NContracts Founder/CEO Michael Berman addresses a very timely question: Are credit union industry vendors prepared for a pandemic lockdown? That question was the springboard for a lively talk, discussing the various scenarios that can and have already occurred with vendors.
A couple other questions that were detailed included:
What happens if your vendors' employees don't show up for work?
Can your small fintech partner handle an economic downturn for more than two quarters?
This conversation essentially boiled down to planning -- or the best you can for unforeseen situations like the coronavirus pandemic impacting operations. Again, very timely talk. Check it out and let us know your thoughts.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.