PURE IT Credit Union ServicesVP Business Development Kyle Stutzman stopped by the CUbroadcast virtual studios to discuss a topic that seems to be growing in importance today: the risk and implications of instant money moment.
In other words, how credit union's systems are going to have to change to handle the immediacy of this instant money movement -- and we're not talking ACH. Kyle shares that ACH is slow compared to something like Sprig's instant transfers.
But with more and more technologies fostering instant money movement, how will credit unions' current architecture handle it? What happens if they can't? Will they be stuck in the dinosaur age or transform and excel in today's fast paced money transfer world?
Kyle answers these questions and more revolving around this growing topic. 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.