Digital Growth Institute Founder/CEO James Robert Lay is a Houston local and he has seen many hurricanes and tropical storms over the years but nothing like Hurricane Harvey. So we invited James Robert on the show to provide us with a first-hand account what happened during the hurricane -- and more importantly what's occurring afterward in regards of helping those who have lost their homes. Financial institutions are already playing a significant role in these efforts.
James Robert has also set up a donation site, where 100% of the proceeds will go to help area families get back on their feet after this devastating storm. Check it out and let us know your thoughts -- and don't forget to help out in some way possible.
Narmi Co-founder Nikhil Lakhanpal joins us on the show to discuss how his company's mobile and online banking platform provides a unified user experience, enabling financial institutions to effectively gain and retain more savvy consumers. What we discussed in this episode, however, is how open-APIs are rapidly changing today's banking -- and how financial institutions will benefit from this change. We discussed in detail one of Nikhil's recent blog posts on this very topic: "Is the US Going to Mandate Banks and Credit Unions Provide an API to their Customers?"
Check out our conversation with Nikhil and let us know your thoughts.
NBC Today Show Financial Editor and Host of the popular Her Money podcast Jean Chatzky joined us to talk about her latest book Age-Proof: Living Longer Without Running Out of Money or Breaking a Hip. Jean wrote the book with fellow author and Cleveland Clinic's chief wellness officer Dr. Michael Roizen.
Essentially, the book is about how health and wealth are intertwined in our lives -- something all us experience on a daily basis. Jean takes the finance side of the equation and maps out how staying out of debt, for example, can also keep you out of the hospital due to the stress it creates.
This is such a fascinating topic and makes total sense. So check out our chat with Jean and let us know your thoughts. And don't forget to buy the book, too.
Celent’s Dan Latimore Addresses ‘Understanding the Investment in Artificial Intelligence for Today’s Banking’…
Celent Senior Vice President Dan Latimore discusses understanding the investment into artificial intelligence in today's banking. Dan addresses why financial institutions are slow to adopt AI, what exactly AI looks like for a bank, and when he sees it really taking off in the financial services industry.
Complelling conversation for sure. So check it out and let us know your thoughts.
The word of the year so far, at least from what I've heard, has been "digitization." Financial institutions are digitizing many, if not all, their products and services to keep up with today's ultra-smooth Amazon experience most consumers now take for granted. We've been spoiled and expect this super simple and personalized experience every where we go.
Oftentimes getting left in the digitization dust is the digital marketing efforts of a credit union. Many FI marketers have their heads spinning on how to keep up with of today's modern and increasingly complex marketing practices. Gone are the days of just placing ads in a newspaper, 30-second spots during drive-time radio, and, if you were really daring, a TV commercial during the local newscast.
Don't get me wrong, those efforts still work in most cases. But, with the advent of mobile, data analytics, social media, and more, today's marketing has gone virtually digital, as well. It's gotten quite complex, giving many credit unions with limited resources a big headache on trying to maintain.
Fortunately, there are a good number of organizations out there that specialize in digital marketing practices, watching the horizon for new and effective means to market your wares. One such company is the Digital Growth Institute. This firm has been helping credit unions for many years with their digital journey in the marketing arena -- even holding very popular, onsite bootcamps for deeper dives.
Well, Digital Growth Institute is making it much easier to gain the knowledge required to maintain and even leap ahead of the proverbial curve in this area. They are launching their online Digital Growth Training Program for community banks to help them clarify what's what and subsequently create a digital blueprint for their digital journey, enhancing their value and relevancy for today's demanding consumers. First semester of their program starts July 10, 2017.
Check it out and let us know your thoughts. And don't forget to sign up for their training program. Really good, forward-thinking stuff here.