Connor Heaton, Director of Artificial Intelligence, SRM Artificial intelligence (AI) is creating a seismic shift in the financial services ecosystem. Typically, use cases for AI were limited to specific tasks like loan decisioning, fraud detection, or sentiment analysis. However, the rise of generative AI and Large Language Models (LLM) has democratized the field, making AI […]
Key Considerations for a Smarter, Safer AI Strategy Read More »
Debt collectors are pursuing consumers using illegal tactics for debts they do not owe The Consumer Financial Protection Bureau (CFPB) today issued its annual report on debt collection, which highlights aggressive and illegal practices in the collection of medical debt and rental debt. The report discusses how problems with real estate companies’ “revenue management software”
CFPB Report Highlights Consumer Protection Issues in Medical and Rental Debt Collection Read More »
The Eau Claire Marathon announces Royal Credit Union will serve as title sponsor of the Eau Claire Marathon race weekend. The three-year agreement will begin with the 2025 event held April 26-27. “The Biggest Small Town Race in the US” is expecting 5,000 participants and over 1,000 volunteers. The Eau Claire Marathon was voted Wisconsin’s
ASA, an embedded App Store as a Service provider, today announced a long-term strategic partnership with Sharetec, a web-based core processing platform for credit unions. Sharetec will be the first to integrate ASA’s embedded app store, ASA Vault, into its digital banking platform, allowing Sharetec’s nearly 300 credit union customers to boost deposits, interchange, member
ASA and Sharetec Partner to Transform Credit Union, Fintech Collaboration Read More »
According to a LexisNexis Risk Solutions Study, Digital Channels See Biggest Increase in SMB Lending Fraud Small and medium-sized business (SMB) lending fraud has increased by a double-digit percentage year over year, with most lenders expecting fraud levels to continue to increase in the coming months, as revealed by the latest edition of the LexisNexis® Risk Solutions
In the spirit of unity, the Credit Union League System, the American Association of Credit Union Leagues (AACUL) and America’s Credit Unions encourage credit unions nationwide to join our colleagues at the World Council of Credit Unions (WOCCU) and the Worldwide Foundation for Credit Unions (WFCU) to “educate, celebrate, and participate” in International Credit Union
AdelFi Credit Union is proud to announce its partnership with Judson University as the preferred credit union for students, staff, families, and alumni. This collaboration will provide a range of consumer banking services and financial education rooted in Christian stewardship. Under this new partnership, AdelFi will offer comprehensive banking solutions to the Judson University community,
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