Evernym Releases Digital ID Blockchain For Credit Unions
The software, known as MyCUID, is declared as a way for members of the credit union to protect themselves from identity theft and identity fraud. The ledger will allow users to share only that personal information that they need or want in a given situation.
Blockchain CUSO CULedger Joins WOCCU
The World Council of Credit Unions board of directors has unanimously approved CULedger, a U.S.-based credit union service organization, for WOCCU membership.
Family And The Bulletin Board
When I first started credit unions, branches were the thing. Home banking hardly even existed at that time and involved things like sending disks to members so that they could dial in to your organization like it was AOL.
Artificial Intelligence, Banking, And The Customer
Now there are people who would argue that blockchain technology or the distributive ledger is the most important new technology, and I certainly think that both of those are transformative. But when it comes to finding a really good fit between the customer and the banking industry, there is no more transformative technology than artificial intelligence.
Smartspeakers Are Calling; Are Credit Unions Picking Up?
Smartspeakers – or “digital voice assistants” – may have tongues wagging in the tech world, but they have people in the credit union industry talking, too. Why? Because those little listening devices that can play music, buy things or even lock the front door – all via voice command – are popping up everywhere, and developers are rapidly devising ways for them to help members track account balances, move money around and maybe even get loans or other products.
Credit Unions Are Way Behind The Curve On Data Analytics: Report
How far behind are credit unions when it comes to data analytics and digital transformation?
According to a recent study from Best Innovation Group and OnApproach, 45 percent of credit unions don’t currently have a strategy in place, and those that do have a strategy still say it will take three to five years to implement.
A Credit Union’s Biggest Cultural Challenge: Its Smart Use Of Data
Many credit unions are successfully building the fundamental skills and infrastructure they need to utilize data more effectively. They’re aggressively investing in analytic tools, staff skills, and warehouses, but less so in the newer tools of decisioning, fraud, and predictive machine learning and AI technologies.
Pick Your Track: The AXFI Conference Has Something For Everyone
The fifth AXFI Conference is going to be bigger and better than it’s ever been, now offering attendees three programming tracks focused on real-world, actionable takeaways: analytics, innovations, and cyber security.
2018 AXFI Conference: Big Ideas, Big Data, And Big Fun
There’s a reason that in just five short years the AXFI Conference has grown from less than 50 attendees to more than 250: it delivers insights that offer real value to all levels of credit union management, C-Level, VPs, managers, and tech staff.
Credit Unions Should Build Brand Equity Now For Voice-First Banking
Nothing has an impact on customer engagement quite like brand equity. A strong brand reputation takes time to build and is challenging to maintain, but your credit union’s long-term success depends on enhancing your image in the eyes of your members. When implementing a new technology, such as entering the voice-first market, it’s important to consider how to reinforce and build your brand.