During NAFCU's 49th Annual Conference in Nashville, NAFCU ran a number of surveys during the show to get attendees' reaction to particular industry-related inquiries. One of the questions that was posed was: What is the credit union industry's greatest threat?"
To address this survey question and its response were MasterCard's Executive VP, MasterCard Worldwide John Ainsworth and Caltech Employees Federal Credit Union Rich Harris. It was a candid conversation on a topic that is obviously top of mind for most folks in credit union land.
John and Rich also discussed the advent of wearable payments technology (with MasterCard even having an entire in-house program devoted to it), as well as Internet of Things, and more -- and ultimately sharing how credit unions fit into this futuristic mix, which is already here.
A fascinating chat, for sure. So we hope you 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.