LAS VEGAS – It's no secret that consumers are constantly shifting their behaviors and gravitating toward financial services providers that make their lives easier, more convenient and more affordable.
At CU Direct's Drive conference Wednesday, CU Direct VP of Analytics and Advisory Services Michael Cochrum discussed four key trends in the fintech and mobility space and why credit unions should keep them on their radar.
1. Innovation. When it comes to this buzzword, credit unions should first understand that there are two types of innovation, Cochrum explained: Revolutionary, meaning the first of its kind (like the telephone) and evolutionary, meaning an improved version of an existing revolutionary product (like the smartphone).
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.