Geolocation Messaging Increases CU Brand Awareness: Filene Study
Want to boost member engagement? You’ll need to get your members to pull out their smartphones.   more »
The Center For Financial Services Innovation has released a framework it says is designed to spur safe data sharing between financial institutions, fintechs and third-party data aggregators. more »
The World Council of Credit Unions has launched a social media app aimed at bringing together the global credit union community, but questions remain about whether or not it will catch on. more »
For all the talk of various generations defined by birth year – baby boomers, Gens X and Y, and millennials – Brian Solis says there is a new generation for businesses of all types to focus on: Generation C, the Connected Customer. more »
An online loan-decisioning and funding app for credit unions is the winning idea in this year’s KnockOut innovation competition from PSCU, a 24-hour “hackathon” that aims to find new technology solutions for credit unions. more »
Empower Credit Union West Allis, Wis., has converted to Symitar Episys core processing system provided by Member Driven Technologies. more »
The Federal Financial Institutions Examination Council reiterated Monday that its cybersecurity assessment tool is voluntary, despite bankers' fears that not using it could put them in hot water with their examiners. more »
Financial institutions are expected to spend more on technology in the coming year, with the cash earmarked for things like upgrading mobile apps and adding self-service tech in branches. more »
WASHINGTON – The government should encourage the development of the fintech sector, but should not grant a safe harbor for such firms, Sen. Mark Warner, D-Va., said Thursday. more »
Up to five finalists will share a $10,000 prize that recognizes innovation in financial services. more »
Birthday greetings from Facebook friends are far more dangerous than many consumers realize. more »
The Jackson, Mich.-based credit union says members are still reporting fraudulent activity on reissued cards, even though the fast food chain says it has solved the malware issue that led to the data breach. more »
Figuring out the technology needs of millennials is just a warm-up for how an even younger generation will expect to be able to interact with credit unions. more »
How Diverse is Your CU?
This video from NCUA introduces the regulator's new diversity self-assessment checklist to help credit unions can improve their diversity efforts. The assessment has no bearing on an institution's CAMEL rating and is not part of the exam process.