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Oct 26, 2023 | 
cuinsight.com | Angela Prestil |CU Difference |Seth Brickman |Anthony Arizola
My neighbors have some seriously cool Halloween decorations. One house has a cauldron surrounded by three larger-than-life witches that are creepy even in the daylight. Another house has a set of 4 skeletons dressed as cheerleaders with three forming a human/skeleton pyramid and the other doing the splits. And of course, there’s the house with the obligatory 10’ skeleton dressed as the Grim Reaper. I guess skeletons are popular in my neighborhood.
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Oct 25, 2023 | 
cuinsight.com | Seth Brickman |Anthony Arizola |Andy Janning
The Federal Reserve issued a proposal Wednesday to make significant changes to the current debit card interchange cap. CUNA strongly opposes any changes—legislative or regulatory—to the current interchange system.
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Oct 25, 2023 | 
cuinsight.com | Seth Brickman |Anthony Arizola |Andy Janning
Ahead of today’s House Financial Services subcommittee hearing on modernizing financial services through innovation and competition, NAFCU Senior Vice President of Government Affairs Greg Mesack outlined several considerations to limit regulatory burdens on credit unions and support a level playing field. “Consumers today come to expect technological developments from their financial institution—from online banking to mobile bill pay,” Mesack wrote.
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Oct 25, 2023 | 
cuinsight.com | Esteban Camargo |Seth Brickman |Anthony Arizola
Scammers are constantly innovating, coming up with new ways and strategies to trick the innocent out of their hard earned money. As Cybersecurity Month draws to a close, we take a look at some of the most common scams, as well as some newer ones that you and your members should be aware of to avoid falling for the ruse.
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Oct 25, 2023 | 
cuinsight.com | VisiFi T.I.P.P.s |Seth Brickman |Anthony Arizola
Plaid serves as a bridge between credit unions and financial apps, facilitating the exchange of account data, including account balances and transactions. On today’s episode, our host Jami Jennings, VisiFI’s Vice President of Product Marketing Strategy, and Leia Ragland, AVP of Marketing and Business Development at Legacy Community Federal Credit Union, discuss why credit unions need Plaid, particularly in the context of catering to younger members.
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Oct 25, 2023 | 
cuinsight.com | Seth Brickman |Anthony Arizola |Andy Janning
You probably heard about the recent winner of the Powerball jackpot lottery, right? The Powerball Lottery had ballooned to a record amount of $2.04 billion by November 2022. Three months later, 31-year-old Californian Edwin Castro finally turned in the winning ticket, choosing the one-time payout of $997.6 million cash option. Following the required federal taxes, he walked away with $628.5 million.
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Oct 25, 2023 | 
cuinsight.com | Anthony Arizola |Andy Janning |Randy Ralston
In a world where customization reigns supreme, the adage “Have it your way” resonates more than ever. Imagine having the power to truly customize your lending experience, both as a member and as a credit union. That’s precisely what a cutting-edge Consumer Lending Portal offers—a platform that empowers you to craft your ideal lending journey, providing a preferred online experience for members while delivering faster decision-making capabilities for your credit union.
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Sep 7, 2023 | 
cuinsight.com | Shawn Temple |Rob Craig |Anthony Arizola
Finding employees these days is anything but easy … a confusing proposition in a potentially cooling labor market. According to a recent Reuters report, hiring and quitting rates both decreased (the hire rate falling to its lowest point since April 2020). But the drop in labor force participation dulled the effect of such changes, leaving only 5.9 million unemployed people to fill 9.8 million jobs. So, it’s a cooling-competitive market. How does that affect your credit union?
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Sep 7, 2023 | 
cuinsight.com | Rob Craig |Anthony Arizola |Bo McDonald
In today’s demanding economic climate, credit unions are feeling the pressure on their budgets, leading many to prioritize projects that deliver quick returns, enhance operational efficiency, and manage costs effectively—all while continuing to provide personalized services, attract members, mitigate risk, and ensure compliance. As a result, many FIs are turning to tools that leverage artificial intelligence (AI) to augment workflows and processes, also known as “intelligent automation”.
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Sep 6, 2023 | 
cuinsight.com | Anthony Arizola |Bo McDonald |Angela Prestil
CUNA and Winnow Solutions, LLC announced a relationship to make subscriptions to Winnow’s comprehensive state regulatory product available to CUNA members at a preferred rate. “We are excited about this relationship with Winnow to provide our Credit Union Compliance Management System PLUS™ (CU CMS+) users with a valuable tool to help them comply with the ever-changing state-level regulatory environment. ” said Jackie Ekdahl, director, compliance solutions for CUNA.
