Creating a better digital experience. A better digital experience. (Image: Shutterstock)

Credit unions are headed towards a digital future as consumer preferences rapidly evolve, advanced technologies disrupt customer journeys and the market becomes increasingly saturated. At this point, however, many credit unions have not yet adopted advanced business technology to meet the automation demands of their members. This puts them at risk of losing their market share to organizations that prioritize technology as a core aspect of their growth strategies.

Today, many credit unions use legacy systems built for everyday transactions. While these systems have been sufficient for essential operational processes, their limited customization and scalability is preventing credit unions from being agile and adaptable, thus hindering their transformation.

 

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