The second edition of FTT Building Societies on 6th October was a unique virtual gathering of building societies, credit unions, fintech and tech providers. Our community shared personal experiences of adopting technologies within their organisations and dived deeper into specific technologies to discover the most beneficial solutions and the practicalities of implementation. We opened the

On 6th October, our community of building societies, credit unions, fintechs and tech providers came together for FTT Building Societies. Throughout the day, we explored digital transformation and the future of the mutual banking sector. Our audience participated in a range of polls where they provided their own insights and expertise. We considered the benefits

The relevance of building societies amongst younger savers  Attitudes towards banking have rapidly shifted in recent years as younger, tech-savvy customers enter the marketplace. Digital native users expect a smooth and seamless banking experience, no matter if they are in-branch, online or on their mobile. A recent poll by the deVere Group found that 59% of their surveyed clients born between 1980 and 1996 either

How Regtech is boosting agility and improving the adoption of emerging technologies   The increasing regulatory burden placed on credit unions is costing them billions in compliance costs. According to the Credit Union National Association (CUNA), US credit unions spend more than $6 billion a year on dealing with regulatory compliance and this figure is growing by hundreds of millions of dollars

What can UK credit unions learn from the US?  There’s no question, the role of credit unions has shifted dramatically in recent decades. From the move to online banking and the growth of digital platforms, leading building societies have placed innovation at the center of their vision for the future. But as customer reliance on physical branches falls, all

Fintechs and AI – A Smart Move for Building Societies and Credit Unions There’s seemingly no end to the business applications of artificial intelligence. From fraud detection to forecasting sales and analysing consumer behaviour, AI has rapidly become a powerful tool for enterprises across the world. In recent years, building societies and credit unions have

The Sky’s the Limit – Fintech, Flying Taxis and Googling Your weekly resource for noteworthy news, fascinating features, and fintech titbits that caught our eye. Whether you live by your Twitter lists, save your Google Alerts or simply scroll through LinkedIn for insights and commentary – there is a wealth of content that weaves a

At 2020’s launch of FTT Building Societies the day kicked off with an exploration of how members sit at the heart of everything. Any digital innovation has to be driven by improved experience – creating meaningful interaction and a seamless journey for customers. Discover how mobile apps, digital identity solutions and conversational AI are enhancing

Are credit unions and fintechs friends, competitors or collaborators? Fintech Talents North America brought together an impressive panel of innovative leaders from credit unions to explore how they can create beneficial working partnerships with innovative fintechs to the benefit of both their organizations and, crucially, their end customers and communities. The pandemic upended many of