What's the status of the relationship between credit unions and fintechs these days? The answer is, it's complicated. Often referred to as competitors but more recently seen as partners, fintechs and credit unions have endured a push-pull relationship that at its best, leads to growth for both parties, and at its worst, threatens credit unions' business.
In this episode, Cornerstone Advisors Chief Research Officer Ron Shevlin draws upon over 25 years of experience as a consultant, researcher, writer and speaker in the financial services realm to explain the state of credit union-fintech partnerships. He discusses findings from Cornerstone's latest "What's Going On in Banking" report, defining moments in the history of fintechs' rise, the credit union industry's recent fintech investments and a whole lot more.
Shevlin's take on fintechs and credit unions is entertaining, informative, unbiased and sometimes blunt. You don't want to miss it!
Plus, in this episode, I'm excited to enter the podcast studio for the first time as Michael Ogden's cohost. Join us as we get to know Shevlin, offer our thoughts on what fintech means to credit unions, and banter about our shared enthusiasm for movies and TV.
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
