Finopotamus on LinkedIn - Vol. 3, Issue 24
Monday, June 23, 2025
2025 Tekkie Award winners were announced earlier today!
Stablecoin Being Positioned as the New Global Financial Architecture Model
By W.B. King - Read Now
Matera and Circle have partnered to offer a dollar-backed stablecoin, aiming to revolutionize global banking infrastructure by enabling near-instant, low-cost international payments, while the U.S. Congress advances bipartisan legislation to regulate stablecoins and establish a federal framework for their issuance and use.
Growth Pace Slows but Consumer Spending Stays Positive
By Roy Urrico - Read Now
The Velera Payments Index for June 2025 indicates that consumer spending in May remained positive with debit transactions outpacing credit, while highlighting the importance for credit unions to tailor rewards programs to different generational preferences to maintain "top of wallet" status and deepen member relationships.
Neural Rails Aims to Revolutionize Credit Union Digital Sales with AI
By John San Filippo - Read Now
Rick Phillips, CEO of Neural Rails, is determined to revolutionize credit union online engagement by replacing traditional transactional chatbots with a "humanistic" AI sales and communication experience that offers comprehensive conversational understanding, contextual memory, and tailored interactions, leveraging advanced AI to ingest a credit union's entire data universe and integrate with existing marketing and banking platforms.
GAO Report on AI Calls into Question NCUA Oversight and CU’s Ability to Compete
By W.B. King - Read Now
A recent GAO report highlights that while AI offers benefits like efficiency and personalized service in financial institutions, it also carries risks such as bias and cybersecurity threats, and specifically points out that the NCUA lacks adequate model risk management guidance and authority to examine AI service providers for credit unions.
Debt Delinquencies’ Impact on Certain States and Individuals
By Roy Urrico - Read Now
A Constellation Digital Partners survey reveals that core system integrations are a major barrier to tech upgrades, but adopting an API/middleware approach can future-proof your CU, attract younger members, and create "sticky" relationships without a complete tech overhaul.
The Latest TechSolutions4CUs Podcast
On the latest episode of the TechSolutions4CUs podcast, Alex McLeod, MBA , CEO of Parlay Finance , explains how credit unions can significantly improve the small business lending experience. She highlights Parlay's AI-powered loan intelligence system, which automates the inquiry process, enabling faster approvals and more efficient service for credit union members seeking business loans.
The Latest Finopotamus Unscripted Episode
In this episode, Anne Legg , Gordon Flammer , and Naveen Jain discuss the current state of credit union data, emphasizing the need for strategic, data-driven approaches, effective data management, and cultural shifts to leverage data and AI for improved member experience and operational efficiency, while also touching on the implications of stablecoins and open banking.
Press Room VIP News
WOCCU Launches Last-Mile Innovation to Strengthen Rural Financial Inclusion in Guatemala | Read Now | World Council of Credit Unions (WOCCU)
Addition Financial Credit Union Named to Forbes List of America’s Best-In-State Credit Unions 2025 | Read Now | Addition Financial Credit Union
Vizo Financial Announces Board Officers Following 2025 Annual Meeting | Read Now | Vizo Financial Corporate CU
Industry News
TriUnity Foundation Awards $95,000 in Grants Thanks to Credit Union Partnerships and Gala Support | Read Now | TriUnity Foundation
Happy Money Secures $500 Million Purchase Agreement Led by Fortress Investment Group and Edge Focus to Expand Access to Responsible Lending | Read Now | Happy Money
Autobooks and Fundbox Launch Autobooks Capital: Embedded SMB Lending Now Available Through Digital Banking | Read Now | Autobooks and Fundbox
Origence Enhances arc OS Platform Underwriting with Experian’s PowerCurve Decisioning Integration | Read Now | Origence
Rapid Finance Releases Breakthrough AI Tool to Slash Loan Application Processing Times | Read Now | Rapid Finance
SIGNiX and iPublish Media Solutions Partner to Enhance Document Processing | Read Now | SIGNiX Digital Signature & eNotary Technology
Ninth Wave Launches Managed Services Division to Accelerate Open Finance Adoption | Read Now | Ninth Wave
Glendale Area Schools Credit Union Launches Mahalo’s Thoughtful Banking® Platform to Upgrade Member Experience, Attract Next-Gen Users | Read Now | Mahalo Banking
State Employees’ Credit Union of Maryland Partners with MANTL to Give New and Existing Business and Retail Members a Seamless Account Opening Experience | Read Now | MANTL
Talkdesk Shatters Outdated Customer Experience Paradigm With Launch Of Customer Experience Automation Platform | Read Now | Talkdesk
Empower Federal Credit Union Launches Voice Authentication, Securing over 30,000 Members in the First 6 Months | Read Now | Illuma
DHgate and Merge Announce Strategic Partnership to Power B2B Cross-Border Payments | Read Now | Merge
Arteria AI Selected for the 2025 AIFinTech100 | Read Now | Arteria AI
HuLoop Named to 2025 AIFinTech100 List Recognizing the Most Transformative AI Innovators in Financial Services | Read Now | HuLoop Automation
Finastra’s US Executive Tech Retreat Emphasizes The Acceleration Of AI And Navigating A Complex Regulatory Environment | Read Now | Finastra
SWIVEL Announces Integration of Magic-Wrighter’s LoanPay Xpress Into SWIVEL’s Payments Platform | Read Now | SWIVEL
Finvi Continues to Expand Capabilities of Velosidy Platform, Releasing Modernized Functionality Supporting Legal Action in Pursuit of Debt Collection | Read Now | Finvi
Tyfone, OMNICOMMANDER Partner to Enhance Digital Marketing Solutions for Clients | Read Now | Tyfone, Inc. and OMNICOMMANDER
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