Arvind Jangi

Our experience - Some #CreditUnions are taking ownership of their 3rd Party relationships. We have tested 3rd party applications at the request of our Credit Union Clients prior to integrating into their production environment. It's the exception vs. the norm, but beats the alternative of finding out their 3rd party solution introduced #vulnerabilities into their environments. Rebyc Security #vendormanagement #vendorriskmanagement NCUA

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In a recent webinar, we demystified the process of using the right #automation tool at the right time—dubbed the automation order of operations. Georgia United Credit Union's application of step three—deploying #RPA—has saved them $14,000 and hundreds of staff hours per year on just one task. Find out how they did it and how to find the right-fit automation solutions for your organization here: https://bit.ly/4fuRnbc

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🔍 What #lenders want to focus on: ✅ Winning new business ✅ Serving customers ✅ Underwriting loans 😩 What they're forced to focus on: ❎ Managing multiple payments vendors ❎ Troubleshooting without transparency ❎ Struggling to reconcile siloed or nonexistent #data Learn how Moov can help lenders stay focused by providing them with a comprehensive, flexible #payments solution and single source of truth for their transactional data. 👇

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🆕 In the June edition of the 2024 Credit Union Innovation Readiness Index, a PYMNTS Intelligence and Velera collaboration, we examine how CUs can reap the benefits of digital innovation to gain members and reduce churn. ➡️ Read the article and download the report: https://bit.ly/3VnDJxZ #CreditUnions #DigitalInnovation #WeAreVelera

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To all #CDFI #CreditUnions Worried About Losing Certification: The CDFI Fund's revised CDFI Certification Application WILL NOT result in the loss of your certification, if you contact us now. CU Strategic Planning was at the forefront of advocacy to ensure the revision had the flexibility for credit unions to maintain CDFI Certification. Since then, CU Strategic Planning has been actively working with over 100 credit unions to ensure their recertification success. This includes creating advisory boards, community development mission statements, providing product design insights and defensible justification of product attributes. Most powerfully, with the depth of that expert consulting (not available through a technology company alone), we took a giant leap forward by merging two leading organizations to create a profound alliance with Callahan & Associates, Inc. the national leader in data analytics for credit unions. CU Strategic Planning is now a Callahan & Associates company leveraging the power of the most trusted data system in the movement. As THE credit union CDFI certification experts, we are and have been for the last 16 years working to ensure every credit union serving people of modest means can attain and retain its CDFI Certification. If you believe you are in jeopardy of losing your certification, come to the experts. No one has certified more credit unions as CDFIs than CU Strategic Planning. Learn more: https://lnkd.in/gbvdeYpe Schedule a call: https://lnkd.in/gr_FemEV

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Upgrade Your Legacy Core Banking System with BaaSFlow! At BaaSFlow, we understand the challenges that Depository Institutions face when it comes to modernizing legacy core banking systems. According to a recent article by the Kansas City Fed, there are three primary scenarios for modernization: Incremental Upgrades, Replacing the Core, and Adopting a New Digital Core. Incremental Upgrades: For institutions looking to enhance their existing systems gradually, BaaSFlow offers modular solutions that seamlessly integrate with your current infrastructure. Our technology ensures minimal disruption while significantly improving performance and capabilities. Replacing the Core: If a complete overhaul is necessary, BaaSFlow's state-of-the-art core banking platform provides a robust, scalable, and future-proof solution. We streamline the transition process, ensuring a smooth and efficient switch with minimal downtime. Adopting a New Digital Core: For those ready to embrace a fully digital banking environment, BaaSFlow's cloud-native, open-source technology is the perfect fit. Our platform supports advanced digital services, enhancing customer experiences and operational efficiency. Why BaaSFlow? 1) API Driven, Cloud Native; 2) Cost-Effective Solutions: We offer competitive pricing without compromising on quality; and 3) Tailored Approach: We work closely with you to understand your specific needs and deliver customized solutions. Upgrade your core banking system with confidence and ease. Choose BaaSFlow for a seamless, cost-effective, and future-ready solution. https://lnkd.in/eQ8yH6xX #CoreBanking #BankingTechnology #DigitalTransformation #BaaSFlow #FinancialInnovation

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The latest data from NCUA paints a challenging picture for credit unions, but staying informed is the first step toward tackling these issues head-on. Check out our News & Resources page for an in-depth look at the trends and what’s next for the industry. #CreditUnionData #FinancialServices #TyfoneInsights

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Imagine the new products and services you could introduce, and the new revenue streams you'd control, if your banking institution could become the most secure storage location for all forms of your customer/member wealth. Well, a truly innovative financial cooperative has just proven they/you can do just that, and remain competitive and relevant as a result! I'm most impressed and pleased by the work the St. Cloud Financial Credit Union and DaLand LLC teams have completed together leading up to this launch; and thrilled to see a local financial institution making history - becoming a safe, trustworthy, local, and sustainable storehouse for new forms of member/community wealth! History being made; bridges being built between 'TradFi' and 'DeFi,' sovereign and local control of money (of all forms) being protected and preserved, waves being stirred for others to surf!! Exciting to see viable and more secure alternatives for digital asset storage, to witness noble financial services leaders leveraging their investments into modern core processors and immense money processing infrastructure so users can accrue wealth of new forms and don't have to assume the risk of relationships with big, online, impersonal exchanges (neo-banks), wallet app providers, or risk fumbling a fortune on a thumb drive or hardware wallet. https://lnkd.in/ekazN2eK #bitcoin #btc #eth #usdc #banking #money #localeconomy #localbanks #communitybanks #dollar #digitalassets #wallets #creditunions Bitcoin Magazine

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Bank and Credit Union CEOs Reveal Top Priorities in Annual Survey Know more:-https://lnkd.in/djM6-N2B Jack Henry #fintecbuzznews #fintech #financialtechnology #fintecbuzz #banking

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Curious about how #InstantPayments can benefit your financial institution? While many are already receiving payments instantly through FedNow® and RTP®, sending payments is the next crucial step. Join our panel of experts at 1 p.m. CT on August 14 for a discussion on the latest trends and tips for developing your FI’s send strategy. Register Now ➡️ https://bit.ly/3Yb49pD

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FedNow and other platforms offer exciting revenue streams for banks and credit unions, but a strategic approach is key. The landscape of payments is rapidly changing, and real-time options like FedNow are becoming the norm. In the latest episode of the IPA Payments Pod, Dr. Angela Murphy, payments expert and "Payments Elsa," explores the revenue opportunities these platforms offer financial institutions. Listen to the podcast hosted by IPA COO Ben Jackson, and see the comments below for links mentioned during the discussion. www.ipa.org/podcast #payments #fintech #financialinstitutions #FedNow #realtimepayments #paymentsstrategy #revenueopportunities #IPAPaymentsPod

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Many #banks and #creditunions use Alchemer Mobile to collect and respond to in-app customer feedback. This helps them drive data-driven product decisions and increase member retention. Learn how Advantis Credit Union uses Alchemer Mobile to increase ROI and improve customer satisfaction, loyalty, and retention. https://lnkd.in/gitbeBgE

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Keesler Federal Credit Union has always embraced #innovation, adding new products and services to meet evolving member needs and continuously refining a complex tech stack to serve a scaling enterprise—but that added complexity was opening the door to human error and the potential for file transfer and system failures. The Credit Union wanted to find a way to avoid those risks and give business units across the organization tools to operate more efficiently and independently. Enter #OpCon. Since implementing the leading #automation solution for banks and credit unions, the Credit Union has: ❌ Prevented critical failures with foolproof automation ⭐ Improved their member experience by automating processes outside the core 💡 Given staff time back inside and outside IT to focus on higher-level, more strategic initiatives 👀 and more! Read all about how Keesler is staying ahead of the curve with OpCon here: https://bit.ly/4ghvrRV

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It's day 2 of CUNA OME Council Conference and we've already spoken with so many credit unions on how our AI is transforming the banking experience. We're at booth #211 for another 2 days - so please come by, say hello to these friendly faces, and chat with us about our industry-leading, Generative AI solutions that are used by 100+ financial institutions. #VoiceAI #ChatAI #CreditUnions #FutureofBanking #CUs #AI #GenAI

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Credit unions are increasingly viewed as the “mom-and-pop” store equivalent of financial service providers. The rise of digital-first banks have fast-tracked this viewpoint. Credit unions must reinvent their approach to ensure the upcoming generations favorably view them as a go-to organization for their financial transactions.   The time is ripe for Credit Unions to embrace Generative AI and here are 5 key impact areas for Generative AI to make a positive difference.   #GenerativeAI #CreditUnion #DigitalTransformation #AI #ParrotGPT

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