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A Million and One Reasons to Participate in Technology Pilots

Do you want your credit union to be an early adopter or a patient follower?

By Jerry Bettens | October 04, 2019 at 09:00 AM
fintech acquisition Source: Shutterstock.

Today’s pace of technology innovation calls on all credit unions to make a decision: Do we want to be early adopters or patient followers?

While it’s certainly possible to fall somewhere in the middle, committing to either end of the spectrum has strategic value. For one, it makes decision-making much simpler. Avoiding the distraction of tech squirrels, for instance, is easier for credit unions that have adopted a wait-and-see approach. Similarly, credit unions that have affirmed an early adopter approach can get to the integration phase much more quickly when they identify emerging solutions that fit their objectives.

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