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8 Reasons Facebook's Libra Threatens Credit Unions

Libra isn't like other digital wallet, Bitcoin and blockchain rollouts – here's why it could permanently disrupt the CU industry.

By Robert Colvin | June 24, 2019 at 09:00 AM

On June 18, Facebook announced plans in 2020 to launch Libra, a new cryptocurrency, and Calibra, a digital wallet. It's tempting to ignore this news because previous wide-eyed speculation over the effect digital wallets, Bitcoin and blockchain would have on credit unions hasn't come to pass.

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1 Another Credit Union in the Hot Seat With Members of Congress

2 Professionals Step Into New Roles at Metro CU, Navigant CU & Corporate One

3 Sentence Handed Down in Bayer Heritage FCU Theft

4 Loan Portfolios Shrink for Third Month in a Row

5 North Carolina's Coastal Credit Union Surpasses $5 Billion in Assets

Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
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Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
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Consulting
Consulting Best Firms to Work For 2024
September 12, 2024 - New York

Consulting Magazine identifies the best firms to work for in the consulting profession.
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Shared Accounts With CU Times: Modernizing Credit Union Credit Cards

By Michael Ogden | May 14, 2024

Orange County's CU Chief Lending Officer Jeff Harper tells us what it takes to grow a credit card program.

Shared Accounts With CU Times: Modernizing Credit Union Credit Cards

The Secret to Generating Revenue With Real-Time Payments

By Abhishek Veeraghanta | May 06, 2024

Learn some practical ways that your CU can develop products and services using an instant payments service.

The Secret to Generating Revenue With Real-Time Payments

Banks See Credit Unions As a Threat, but the Feeling Isn't Mutual: Study

By Natasha Chilingerian | May 01, 2024

Jack Henry reveals where banks and CUs agree and disagree on competitive threats, tech spending, strategic priorities and more.

Banks See Credit Unions As a Threat, but the Feeling Isn't Mutual: Study

Check Fraud Mitigation: Capabilities to Protect Your Credit Union link

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