This is a roundup of industry news and links for the week of May 22nd that have informed, entertained, and inspired us.
Here’s our weekly roundup of industry news:
4 Fintech & Mobility Trends CUs Should Care About – It’s no secret that consumers are constantly shifting their behaviors and gravitating toward financial services providers that make their lives easier, more convenient and more affordable.
Credit Unions on Fire in Hot Economy – Credit unions are setting new records and outperforming banks this year as the U.S. economy remains robust, industry analysts said Thursday.
Credit union growth is being fueled by record numbers of new members and current members borrowing more heavily. Members on average are earning more, which is reflected in higher balances and greater borrowing for cars and homes.
How Blockchain Tech Could Move Self-Driving Cars Into the Fast Lane – A future with autonomous vehicles is fast approaching – and with it, the idea that blockchain could connect automobiles and other Internet-of-Things (IoT) devices is getting its fair share of attention.
Even though smart houses (where doors, thermostats and appliances are connected to the internet for added functionality) may have seemed more trendy a year ago, blockchain startups are becoming drawn to the potential of connected cars.
Enterprises Have Extremely High Hopes For Blockchain Technology – Blockchain technology, born, bred and maintained on the network, is the kind of thing techies love, and may help resolve lingering data management and inter-organizational communications issues. (Well not all tech aficionados — Tim Bray recently discounted it as a “an overpromoted niche sideshow.”) For some business leaders, there’s value to be had once blockchain gets more established. Companies that consider themselves as potential disruptors see blockchain as the vehicle of that disruption.