Pens were scribbling like crazy at our annual meeting this year. Between big initiatives at CUSN and a robust discussion by guest speaker Frank Diekmann, publisher of Credit Union Journal, we were all writing in shorthand. Thank goodness for an ample paper supply.
Last month, Jon Bartek of CO-OP presented “Emerging Payments Landscape” at our CUSN Connection Series in Cheyenne, WY. We present to you data taken from his seminar and compiled into this lovely infographic on m-commerce.
Never heard of m-commerce? M-commerce is, in more words or less, the interaction of customers with merchants (as part of the sales process) via a mobile phone. Think: browsing for Christmas gifts on your phone on your lunch break. Or checking the reviews of a shampoo in the middle of the isle before purchasing. And this is just one of the many facets of m-commerce. As you can imagine, merchants and financial institutions alike are eager to unlock the key to becoming bigger and better at m-commerce than their competition.
With so much emphasis on mobile and virtual FI services for small business owners these days, its refreshing for CUNA to announce on Wednesday that the branch, indeed, is still alive and well. CUNA News Now released survey results yesterday from a BAI research study on what small business owners prefer from their FI.
Filene recently published a report that contains a wealth of credit union stats, facts and bite-sized bits of timely info that is easily digestible and highly relevant. What separates this report from others of a similar nature is how the info in presented. The goal was to create literature that could be flipped open at any time and skimmed, not read in lengthy volumes with high concentration. Indeed it does just that – and is a must have on any bookshelf or bookmarked in a browser. We can’t thank them enough for this thoughtful and refreshing contribution to the credit union industry.
We’ve chosen pieces of the report that we especially liked and wanted to include in our blog. Take a look below, and for the full report, click here