member’s wallet.