No Day of Rest for Payments on Sunday
Glen speaks with Nacha’s Stephanie Prebish and Devon Marsh about the upcoming Smarter Faster Payments conference in New Orleans, as well as Same Day ACH’s remarkable sustained growth and the rising tide that lifts all riverboats. Also- First reflections on Americas Credit Unions’ leadership change, and… No Tariff Talk!
All the News That’s Fit To Share (Draft)
Glen speaks with Frank Diekmann, Founder and Publisher of the newly minted The CU Daily, about his latest venture and the need for “hard news” reporting in the credit union space. Also- a ray of light for CDFIs, grandstanding against paper checks, and splitting hairs on CBDCs.
Defending and Debunking Credit Unions’ Tax Status
Glen connects with the Defense Credit Union Council’s Jason Stverak to discuss the dual threats- not-for-profit tax treatment and CDFI designation- facing the industry, and the bizarre misrepresentations surrounding each. Also- Klarna’s IPO parade, and an acclaimed entry in the Credit Union Film Festival.
A Pivotal (Sub)Chapter in Credit Union History
The term “existential threat” has been coming up a bit too often for comfort- and this time it may not be hyperbole.
Following the Smart Money at GAC
Our second wave of interviews from the recent Governmental Affairs Conference features Glen’s interviews with company founders Paul Fiore (CU WealthNext) and Kian Sarrashteh (InvestiFi), plus Candescent’s new Chief Product Officer Gareth Gaston on digital banking lessons to be gleaned from fields like travel.
GAC Takeaways: Tax Exemption, Interchange, the CFPB and NCUA
Record-setting attendance of more than 6,000 is a nice headline, but it only begins to convey the story. Last week’s Governmental Affairs Conference featured heightened levels of energy and urgency that transcended badge counts- and not for entirely happy reasons.
A Taxing Week in Washington
Glen recaps an action-packed Government Affairs Conference, featuring our annual interview with America’s Credit Unions’ Economics Team on the coming year’s outlook. An “existential threat” to the industry’s income tax exemption headlined a packed agenda, but the CFPB, NCUA and interchange legislation were also on the menu- not to mention tariff whiplash and market uncertainty.
The Sky’s the Limit for Credit Union Communication
Glen quizzes John about his initiative leveraging social media app BlueSky’s open source architecture to create a moderated, inclusive platform for credit union dialogue and experimentation. Also- threading the needle at the Governmental Affairs Conference.
Zelle Hits a Trillion, Same Day ACH Says “Hold My Beer”
A flurry of year-end data provided valuable insight on the state of faster payments in the US and prompted some organizational chest-thumping. It also breathes new life into the question, “how fast is fast enough?”
Bringing Loans out of the Lab
Glen speaks with DePaul University professor and financial innovation expert Lamont Black about his recent work on a blockchain-based secondary loan market to unlock credit union liquidity and reduce costs. Also- Chase tries to keep Zelle in the “friends and family,” and 2024 payment stats beg the question “how fast is fast enough?”