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Nov 11, 2024 | 
cumanagement.com | Peter Myers |Laurie Maddalena |JB Orecchia
3 minutes A Game-Changer for Credit Unions and Their Members CFPB’s new data rights rule empowers consumers but poses challenges for credit unions. Discover key impacts, compliance strategies, and how this shift could reshape member experience and competition. On October 22nd, the CFPB issued its final rule on personal financial data rights aimed at empowering consumers’ control over their financial data. This falls under the Consumer Financial Protection Act of 2010, specifically Section 1033.
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Mar 28, 2024 | 
globalbankingandfinance.com | JB Orecchia
Deposit levels are declining for the first time in decades, and FIs are tasked with a challenge: grow deposits without straining the marketing budget. JB Orecchia, President and CEO of SavvyMoney, has five steps for FIs to stimulate deposit growth by nurturing customer relationships through excellent customer experiences. By JB Orecchia, President and CEO of SavvyMoneyHow FIs can grow their deposit levels using this 5-step planPicture this: It’s Q4 2021.
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Mar 15, 2024 | 
cutimes.com | Natasha Chilingerian |Michael Ogden |JB Orecchia
Expert Opinion An investment in a modern, inclusive approach to member support and engagement is an investment in the future. By Natasha Chilingerian | March 15, 2024 at 09:00 AM Already have an account? Sign In Natasha Chilingerian Natasha Chilingerian has been immersed in the credit union industry for over a decade.
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Mar 6, 2024 | 
cutimes.com | JB Orecchia |Natasha Chilingerian |Michael Ogden
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Sep 22, 2023 | 
bankdirector.com | JB Orecchia
Last year, for the first time since 1948, deposit levels declined. In the wake of these dwindling deposits, financial institutions are scrambling to drive deposit growth without overexerting their marketing budgets. Despite challenges like economic uncertainty and profitability pressures, banks can grow deposit levels on a budget by following these five steps. 1.
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Jul 26, 2023 | 
fintechfutures.com | JB Orecchia
At the 2023 Banking Tech Awards USA, SavvyMoney won in the Best Embedded Finance System category with its SavvyMoney Credit Score solution. Digital alternatives to traditional banking, such as embedded finance and Banking-as-a-Service (BaaS), have drastically risen in popularity in the last several years and proven to be formidable competitors in the sector.
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Jun 2, 2023 | 
ffnews.com | Alisa Thoren |JB Orecchia
SavvyMoney, a company powering innovative, market-leading credit score solutions, today announced that it has been honored with the Best Embedded Finance System award at the 2023 Banking Tech Awards USA, powered by Fintech Futures. The award recognizes SavvyMoney’s outstanding contribution to the banking industry and innovative approach to embedded finance solutions.
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May 16, 2023 | 
bai.org | JB Orecchia
Younger generations are leaving traditional banking fast. According to BAI, 37% of Gen Zers prefer to open deposit accounts via a mobile app, compared to just 24% of Gen X and 4% of Boomers.
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May 8, 2023 | 
ffnews.com | Joshua Hackett |JB Orecchia
SavvyMoney, a company specializing in innovative credit score solutions, has been recognized as one of the 2023 Best Places to Work in the Bay Area by The San Francisco Business Times and Silicon Valley Business Journal. The company ranked among the top 25 for companies with 25-49 employees, a testament to their commitment to creating a positive workplace culture. JB Orecchia, President and CEO of SavvyMoney, emphasized the importance of a positive workplace culture to the company’s success.
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Apr 29, 2023 | 
aithority.com | JB Orecchia
The fintech industry is evolving rapidly. The space is expected to be valued at nearly $700 billion by 2030, a sevenfold increase from 2020. From mobile payments to online lending to in-app gamification, fintech has opened new avenues for consumers and businesses to access financial services. As we move through 2023, the fintech industry’s most significant milestones center on retail banks and credit unions and how technology can help them best serve their customers.
