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Oct 25, 2024 | 
cuinsight.com | Suresh Balasubramanian
In the fast-paced world of financial services, embracing fintech-driven innovations offers a powerful opportunity for credit unions like yours to stand out. McKinsey predicts that fintech revenues will soon outpace those of traditional financial institutions by nearly three times. Rather than seeing this as a threat, it’s a chance to reimagine how you serve your members and create more value.
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Aug 7, 2024 | 
cuinsight.com | Suresh Balasubramanian
Everyone deserves access to useful, affordable financial products and services that meet their needs and help them achieve their goals. That’s the guiding principle behind financial inclusion, a social impact initiative that’s no longer just a moral imperative for financial institutions but also a reputational and emerging regulatory imperative, as noted in a 2023 report from Boston Consulting Group (BCG).
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Jul 17, 2024 | 
nature.com | Tariq Kewan |Olisaemeka Ogbue |Sudipto Mukherjee |Anjali Advani |James Cook |Hetty Carraway | +2 more
TO THE EDITOR:Extramedullary deposits of acute myeloid leukemia (eAML), constitute an unusual presentation or complication of AML, which can occur in isolation (isolated eAML) or in the context of a fully-blown leukemic process (synchronous eAML) either at diagnosis or relapse [1,2,3].
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Apr 12, 2024 | 
cuinsight.com | Lauren Culp |Nanci Wilson |Suresh Balasubramanian |John Goltz
Making ends meet is hard—very hard—for most Americans. As of January 2024, 62 percent of Americans report living paycheck to paycheck, an increase of 2 percent from a year ago, according to PYMNT Intelligence, New Reality Check: The paycheck to paycheck report1. This includes 36 percent of consumers with incomes of more than $200,000 a year and means that for most individuals or families, their income barely covers essential living costs like housing, groceries, transportation, and utilities.
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Apr 12, 2024 | 
cuinsight.com | Nanci Wilson |Lauren Culp |Suresh Balasubramanian |Scott Butterfield
I recently had a birthday and to celebrate this momentous occasion, my doctor offered me a colonoscopy. I think I need to school him on what a gift actually is. Although I feel like this was a crappy gift (oh you know I had to)I went ahead and made the appointment to have it done. Now there are a lot of things in life that we must do that we don’t want to, but this ranks right up there with intentional cardio for me.
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Apr 11, 2024 | 
cuinsight.com | Michael Wayland |Lauren Culp |Suresh Balasubramanian |Scott Butterfield
Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs for U.S. vehicle owners. On a monthly basis, car insurance prices as part of the consumer price index rose by an unadjusted 2.7%, while the year-over-year increased by 22.2%, according to data released Wednesday. The index is a key inflation gauge and a broad measure of the cost of goods and services across the economy.
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Apr 11, 2024 | 
cuinsight.com | David Baumann |Lauren Culp |Suresh Balasubramanian |Scott Butterfield
America’s Credit Unions President/CEO Jim Nussle this week urged Senate Judiciary Committee Chairman Sen. Dick Durbin, D-Ill., to abandon any plans that might alter the mandatory arbitration system some credit unions use to resolve disputes with members.
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Apr 11, 2024 | 
cuinsight.com | Cesar Boralli |Lauren Culp |Suresh Balasubramanian |Scott Butterfield
Brazil’s instant payment system Pix has become a global success story in real-time scheme implementation. Launched in late 2020, it reached:42 billion Pix transactions in 2023 vs. 17.8 billion for credit cards and 16.3 billion for debit cards, according to the Brazilian Federation of Banks. That 42 billion represents a 72% increase over 2022. BRL 17.2 trillion (US$3.4 trillion) in transactions made on Pix in 2023 — versus BRL 3.4 trillion (US$677 billion) with cards.
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Apr 11, 2024 | 
cuinsight.com | Lauren Culp |Suresh Balasubramanian |Scott Butterfield |Albert Howard
All eyes are on PSCU/Co-op Solutions this week as 2024 Member Forum, PSCU’s legacy conference, kicks off in San Antonio. This year’s event boasts record attendance with over 1,400 credit union leaders registered. Event headliners include former President George W. Bush and Melissa Proctor, and event signage features this year’s theme “United in Vision.”Much of the attention this week is on the recent merger for PSCU/Co-op Solutions.
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Apr 11, 2024 | 
cuinsight.com | Jennifer Schonberger |Suresh Balasubramanian |Scott Butterfield |Albert Howard
Two Fed officials offered new reassurances Thursday to investors a day after another hot inflation reading spooked markets, saying it is still possible that interest rates will be cut this year. New York Fed president John Williams said it will make sense to reduce rates gradually “starting this year” if the economy proceeds as expected.
