The Future of Payments: RTP & the FedNow® Service
Kendra Erickson explains the differences between the Clearing House’s RTP payment rail and the newly implemented Federal Reserve’s FedNow® Service payment rail, and what the future might hold for instant payments.
One Scam, Two Scam, Old Scam, New Scam
The more things change, the more they stay the same, or at least so it goes in the world of scammers. CUSO Magazine’s Esteban Camargo documents some of the oldest scams around as well as some newer ones that attempt to con your members out of their money.
What’s in a Project Specification?
Technical Writer Karen Sorensen shares some behind the scenes insight on creating project specifications, what goes into determining those specs, and the outcome those specs can have on other projects.
Managing Through Economic Cycles
McQueen Financial Advisors discusses the four stages of the economic cycle, where we are currently at, and how credit unions can adjust their strategy to best meet this stage.
The Lifecycle of Software Testing
Testing may seem like one short step in the entire software development process, but its importance cannot be understated, says Mary VanAntwerp as she shares the ins and outs of each stage of the software testing lifecycle and why having a quality tester is integral.
Tips for Managing Members’ Compromised Cards
When a member’s card is compromised, both the member and credit union will need to act quickly to minimize the damage. Linda Stearns offers advice on how to best approach the situation to resolve it quickly and support your members.
Even More Ratios to Understand Your Credit Union’s Performance
CUSO Magazine’s Esteban Camargo follows up on his previous article on important credit union ratios to understand with five more KPIs credit union leaders use to gain a grasp of their credit union’s financial performance.
Too Much of a Good Thing: The Net Worth Balancing Act
Credit unions need to maintain a certain net worth ratio to be considered well-capitalized, and many go above and beyond to ensure the safety of their institution. CUSO Magazine’s Esteban Camargo wonders whether it is possible to be too safe when managing net worth.
Credit Union Ownership Education and Assuming the Obvious
In an effort to educate their members on all things financial wellness, credit unions are often in danger of skipping over how they can educate their members as owners. Emily Claus discusses the importance of ownership education and how credit unions can teach “the obvious.”
What Exactly is a Corporate Credit Union?
CUSO Magazine’s Esteban Camargo continues Financial Literacy Month by shedding some light on corporate credit unions, what they are, how they formed, and where they stand today.
