Regulating fintechs in today's highly digital environment is a growing issue for credit unions and seems to be quite the hot topic at recent industry conferences, as well.
This year's CUNA GAC was no different, as one of the livelier sessions was “Regulating Fintechs in Today’s Banking Marketplace” with 154 Advisors Managing Principal Glen Sarvady facilitating Messick Lauer & Smith Partner Brian Lauer, CU 2.0 Chief Revenue Officer/South Bay Credit Union Board Chairman Chris Otey, and CUNA Senior Director of Advocacy & Senior Counsel for Payments & Cybersecurity Lance Noggle.
In this clip from the session, the panel debates whether fintechs are friend or foe to credit unions and why. Enjoy this lively discussion and let us know what you think.
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.