Erika Romenesko

Apr 11, 2024 | dakcu.org | Erika Romenesko

by Erika Romenesko, Strategy Manager, Lending Member Experience, TruStageTM​Money matters are top of mind for a lot of people today. Clickable economic headlines, charismatic financial influencers and the rising costs of nearly everything are definitely contributing to consumers’ increased financial anxiety. Worry often sparks action. Indeed, new research from TruStageTM indicates that consumers are taking financial steps that address their unique expectations and concerns.

Feb 26, 2024 | cuinsight.com | Liz Froment |Lauren Culp |Suresh Balasubramanian |Erika Romenesko

Biometrics — like fingerprint, facial, and voice recognition, along with dynamic security tokens — may promise a future of seamless and more secure banking experiences. Recent data highlights growing consumer acceptance of biometrics, with 44% of Americans using them instead of passwords. There certainly are appealing benefits for both banks and consumers. Biometrics can offer convenience and help defend against susceptible passwords given that 75% of people don’t follow password best practices.

Feb 26, 2024 | cuinsight.com | Sean Galli |Lauren Culp |Suresh Balasubramanian |Erika Romenesko

An effective community bank or credit union strategic planning session requires an effective facilitator. You can have the perfect day picked out, the right location booked and all the best minds in one spot…but it won’t mean much without a facilitator who moves you along to a usable plan. Don’t let your planning session die. Find the best possible facilitator to guide you.

Feb 26, 2024 | cuinsight.com | Atm Usa |Lauren Culp |Suresh Balasubramanian |Erika Romenesko

Credit and debit cards provide convenience for consumers, but they come at a steep price for retailers. As fraud attempts rise exponentially and processors hike their fees, the true cost of accepting plastic continues to grow every year. Let’s break down the key expenses and risks retailers take on with each consumer card swipe. Today the United States accounts for nearly half of global credit card fraud and these losses are projected to exceed $12.5 billion by 2025.

Feb 26, 2024 | cuinsight.com | Josh Schafer |Lauren Culp |Suresh Balasubramanian |Erika Romenesko

A blowout earnings report from AI darling Nvidia (NVDA) sent stocks to record highs last week. New inflation data will test that rally in the coming days. The S&P 500 (^GSPC) and Dow Jones (^DJI) ended the week up about 1%, while the Nasdaq Composite (^IXIC) added about 0.6%. Both the S&P and Dow closed Friday at record highs.