by GrafWebCUSO | May 31, 2017 | News
The U.S. Chamber of Commerce charges in a just-released report that new data coming out of a recent Department of Labor comment period on its fiduciary rule proves the rule is hurting small retirement savers. The report, “The Data is In: The Fiduciary Rule Will...
by GrafWebCUSO | May 30, 2017 | News
I last opined on the difficult marriage between credit unions and fintechs and concluded that it often leads to divorce because of very different motivators — hyper growth for-profit venture companies versus a conservative not-for-profit industry. Today I want...
by GrafWebCUSO | May 30, 2017 | News
Some say designating a problem a “women’s issue” trivializes it — as if it’s only of interest to half the population of the U.S., and not to their male counterparts. In the case of student loans, other problems faced by women...
by GrafWebCUSO | May 30, 2017 | News
Saying that the NCUA’s new Field of Membership rules are “arbitrary, capricious, an abuse of discretion” the American Bankers Association has asked a federal judge to nullify the regulations. In asking U.S. District Judge Ketanji Brown Jackson to...
by GrafWebCUSO | May 30, 2017 | News
When Paul Simkins left his bank job to become a credit union branch manager, he admitted that “service to others” was not on his mind. After learning and experiencing the difference between credit union and banks, however, Simkins became known as one of...
by GrafWebCUSO | May 30, 2017 | News
The irony is not lost on how nonhuman interaction using machine-learning capabilities in financial technology could supply a more personalized member experience, as well as added security and operations performance. The usage of AI, and its subset machine learning, is...