Recent events in the U.S., as well as policy changes abroad, have elevated the continued risk of reduced interchange revenue with respect to both credit and debit card programs.
About 20 years ago, a small group calling itself the African-American Credit Union Coalition held its first official annual meeting in St. Louis.
As the financial industry has grown more globalized and complex, institutions increasingly face dilemmas that challenge established moral and ethical standards.
When you go to a car dealer your intentions are never to pay the sticker price or the price you are told it would take to drive it out the door.
We have all heard the saying, “An ounce of prevention is worth a pound of cure.”
Was it right—or was it wrong? Were you paying attention?
Many credit union strategic planning sessions close with an objective or central idea that reads, somewhere along the lines of “Expand our digital reach to members,” or “Design a credit union-wide digital experience,” or “Increase members’ digital engagement with our credit union.”
This was a busy year with several factors converging in the investment services industry—increased competition, commoditization of advice, continued decreases in branch traffic, and growing fiduciary pressure.
When building a new corporate office for your brand, you’re leaving a legacy for future generations.
Regardless of who is elected president, it takes some time before that person is comfortable with the individuals they surround themselves with as cabinet officials, advisors, aides and confidants.