NAFCU's SVP of Government Affairs/General Counsel Carrie Hunt penned a couple of compelling Letters to the Editor that appeared in CU Journal ("Can You Hear Me Now? Why RBC Still Isn't Needed") and CU Times ("More Cost, Little Benefit") on the state of our industry's Risked Based Capital situation. In each piece, Carrie voiced her views on the latest proposal, commenting: ...credit unions didn't stumble during the economic crises solely because of capital, it was much more complex. Banks, which really took a hit, "were operating under a risk-based system similar to what NCUA had proposed." She also talked about the two-tier system vs. the one-tier system debate, credit union growth and innovation being stifled, our industry needing a system that can account for both higher and lower risk, and having Congress engage at some point. A very candid and insightful discussion on a touchy topic for our industry. Definitely a "don't miss" episode. Visit: www.nafcu.org Many thanks to our mighty fine sponsors...#351: LoopPay's Greg Ewald Discusses Today's White Hot Mobile Payments Market for Credit Unions...2/18/2015
With yesterday's news of Samsung acquiring LoopPay to battle Apple Pay, the timing of this post couldn't have been any better. This acquisition news continues to display the mobile payments market heating up like a mega solar flare from that bright yellow orb in the sky. To get the inside scoop on the latest tech advancements and competition, we invited LoopPay's Greg Ewald back on the show to explain what credit unions can expect from its mobile payments technology -- or should we say Samsung's now. We also discussed consumer security concerns with mobile payments, VISA's investment in LoopPay, and where this market is headed in the next few years. Should be quite a race to see who comes out on top now. So stay tuned; some valuable payments tech information in this episode that directly affects CUs. Visit: looppay.com Short on time? Watch the trailer below... Many thanks to our mighty fine sponsors... In this episode, Q2's SVP/Chief Security Officer Jay McLaughlin explains "layered defense" strategy and how it helps credit unions combat fraudsters from hacking into their members' accounts. Jay also touches on the balance of providing great financial services products with top grade security. Do we sacrifice security for convenience? Find out in part 2 of "Combatting Account Takeover Fraud." (4:43)
Visit: www.q2ebanking.com #350: Sageworks Aaron Lenhart shows how 31 CUs Generated $31 Billion in Q3 Mortgage Lending...2/16/2015
In a recent CU Times article, it was reported that 31 credit unions each topped the $1 billion mark in Q3 2014 mortgage lending efforts. A pleasant surprise to many -- perhaps not these 31 CUs, however -- as many folks felt 2014 was a semi-flat year for mortgage lending. So why did these credit unions excel late last year and what can other credit unions stuck in the mortgage lending mud do to spark their home loan activity? Find out in this informative discussion with Sageworks Risk Management Consultant Aaron Lenhart. Check it out! Visit: sageworks.com Many thanks to our mighty fine sponsors... We're barely a month-and-a-half into 2015 and we're already inundated by a myriad of major issues and items that credit unions must face this year and beyond: RBC, CFPB, tax status, compliancy, data breaches, executive turnover, and plenty more. To put these items in perspective, we invited NAFCU's President/CEO Dan Berger on the program for his experienced insight. We received his take on each issue and, on a much brighter note, also announced the March 13 deadline for the 2015 NAFCU Annual Awards that feature all the fine things credit unions are doing today. Another can't miss episode, so check it out. Visit: www.nafcu.org 2015 NAFCU Annual Awards (deadline March 13) Many thanks to our mighty fine sponsors... |
Mike Lawson, HostMarried 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. Categories
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