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May 3, 2024 | 
eueder.medium.com | Eder Ribeiro
No universo do desenvolvimento de software, sempre nos deparamos com o desafio de equilibrar a manutenção da excelência do código e o cumprimento dos prazos para proporcionar valor ao cliente. Mas, como encontrar o ponto ótimo entre esses dois objetivos? Argumento em favor da qualidade: Garantir um alto nível de qualidade no software é essencial para a sustentabilidade do projeto a longo prazo.
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Apr 25, 2024 | 
cuinsight.com | Barry Kirby |Anthony Hernandez |John Spence |Eder Ribeiro
While credit unions have long been known for their ‘people helping people’ mindset and strong dedication to member service, their ethos is often overlooked by the younger generations. Despite offering unmatched service, competitive rates and intuitive offers, only 14% of Americans ages 25-34 are members of credit unions. Why so little? The answer is simple—most young people have limited exposure to and understanding of credit unions compared to previous generations.
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Apr 24, 2024 | 
cuinsight.com | Chibuike Oguh |Anthony Hernandez |John Spence |Eder Ribeiro
Benchmark S&P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants. An auction of a record $70 billion worth of five-year U.S. Treasury notes on Wednesday helped to push bond yields higher and had weighed on equities. The benchmark 10-year Treasury note rose five basis points to 4.6459%. The Dow finished lower while the Nasdaq ended higher.
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Apr 24, 2024 | 
cuinsight.com | Anthony Hernandez |John Spence |Eder Ribeiro |Randy Ralston
As tumultuous as the current economic field may seem, it’s not all doom and gloom as Q1 comes to a close. According to Joseph Mayans, Chief Economist at Experian, there are signs of a more optimistic 2024 than we had in 2023. He shares his economic and credit outlook for the year ahead, along with consumer credit trends and potential risk areas. With consumer spending on the rise, low unemployment rates, and an unexpectedly resilient market, we’re looking at a solid growth picture.
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Apr 24, 2024 | 
cuinsight.com | Anthony Hernandez |John Spence |Eder Ribeiro |Randy Ralston
Class action lawsuits against large, well-known lenders are bringing increased attention to ancillary product refunds (like GAP, Tire & Wheel, and AD&D.) Despite the many challenges of managing these product refunds in-house, the legal and reputational risks are raising the stakes for how FI’s internally accept ownership of the refund process. Finding Talent: Labor rates make it more costly than ever to hire top talent.
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Apr 24, 2024 | 
cuinsight.com | David Baumann |Anthony Hernandez |John Spence |Eder Ribeiro
If you can’t keep track of the efforts to kill the Consumer Financial Protection Bureau’s final rule limiting many credit card late fees to $8, don’t feel bad. Opponents of the proposal are trying to shoot it down everywhere. So far, they are failing. The rule still is slated to go into effect next month. It may seem like years ago, but it was only last month that the agency that Republicans and credit union trade groups love to hate issued a final rule on credit card late fees.
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Apr 24, 2024 | 
cuinsight.com | Anthony Hernandez |John Spence |Eder Ribeiro |Randy Ralston
The Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis focusing on patterns and trends identified in Bank Secrecy Act (BSA) data linked to Elder Financial Exploitation (EFE) – the illegal or improper use of an older adult’s funds, property, or assets.
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Apr 24, 2024 | 
cuinsight.com | Anthony Hernandez |John Spence |Tracie Kenyon |Eder Ribeiro
When I was in command during my Air Force career, four primary responsibilities guided my daily actions: 1) execute the mission, 2) lead people, 3) manage resources, and 4) improve the unit. You don’t have to have served as a military commander to understand these duties as a leader. In fact, I believe most CEOs would agree these are basic responsibilities that accompany leading an organization.
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Apr 24, 2024 | 
cuinsight.com | John Spence |Tracie Kenyon |Eder Ribeiro |Randy Ralston
Creating a unique and valuable strategy is pivotal to your credit union’s success in a highly regulated industry where it is challenging to stand apart from your competition. Hence, the annual “strategic planning” retreat. But I think calling it a planning retreat is misleading. You’re not there to create a plan. You’re there to develop a strategy. There is a big difference.
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Apr 24, 2024 | 
cuinsight.com | Eder Ribeiro |Marla Pieton |Lesley Sears |Kristi Meyer Brooks
Last year, the global business community experienced a record number of data compromises. While many critical attacks occurred, a surprising number of organizations never had their security protocols directly breached. Instead, a growing number of third-party vendors, like accounting firms and managed service providers, were targeted—exposing the valuable data of their clients. For credit unions, the risk of third-party breaches is multifaceted.
