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#502: Mobile Payments Round 2 -- Launch of Android and Samsung Pay…

12/3/2015

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Last year we had the fervor of Apple Pay launching in the financial services industry. This year we have round two of buzzing anticipation of the launch of both Android Pay and Samsung Pay solutions -- just in time for the holidays. And in the thick of it is, of course, The Members Group whose credit union clients experienced the Apple Pay tidal wave last year with 75% of their clients using the solution. Now they get to add yet another couple of options with Android and Samsung.

To sort it all out, we invited TMG's Brian Day on the program to discuss the differences between the two mobile payment solutions, credit union/consumer demand, importance of these options, advice for credit unions looking at all three for top-of-wallet choice, and more. Check it out and let us know which one you prefer -- or all three!

#501: How Compliance Management Cost Community Banking Industry $185 Billion in Q3..

12/2/2015

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Compliance management provider Continuity puts out its quarterly Banking Compliance Index (BCI) to show the impact regulations have had on the community banking industry -- and that includes credit unions. According to Continuity's President Andy Greenawalt, the continued barrage of regulations cost the community banking industry more than $185 billion to manage -- just in the third quarter. That's a lot of dough taken away from credit unions and community banks, which could've been used to enhance member/customer services.

Andy joins us to provide many more details on BCI's 2015 third quarter numbers, such as 70 new compliance items to credit unions that required 2,231 pages to process and expenditure of $29,145. That's just the tip of the regulations iceberg.

We also discussed how this management impacts credit unions -- especially the smaller institutions that don't have the resources, what can be done to curtail this continued downpour, and will there be more of the same in 2016. Check it out and let us know what you think.

Sponsor Feature: IDS Rides to the Rescue Again, Assisting Blackhawk Community with a Never-Been-Done-Before Task...

12/1/2015

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Part 2 of our "IDS comes to the rescue" series, we continue our discussion with Blackhawk Community Credit Union SVP/COO Caroline Redmann about how IDS came through, once again, for the credit union with huge assist. IDS helped Blackhawk Community when it had to program its credit cards a second time and produce its own statements -- something that has never been done before. Amazing story. Check it out!

#500: CU Success, Dual Membership, and Bitcoin's Block Chain Threat to Credit Unions with CCUL's Diana Dykstra...

12/1/2015

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I couldn't think of a better person to have on CUbroadcast for our 500th episode than CCUL President and CEO Diana Dykstra. We always appreciate her generosity coming on the show and filling the screen with incredible optimism and joy. That said, Diana joins us to discuss the recent success of her league's conference in Palm Springs, nationwide CU growth, the dual membership issue, reaching Millennials in interesting ways, regulation overhaul, and Bitcoin's block chain threat to credit unions. Don't miss it!

Forward>>

#502: Mobile Payments Round 2 -- Launch of Android and Samsung Pay…

#501: How Compliance Management Cost Community Banking Industry $185 Billion in Q3..

Sponsor Feature: IDS Rides to the Rescue Again, Assisting Blackhawk Community with a Never-Been-Done-Before Task...

#500: CU Success, Dual Membership, and Bitcoin's Block Chain Threat to Credit Unions with CCUL's Diana Dykstra...

Mike Lawson, Host

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