Investing in FinTechs and CUSOs to Increase Technological Capabilities
As the need for new technologies and faster innovation rises, credit unions can be tempted to merge with larger credit unions that can achieve those goals. However, there are alternatives to consider and partnerships that can bring value to the credit union and the member without the loss of a credit union. Emily Claus shares insight on how investing in CUSOs and FinTechs can increase your credit union’s technological capabilities.
An Opportunity for Credit Union Disruption
Chip Filson analyzes how a decline in bank branches might be a result of credit unions’ disruptive market strategies, following in behind banks and FinTechs to offer better service and cheaper products.
The Delicate Balancing Act of Business Innovation and Cybersecurity Risk
In an increasingly interconnected industry, with new APIs opening the doors for greater integration of more platforms, risk lurks right around the corner. Patrick Sickels discusses the inherent risk of APIs, but why it’s an acceptable cost for business innovation.
A FinTech Prospecting Tool: Product Hunt
Can credit unions learn from Product Hunt’s democratized approach to user feedback? Chip Filson thinks so. Read why innovation in Silicon Valley can be a model for credit union opportunities.
