Our next interview is live! As part of Cotribute’s initiative, “Healthy Growing Credit Unions in the Digital Era”, we connect with leaders with decades of experience growing credit unions. Hear from Darius Wise here: buff.ly/3NRhBcO

Providers like fintechs and digital banks appeal to younger consumers in part because of attractive features like early wage access, automated savings programs and overdraft protection. buff.ly/3NzEkZr

According to Luis Dopico, chief economist for the consultancy CU Collaborate, credit unions must redouble their efforts to provide members with attractive loan and share pricing — particularly in the current interest rate environment — while investing in member service:

Can credit unions step up for small to medium sized businesses in the US? Their needs are different following the pandemic, and credit underwriting for these organizations needs an overhaul. More info here: buff.ly/43vso0E

"If the relationship-based banking model relies on members physically visiting a brick-and-mortar location, it’s a losing strategy. Today’s consumers require digital access. In fact, roughly 43% of people used mobile banking as their primary method of account access in 2021."

CUNA emphasizes the importance of implementing AI to enable more accurate and inclusive credit underwriting: buff.ly/3Dv7AvA

"AI is a force multiplier that gives us the ability to analyze large numbers of drivers and metrics and also identify those that need to be acted on now.” -Sameer Gupta, Chief Analytics Officer (DBS BANK) buff.ly/3pHSuzQ

Before approaching vendors, answer these two questions: What problem does the technology need to solve and how will success of the solution be measured? buff.ly/3DLCjoj

Workload automation reduces the need for specialized skillsets, while helping to retain top talent by elevating their responsibilities beyond the mundane: buff.ly/45ELGCl

Today’s consumers feel less financially secure than ever before. From rising interest rates and runaway inflation to job losses and bank failures, members are looking to their credit unions as beacons of stability. buff.ly/45QAdzy

According to a 2022 McKinsey survey, 70% of organizations were piloting automation technologies in at least one or more business units or functions. Unfortunately, few of these companies have fully automated their processes and achieved automation’s full potential.

Cotribute will be at the Corelation 2023 CEO and CTO Forum next week! Come say hello and learn about how your organization can accelerate growth.

Kicking off the new year with some big news! 🎉 We are excited to announce Cotribute has successfully launched #digitalaccountopening for Blue Federal Credit Union in 30 days. For more information, check out our press release here: businesswire.com/news/home/2024… #creditunions#fintech

In CEO Philip Paul's latest article in Credit Union Business News, he explores the new paradigm for #frauddetection in #digitalaccountopening as threats of cybercrimes and online fraud have escalated. Read more on how to combat cyber threats here: buff.ly/41D4MrO

The annual Holiday Tech Wish List for 2024 is here! Our CEO's wish? Integration of cutting-edge technologies to streamline credit union account openings. Cotribute aims to make 2024 a year of technological advancement and growth for #creditunions. 🔗 buff.ly/47b0hWm

Finopotamus shared some top 2024 predictions in #fintech and #banking from industry leaders including CEO, Philip Paul. In 2024, he predicts a game-changing shift in the credit union landscape with the widespread integration of advanced technologies. 🔗 buff.ly/3SyLhxt

Cotribute has achieved the Access Provider Certification of Global Know Your Customer from FIS, a global leader in financial services technology. For the latest updates on our advanced digital onboarding platform, read the full release below: 🔗 buff.ly/3R2lnjD

Credit unions face challenges in member acquisition and retention. CEO Philip Paul, shares how to overcome these hurdles by embracing embedded fintech solutions. 🔗 Read the article on #Finopotamus here: buff.ly/40Pzu08 #EmbeddedFinancialProducts #CreditUnionGrowth

The fintech evolution is here and, CEO, Philip Paul is unveiling the waves. 🌊 Financial services are at a crossroads, faced with the imperative to adapt and revolutionize their approaches. Don't miss out on the blueprint for the future in FinTec Buzz: buff.ly/3uhyGW9

We're thrilled to partner with Clearwater Credit Union who is taking a giant leap forward in digital innovation and revolutionizing its digital member acquisition and onboarding experience. Together we're redefining what it means to be a member-focused credit union: buff.ly/4bXVD1z