Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
TowerGroup Be a technology leader
NEEDHAM, Mass. (12/11/09)--Consumer-based financial institutions, including credit unions, either can choose to be technology leaders or be pulled into a wake created by competitors, according to TowerGroup research. TowerGroup recently released a study, “Emerging Consumer-Facing Technology Trends: Change is the Only Constant,” which focuses on the technological changes that will affect financial institutions in the future. “Web 2.0, mobility, rich Internet applications and social networking must be come part of a consumer banker’s vocabulary, or the phrase ‘Do you want fries with that’ will,” the study said in its findings. Technology vendors also should help financial institutions create realistic business cases for emerging technologies and demonstrate their business value--more than just their “coolness.” Several consumer self-service technologies have already demonstrated economic value--such as account alerts, e-statement and check images, account-to-account transfers, and expedited payments, TowerGroup added.
Other Resources

RSS





print
News Now LiveWire
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
9 hours ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
1 day ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
1 day ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
1 day ago
You can get your subscription to @cuna 's free, daily, online #creditunion #news service News Now here: http://t.co/YtUejEmAYP
1 day ago