Demystifying Techie Jargon for Non-Techies
Credit union executives have a lot to keep track of these days. As we move through our day-to-day, sometimes we hear words – especially from the IT team – that we think sound good, but we aren’t quite sure what they mean. Frequently there are nuances that can be lost on the layperson that might […]
6 Advantages of Cloud Core Processing for Credit Union Resiliency
More than 9 million acres are on fire in Canada, according to the New York Post, which also happens to be the start of hurricane season. The National Oceanic and Atmospheric Administration is predicting 12 to 17 named storms – these are the big ones – to hit the US in 2023. Credit unions face […]
Why Cloud-Based Core Processors are the Future of Credit Union Banking
In today’s rapidly changing digital landscape, credit unions face intense competition from larger financial institutions, community banks and new market entrants, like fintechs. To remain competitive, credit unions must break free from the shackles of outdated, legacy technology and leverage innovative technology solutions that enable them to deliver better services to their members while reducing […]
Credit Union Tech Partner or Vendor? Here’s How You Know
Some credit unions just want to buy ‘the thing’ and be left alone to manage it on their own. And that’s ok. Others might need a little help along the way, and that’s fine, too. Both have their value, but if you’re in the latter group, how do you know if you’re buying a product […]
A Lesson from the Friendly Skies: Are Legacy Systems Grounding Your Credit Union Technology?
Last week, the Senate held hearings on the Southwest Airlines debacle that left holiday travelers feeling less than merry. The airline ended up showing extra luv to nearly 300,000 passengers in the form of reimbursements, according to The Washington Post. The disruption was caused by antiquated staff scheduling software. A few weeks later the FAA had […]