This session about the credit union of the future is an informative and thought-provoking session designed to provide participants with insights into the rapidly changing landscape of banking and financial services.
How do credit unions remain key players in the financial services ecosystem in the future. Currently, traditional financial institutions face challenges including the rise of fintech companies, changing consumer behaviors, and increased competition from non-traditional financial institutions.
But what’s next? Emerging technologies are shaping the future of banking, including artificial intelligence, blockchain, and biometrics. Combining this with evolutions in world connectivity, societal norms, and financial implications, creates a dynamic like we haven’t seen since the ice age.
Throughout the session, participants will be encouraged to share their thoughts and ideas about the future of banking and their credit unions. The objective is to provide a thought-provoking session that expands our view of what is possible so that we deepen our appreciation for new opportunities and risks that face our organizations.