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Oct 8, 2024 | 
cuinsight.com | Lauren Culp |Matt Bauler
CUInsight Publisher & CEO Lauren Culp is joined by Matt Bauler, Chief Revenue Officer at Securian Financial for a quick interview with just 3 questions about post close debt protection…Three questions:(0:30) What were some of the highlights from the Securian survey? (1:47) What solutions are available to help in these situations? (2:45) How does that work if the loan is already processed?
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Mar 15, 2024 | 
cuinsight.com | Evelyn Long |Devesh Khare |Matt Bauler |Nanci Wilson
Sustainability is a crucial aspect of today’s professional landscapes. Credit unions have a golden opportunity to stand out in this green revolution. Weaving eco-friendly practices into their operations shows communities how businesses can thrive while respecting the planet. This leadership can spark positive change, encouraging others to follow suit and make sustainability the new norm in business excellence.
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Mar 14, 2024 | 
cuinsight.com | David Baumann |Devesh Khare |Matt Bauler |Nanci Wilson
Are nonbank payment companies financial institutions that should be regulated by the Consumer Financial Protection Bureau, or are they technology companies that the agency should not attempt to regulate? A subcommittee of the House Financial Services Committee struggled with that issue on Wednesday, and as the hearing ended, the panel and witnesses remained divided over the answer to that question.
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Mar 14, 2024 | 
cuinsight.com | Devesh Khare |Matt Bauler |Nanci Wilson |Carl Clark
Buy now, pay later (BNPL) is ready for its close-up. The 2023 holiday season confirmed that BNPL is gaining traction with both consumers and merchants. Adobe reports that online BNPL spending was $16.6 billion for the period, . For all of 2023, BNPL purchases online totaled a record $75 billion, an increase of 14.3% over 2022. BNPL has demonstrated remarkable growth since it was first introduced in its current form during the pandemic.
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Mar 14, 2024 | 
cuinsight.com | Devesh Khare |Matt Bauler |Nanci Wilson |Carl Clark
Each year we work with hundreds of financial institutions, helping them think through their business model for today and into the future. Because of the successes we’re seeing, we thought it would be helpful to outline processes and habits that can help strengthen the thinking among leaders and Boards across the industry.
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Mar 14, 2024 | 
cuinsight.com | Emily Claus |Devesh Khare |Matt Bauler |Nanci Wilson
Just when you thought you’d heard the last from the 2024 Governmental Affairs Conference, we are back with more! If you were unable to attend the GAC this year or perhaps were overwhelmed with the events of the week and all the information you received, then don’t worry, we are here to provide the highlights.
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Mar 14, 2024 | 
cuinsight.com | Steve Cocheo |Devesh Khare |Matt Bauler |Nanci Wilson
American consumers have high levels of satisfaction with buy now, pay later options, according to the inaugural edition of a J.D. Power study examining this trend. But what’s most surprising is that the top three providers in the study don’t include any of the firms that specialize in BNPL financing. The leading offering at 695 on a 1,000-point scale is Plan It from American Express, which permits consumers to turn Amex credit card charges into fee-based installment plans. Plan It started in 2017.
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Mar 14, 2024 | 
cuinsight.com | Greg Iacurci |Devesh Khare |Matt Bauler |Nanci Wilson
The U.S. Federal Reserve is likely to start cutting interest rates by the end of the second quarter despite recent “hotter than expected” inflation data, according to Kristina Hooper, chief global market strategist at Invesco. The U.S. economy is also likely to dodge recession as the Fed calibrates interest rate policy, she and other strategists said Wednesday at Financial Advisor Magazine’s annual Invest in Women conference in West Palm Beach, Florida.
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Mar 14, 2024 | 
cuinsight.com | Devesh Khare |Matt Bauler |Nanci Wilson |Carl Clark
The credit union tax status is a responsibility for credit unions to put people over profits, America’s Credit Unions President/CEO Jim Nussle wrote in American Banker. Nussle highlighted that—despite bank falsehoods—the data shows the reality behind the credit union difference.
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Mar 14, 2024 | 
cuinsight.com | Devesh Khare |Matt Bauler |Nanci Wilson |Carl Clark
Credit unions continuously face unique challenges in today’s ever-evolving financial landscape. They run the gamut from regulatory changes and economic uncertainty to technological advancements and evolving member expectations. With so many factors to consider, credit unions must embrace and implement data-driven decision-making and leverage technology to cultivate their own and members’ success.
