Will Pay By Bank Run FIs Off the Rails?
Glen connects with Paylume’s Andrew Gomez to unpack the burgeoning pay by bank model, explore lessons learned from other countries’ rollouts, and consider the pros and cons facing banks and credit unions. Also- a possible open banking do-over, more stadium naming rights, and resisting the urge to spike the ball before the goal line.
Getting Direct About ACH
A pair of conversations from last week’s Smarter Faster Payments conference- Glen’s annual check-in with Nacha CEO Jane Larimer, and PASA CEO Ghita Erling shares insights on modernizing South Africa’s payment system through collaboration rather than mandate. Also- AI shopping agents, Uber discovers paper, and the vultures swirl around checks.
Going Where the Trust Is
Continuing our NACUSO Reimagine coverage, Glen speaks with Silvur founder Rhian Horgan about the “social journey of retirement” and how credit unions can play to their strengths in transitioning their biggest borrowers into their biggest depositors. Also- more of John’s conversation with cybersecurity expert Emma Zaballos about DeepSeek’s rise and the broader operational concerns around AI.
Honey, I Shrunk the NCUA Board
It was a fascinating week to be in the presence of 500 credit union leaders at NACUSO’s Reimagine conference. After all, the internal machinations of an obscure federal financial insurance/supervisory agency aren’t exactly headline fodder for the general public. To the industry professionals assembled in Vegas, however, it was clear a seismic shift had occurred. (Despite our lighthearted title let me be clear- this is no laughing matter.)
Big Ideas Cut Through the Chaos
Live from NACUSO’s Reimagine conference Glen speaks with the co-founders of Next Big Idea competition winner Goodbuy Cara Oppenheimer and Cary Fortin. CUSO lawyer Brian Lauer shares his insights on the rapidly evolving regulatory landscape, and then as if on cue the tectonic plates shift….
Executive Order to Eliminate Checks Isn’t Worth the Paper it’s Printed On
The number of Executive Orders emerging from President Trump’s Oval Office has been unprecedented. Many have been far-reaching and, in the eyes of some, over-reaching. Others have been just… weird. March 25’s EO mandating that the Federal Government cease issuing paper checks falls in the latter category.
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.