A panel discussion during Harland Financial Solutions’ 2010 Connections user conference identified six "new realities"
facing credit unions and core processors.
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Last October, I was in Kenya with World Council of Credit Unions representatives. As I bounced along a rural road outside
Nairobi, two of my Kenyan traveling companions had this conversation:
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New mobile banking applications are moving transactions out of the branch, mailbox, or ATM, and onto members’ smart
phones. They'll prove their worth through cost savings and stronger member relationships.
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Fiserv Inc. announced the official launch of ZashPay, a new person-to-person payment service that allows users to send
or receive money using their existing online banking accounts.
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This should be a year of automating tasks and work processes to drive efficiency, says Rudy Pereira, who shared best practices
from the CUNA Technology Council.
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Speakers at The 1 CU Conference stress the need for greater global unity among credit unions and the inherent strengths offered
by the financial cooperative model.
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