Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. A recent study found that CUs beat banks in eight financial well-being attributes, such as helping consumers reach financial goals, understanding financial...
Apple CEO Tim Cook said that privacy is something that needs to be a factor throughout a product’s entire development process. “You don’t bolt-on privacy,” Cook said at Salesforce’s Dreamforce conference on Tuesday (Nov, 19). “You think about it in the development process of products....
Supply chain management firm E2open is expanding its operations through the acquisition of Amber Road, the companies announced on Tuesday (July 2). E2open subsidiary Chicago Merger Sub acquired Amber Road, a cloud-based global trade management software provider by buying its outstanding stock and merging, said...
Smaller banks and credit unions enjoy a reputation of offering more personalized services than large financial institutions (FIs). When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. This is changing — in...
January 12, 2023
Sixty-four percent of all credit union (CU) members want their primary financial institutions (FIs) to offer more payment capabilities. Many — a record-setting share within our research — are willing to go as far as switching to find more innovative products. This widespread search for ever-more innovative products is a strong indicator of the extent […]
January 28, 2020
Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. A recent study found that CUs beat...
July 01, 2019
Smaller banks and credit unions enjoy a reputation of offering more personalized services than large financial institutions (FIs). When it comes to technological innovation, however, the smaller players have long...
May 13, 2019
Innovation has been the name of the game for financial institutions (FIs) large and small in recent years. While the overall pace of innovation has cooled somewhat over the past...
November 20, 2019
Apple CEO Tim Cook said that privacy is something that needs to be a factor throughout a product’s entire development process. “You don’t bolt-on privacy,” Cook said at Salesforce’s Dreamforce conference on Tuesday (Nov, 19). “You think about it in the development process of products. You can see what happens when companies wake up one […]
May 22, 2019
An analyst has revealed that Tesla missed out on the chance to sell to Apple six years ago for around $240 per share. “Around 2013, there was a serious bid...
April 02, 2019
Marcus, the consumer bank operated by Goldman Sachs, has seen its head of product Michael Cerda quit his job. According to a report in The Financial Times, Cerda was at the...
June 14, 2018
Uber, the ridesharing service, has tapped one of Facebook’s product directors to head up driver product development, a role that has been vacant since December. Citing Uber Head of Product Manik Gupta, TechCrunch reported...
