Digging into Delta and DeFi
John and Glen discuss credit unions’ evolving approaches to managing the Delta variant, Amazon’s expanding moves into DeFi, and a crowdsourced initiative helping CUs understand how members are engaging with cryptocurrency.
Plotting a Post-COVID Cash Course
We at BIG spend an unhealthy amount of time pondering the future trajectory of cash usage and its implications for credit unions- you’ll find some of our earlier analysis here.
Getting To Yes More Often
Glen chats with Scienaptic’s Kathryn Bonesteel about bringing artificial intelligence to credit union loan underwriting. Plus- Square buys now, and Americans remain unclear on open banking.
Fintech Buyers Club
Nick Evens, CEO of the $150 million Curql Collective investment fund, explains why the days of “one-off” credit union investments in fintech startups are over. Also- Square’s foray into small business banking and FICO’s waning clout.
Credit Union Takeaways from the White House’s Executive Order
Based on the industry’s reaction, you’d think the banking sector had been singled out in the Biden Administration’s recent Executive Order addressing market competition. The wide-ranging document actually encompasses 72 initiatives, with financial services the last category listed- well after healthcare, agriculture, and transportation, and in less detail.
Has US Open Banking’s Day Arrived?
John and Glen dissect the Biden Administration’s recent Executive Order and its likely impact on open banking, financial institution mergers, and services in “banking deserts.”
Buy Now, Pay… Smarter?
Glen’s candid conversation with Opy CEO Brian Shniderman about his firm’s twist on the BNPL model. Also- a flashpoint for US open banking?
El Salvador’s Bitcoin Gambit
John joins Glen from A Quiet Place to unpack El Salvador’s unexpected decision to treat Bitcoin as legal tender, in parallel with the US dollar- as well as last week’s wild ride in cryptocurrency prices.
Seven Key Takeaways from the Fed’s New Interchange/Fraud Report
The Federal Reserve is hardly one to court controversy. Given the polarized history plaguing interchange, not to mention persistent rumors of back-office plotting to revisit the Durbin Amendment, it’s nearly impossible to stay above the fray- even with a “just the facts, ma’am” report like the Fed recently released.
291 Million Credit Unions Members Can’t Be Wrong
Glen speaks with WOCCU’s Kadie Hochmuth about July’s World Credit Union Conference and the World Council’s 50th anniversary. Also- dissecting the Fed’s new interchange report and debunking Durbin conspiracy theories.