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Filene: The Blog

Helping leaders catch their stride

Helping leaders catch their stride

When I first began running marathons, I made a lot of mistakes. I was overconfident and under informed. I did not know what questions to ask of my more experienced counterparts. There are certain basic lessons that experienced runners know to be true.

For example, when running 26.2 miles you have to refuel. The thought of eating while running seemed both silly and foreign to me. Not until I continually bonked after 16-18 miles did I start taking the journey of refueling more seriously.

Eventually through the harsh school of experience, I learned. It took many years and many races before I began to apply my learning so that I was a stronger and faster marathoner.

Many leaders follow a similar path.

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Technology Scan: The consumer still holds the cards

In my last post, Digital Wallets: Still Waiting for Critical Mass, I offered takeaways on what's happening with Apple Pay and other digital wallet providers gleaned from data and dialogue shared at PYMNTS.com’s Retail Reinvention conference held recently in Chicago.  As a follow up let’s recap some of the other memorable comments, which shed light on the latest trends in both technology and consumer behavior.

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“Some Choices Matter”

Guest blogger Martin Reed shares "Some Choices Matter" - a video created to start a conversation about the choices people make about where they bank and invest their money, and why those choices matter.

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Oh My Gosh, Are My Teeth Yellow? What I learned About Point of Sale Opportunities at the Dentist.

Oh My Gosh, Are My Teeth Yellow? What I learned About Point of Sale Opportunities at the Dentist.

While at the dentist for my bi-annual cleaning, my dentist asked if I would be interested in teeth whitening. A good deal, he said, if I wanted to get fitted for trays while having other work done. Although a little put off, (Are my teeth yellow??, Oh my gosh, why hasn’t anyone mentioned this to me!?), I seriously considered it. My dentist even had payment options for the whitening, which could cost around $600 – “if I needed it,” he said. Is my dentist offering me credit?, I thought.

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Credit Union Leadership: Quantified

Credit Union Leadership: Quantified

Imagine trying to measure gravitational pull. Really. Consider how you might construct a machine to measure the attraction between two masses. If you’re an amateur like me, you wouldn’t even know where to start. But if you think like Henry Cavendish did in 1797, you would construct an elaborate wooden structure and measure torsion in a wire that dangled lead spheres.

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Living on the Financial Edge: New Debt Challenges for At-Risk Americans

Living on the Financial Edge: New Debt Challenges for At-Risk Americans

Over the last year, Filene has released a series of reports on the financial state of four groups that are essential to healthy credit unions—Gen Y, pre-retirees, Hispanics, and women. The data paints a troubling picture of various American subgroups’ financial capability.

These reports rely on key data from the National Financial Capability Study to analyze significant indicators of Americans’ financial capability, including short-term and long-term debt. This research demonstrates how essential it is for credit unions to respond to the financial needs of these groups. The studies use more than 5,000 survey observations to illuminate how each group manages money and what factors play into their financial decision making.

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