The Digital Transformation Revolution – Is It Leaving Credit Unions Behind? Part 3
Surprisingly, 83% of credit unions indicate that they are offering digital consumer lending and 55% respond that are offering digital mortgages. Automated loan decisioning has the biggest impact on both the balance sheet and the consumer, but only one-third of credit unions are using data and machine learning to automate their lending.
The Digital Transformation Revolution – Is It Leaving Credit Unions Behind? Part 2
How the heck are CUs going to keep service and price advantages during the Digital Revolution!
One hundred percent of the retail world is going digital! While we may have slightly exaggerated that statistic, it is worth noting that only 50% of credit unions have a written and documented digital strategy.
Breaking Weekly Digital Gridlock #26: Producting
Join John as he discusses why producting without true cultural change will avail you nothing.
A CEO and Consultant’s Perspective On Voice, AI and Digital Transformation Part 1
Retail banking’s digital revolution is changing everything credit unions do for their members.
If credit unions react as they have in the past, by being first to market with online ATMs, online banking, and other technology, they will build on their long-term service and price advantages. If they don’t, banks, BigTech and FinTechs will build on recent wins and the credit union industry will go the way of savings banks.
Breaking Weekly Digital Gridlock #25: Facebook Libra Cryptocurrency Part 2
Join John as he continues to discuss Facebook’s new cryptocurrency, Libra and how it can affect you and your financial institution’s future.
A Quick Guide to Credit Union Member Acquisition Costs
Best Innovation Group, Inc, an innovation catalyst and strategic consulting partner focused on strengthening and growing credit unions recently released the results of its semi-annual Data Analytics Survey.
CU-2’s Credit Union Data Analytics Provider Guide 2019
Credit Unions are at a unique crossroads. We are behind on a handful of key trends. We must balance our technological needs with our focus on service, growth, and profit. At the same time, we have outside factors impacting us including fintechs, compliance, IT security, and ever-changing regulations.
The Digital Transformation Revolution – Is It Leaving Credit Unions Behind? Part 1
One hundred percent of the retail world is going digital! While we may have slightly exaggerated that statistic, it is worth noting that only 50% of credit unions have a written and documented digital strategy. Compare this to the Financial Brand findings that 79% of banks are executing on a digital strategy and that 76% of millennials prefer mobile services over other channels. You can see why only half of the credit uni
Staying Golden: California Credit Unions
Glen visits with California/Nevada Credit Union Leagues CEO Diana Dykstra for our ongoing state-by-state exploration of CU culture.
Breaking Weekly Digital Gridlock #23: AI Malware
Join John as he discusses how AI will change the face of Malware attacks, and how much more dangerous that could be to your data if you haven’t prepared properly.