The word disruption in the credit union space is becoming as commonplace as Apple Pay headlines, Final Four predictions, and crying teenage girls over Zayn Malik leaving One Direction. Oh, the horror. But, seriously, what exactly does it mean and how are credit unions impacted by today's ever-changing financial services landscape.
To get to the bottom of all this, we invited a couple of credit union industry veterans CU Engage Co-founders Jennifer Addabbo and James Guild. They walk us through many of today's disruptions such as core changes, payments upheaval, EMV deadline, outside threats (Google, Amazon, PayPal), etc. and show us where credit unions stand amidst this storm. There's a lot going on of which credit unions need to be aware.
Instead of running for the hills when come to all these pressing issues and items, Jennifer and James say CUs need to engage this disruption head on to remain relevant and enhance their current success. So if any of these items affect you, enjoy this very candid conversation about the state of today's industry and what can be done keep moving forward at a healthy clip.