c. myblog

August 11, 2016

Has Your ALM Technology Emerged From the Dark Ages?

In this wonderful world of amazing technological advances, member-facing technology provides convenience and ease of access that was unimaginable in the past.  Huge strides have also been made in supporting technologies, such as putting relevant data at employees’ fingertips for cross-selling, automated loan decisioning, and mining member data for marketing opportunities.  The same can be […]

July 12, 2016

Raging Payment Battle Requires Purposeful Strategic Thinking

Today, July 12, is Amazon’s Prime Day.  As part of the event, they are encouraging their members to apply for their Amazon Prime Store Card, which, among other features, offers 5% back on eligible Amazon purchases. The raging battle for payments continues to escalate.  Amazon is just one more threat to interchange income.  If you […]

May 6, 2016

Don’t Let the HOW Stand in the Way of the WHAT in Strategic Planning

We find that one of the pitfalls of the strategic planning process is that too much focus is placed on the “how” (implementation) before the “what” (strategy) has been decided. Often, decision-makers will gravitate toward the “how” because it feels more tangible but also because it seems to help determine the likelihood of success. This […]

March 10, 2016

A/LM Education and Anticipating What is Top of Mind

We are looking forward to hosting 3 days of asset/liability management (A/LM) education next week. Often our education classes will have a similar foundation of how to use A/LM to make decisions, how to identify what environmental factors to watch, and how to see potential problems that might be hiding in the modeling—to name a […]

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 […]

Start typing and press Enter to search