Matt Weidler, IT coordinator for Evangelical Christian Credit Union, has won the first THINK prize for his idea to allow consumers to access their funds from ATMs via mobile phones. Weidler told conference attendees that he came up with the idea after having forgotten his ATM card many times and thought, "Why shouldn't I be able to do this with a cell phone that I always have?"
The prize brings Weidler's CU $10,000 in seed money as well as technical and other developmental support.
CO-OP Financial Services announced the prize last year as a way of encouraging innovation, according to Caroline Lane, senior vice president for business development at CO-OP Financial Services.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
