When legislatures, regulators, and international standards organizations write financial regulation, they follow the headlines, writing checks and balances designed to fend off the last crisis and to target egregious offenders or systemically risky organizations. The merits of this approach are debatable, but it almost always fails to account for small financial institutions, like credit unions, which must find ways to cope with new mandates.
The financial tech side of Silicon Valley was on display this week at Finovate, a showcase of 72 technology vendors focused on financial technology innovation. You can track the market each spring by which way the startups and product gurus are steering.
Richard “Doc” Heins, one of the founders of the Filene Research Institute, died on May 3 in Madison, Wis. He was 85. While President and Chief Executive Officer of CUNA Mutual Group, Doc inspired the creation of Filene. Our namesake, credit union and retail pioneer Edward A. Filene once said "Progress is the constant replacing of the best there is with something still better." Doc lived these words, pushing us all to see beyond what is there and explore new possibilities. We’ll miss him and recognize that we in part honor his legacy in the work we do today at Filene.
Two days at 99u with the world's creatives. Four monster general sessions. And 2200mG of ibuprofen for my throat. I won't be shouting soon, but here's what I'm learning.
CUNA's Community Credit Union Committee recently commissioned Filene to conduct a study on the future of payment systems
With less than two weeks until FinovateSpring 2013, we can’t wait to see the newest, most exciting innovations in financial and banking technology. Jason and I are headed to San Francisco on May 14 and 15 and we want you to join us! Here are the top five presenting companies that I'm excited to see.