c. myblog

December 17, 2015

Strategic Planning: The Future of Money?

60 Minutes recently aired a segment on M-Pesa, an alternative currency, which is the preferred method for financial transactions in Kenya. In essence, M-Pesa allows cell phones to perform nearly all financial transactions without the use of a bank account or credit card. The full segment, which goes into more detail than this blog, is […]

December 3, 2015

If You Think Changes in Payments Won’t Impact Your ALM and Interest Rate Risk Management―Think Again

There are bites – small and LARGE – being taken out of credit unions’ non-interest income. Just consider: PINless PIN. Apple Pay – or the pay option du jour (e.g., Bitcoin, Samsung Pay, etc.). The increase in payments via ACH, including P2P. The decline in ODP. As these bites are being taken out of revenue, decisions […]

November 12, 2015

Strategic Planning for Payment Options

We all know there is tremendous uncertainty with respect to the payments battle. There are numerous players in this market. Just a few are shown below. It is not enough for credit unions to just add multiple payment options for members. If credit unions want to be able to generate revenue in this environment they […]

October 30, 2015

A Tough Question in a Short Message

Why is it critical to position for quality deposit acquisition, NOW? Because: The competitive environment is complex and changing at lightning speed. Technology companies are redefining banking for just about everyone—not just Millennials. Many credit unions have more than 65% of their deposits with members who are 60 years old or older. Hopefully the traditional […]

September 17, 2015

Planning for Successful Execution

Most organizations are juggling multiple projects at any given time. A critical element for successful project execution is having an understanding of how those projects affect one another in terms of resource requirements and timing. Without that understanding, resource bottlenecks will inadvertently be created. For more successful project execution, be sure to consider the following […]

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