Technology
Preparation is the Key to Success
By admin at April 24, 2012 | 3:49 pm | 0 Comment
By W.B. King While a Halloween snowstorm seemed to be a harbinger for a long, cold winter, thankfully most northern east coasters, me included, didn’t have to murmur Richard the Third’s famed line, “Now is the winter of our discontent.” Crocus and tulips bloomed early, and as the spring equinox passed in the early morning hours of March 20, change was more...
Technology has Soul
By admin at March 30, 2012 | 9:32 am | 0 Comment
By W.B. King I’m a fan of all kinds of music, from the Grateful Dead to Mstislav Leopoldovich Rostropovich. The latter’s take on Bach’s cello suites has removed many writing blocks. (I’m listening now.) Regardless of genre, music is comprised of two critical components: theory and soul. With Whitney Houston’s passing the night before the Grammy Awards, a more...
Financial Education Meets Groupon – What Credit Unions Stand to Gain from CUponDeals.org
By admin at March 29, 2012 | 6:35 pm | 0 Comment
With the Groupon IPO and many new deal sites opening to serve niche interests, the question of whether or not members of credit unions—members of all credit unions combined—have enough common ground to justify a deal site of their own is intriguing. Can 91-million members have as much in common as moms, business owners, and other niche markets two which deal sites are more...
Business , Community , Marketing , Technology
ATM Technology – Out with the Old, and In with the New
By admin at February 27, 2012 | 8:19 pm | 0 Comment
In recent years, personal teller machines (PTMs) have become popular; some call them ATMs on steroids. By W.B. King While this column is being written during the feverish ramp up to the long-awaited Super Bowl rematch between the New England Patriots and the New York Giants, I do not have a crystal ball; I only hope and trust the latter team wins. I’m not a more...
A Call to Serve – Inspired by Martin Luther King Jr.’s Words
By admin at February 7, 2012 | 4:59 pm | 0 Comment
Credit unions that deliver exceptional rates, customer service and ease-of-use applications will have the unique opportunity to grow exponentially and should the heed the call of their members, so senior executives really need to listen to them. By W.B. King I can’t recall whether it was the convenience of his last name or the intriguing cover art, but the first more...
Featured , Leaders , Milestone , Technology
Virtually Wonderful – How One Credit Union Closed All Branches and Created a Win for the Credit Union, and its Members
By admin at February 7, 2012 | 4:37 pm | 1 Comments
By Laura Enock How does a credit union transition from 12 branches across the country to no branches at all? What was the reaction of members––mostly women in their 40s and older––who were not exactly prime candidates for a virtual credit union? What did they lose in the process? And, most importantly, was it the right decision? To find out, we more...
Mobile Migration – Building Smartphone Services Into Your Credit Union
By admin at January 9, 2012 | 4:14 pm | 0 Comment
To move into mobile services, for banks and credit unions of any size, a secure platform and smart, well-educated users are essential. By Ondrej Krehel With more than 82 million Americans now carrying smartphones, it’s no surprise that credit unions of all sizes are aggressively moving into mobile banking. Accessing accounts, paying bills and moving money from more...
2012 – The Year of the Credit Union
By admin at January 9, 2012 | 4:07 pm | 0 Comment
The industry forecast for the future looks good. By W.B. King By the time this column is read, the collective holiday hangover will have (hopefully) eased and respective thoughts on the New Year will once again emerge. Putting aside the Mayan calendar and all the forecasted doom and gloom associated with 2012, the credit union industry has reason to bang the drum more...
The Main Street Opportunity How Technology is Changing Small Business Lending
By admin at January 9, 2012 | 3:57 pm | 0 Comment
By Mitch Jacobs Does this story sound at all familiar to you? A local Main Street business, an auto repair shop, restaurant, or local retailer contacts the credit union and expresses an interest in financing for marketing, renovation or remodeling, to purchase new equipment or to better handle some challenge confronting their business. Whether you know the business more...
Cummins-Allison Announces New Check-image Capture Capability
By admin at October 22, 2011 | 9:00 am | 0 Comment
Cummins-Allison, an innovator and provider of currency and coin-handling solutions, announces a check-image capture using the same device that also processes currency. The JetScan iFX™ i100 is a two-in-one device that brings significant efficiencies to businesses that process both checks and currency. The JetScan iFX i100 captures full, industry-standard, more...
