Be sure to watch the entire episode located below the show notes.
Backbase Senior Vice President Americas Vince Bezemer joined us recently to share his insights on how credit unions should prepare for cryptocurrency regulation this year (2022).
Obviously, crypto is not a fad or a trend; it is here to stay. So the next step is to address how should credit unions prepare for crypto regulation this year. Vince talks about if this is a negative or a positive for the industry, as well as President Biden's executive order in this area.
Some of the other items Vince discussed included:
The challenges currently facing consumers engaging in digital banking platforms
The compliance risks credit unions face with their current digital banking capabilities
The kinds of digital solutions credit union should invest in now to prepare for crypto regulation
Check it out and let us know your thoughts. And be sure to watch the entire episode for all the details.
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.