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Investing in fintech. (Source: Shutterstock)Dear Editor,
I just read the Sept. 18 article “Big Banks Poised for Growth at Expense of Smaller Institutions: J.D. Power,” and I couldn’t help but want to scream out: “WE ARE DOING SOMETHING ABOUT THIS!” Big banks are investing heavily in fintechs, and unfortunately, it’s working. This saddens my heart as I thought the Occupy Wall Street movement was to be a pivot point for millennials.
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There are alternatives to CUs following banks’ M&A playbook – viable ones to retain CUs’ independence, relevance and member relationships.
Two CEOs offer a perspective in opposition to the view that mergers are a sign of CU industry deterioration.
When compliance and doing the right thing by members go hand in hand, everyone wins.
Guide
Sponsored by DataVisor
The Dummy Handbook on Machine Learning for Fraud Detection
This handbook provides an overview of the different types of machine learning (ML), and how best to use them to detect and prevent fraud.
White Paper
Sponsored by Canidae, LLC
Buy Local Spend Local: Drive Membership & Increase Income
Attracting new members and deepening current member relationships is top of mind for credit unions, but finding ways to do so can feel overwhelming. Download this white paper to learn how your credit union can achieve both with the Buy Local Spend Local program and how your CU can benefit from it.
eBook
Sponsored by Salesforce, Inc.
How Credit Unions Can Embrace a New Service Model for the Digital World
With only 27% of customers saying that the financial services industry provides great customer service, credit unions have an opportunity to improve customer experiences by modernizing their service models.
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