https://www.spreaker.com/podcast/podcast-credit-unions-and-400-kinds-of-cheese--6647965
Join us as we rethink what’s possible in digital banking—and how credit unions can lead the way.]]>enTechnologyCopyright Access Softekhttps://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/1bf9463b9b9b390ca1d7051acfa2b68a.jpghttps://www.spreaker.com/podcast/podcast-credit-unions-and-400-kinds-of-cheese--6647965Thu, 20 Aug 2026 10:45:30 +0000Access SoftekAccess Softekelobunets@accesssoftek.comThis podcast, brought to you by Access Softek, focuses on the challenge of managing product roadmaps for a large number of credit unions, each with their own unique needs and preferences. It highlights how standard solutions and customization tools...
Join us as we rethink what’s possible in digital banking—and how credit unions can lead the way.]]>false104893a2-8fa4-5be0-8b03-28656024e40aepisodichttps://www.spreaker.com/episode/the-evolution-of-intelligent-conversational-banking--727064578d645f0a-9b5f-4f3a-a032-52957b7912ffFri, 26 Jun 2026 17:41:22 +0000Access SoftekModern financial organizations are increasingly adopting intelligent communication tools to enhance how they interact with their clients. By integrating artificial intelligence with constant live support, these institutions can offer personalized...295falsefullhttps://www.spreaker.com/episode/the-future-of-digital-banking-turning-apps-into-investment-hubs--71893630- EasyVest® YourChoice gives customers full control to buy and sell stocks, ETFs, mutual funds, and fractional shares—anytime, anywhere.
- EasyCoin™ Crypto Solution enables secure crypto trading directly within your app, with access to thousands of digital assets and real-time transactions.
]]>2843056b-743e-470a-a3a3-92d0d4977f2dWed, 06 May 2026 16:18:06 +0000Access SoftekThis episode discusses a collection of digital tools designed to help community financial institutions offer diverse wealth management options. - EasyVest® Automated Investing is the first robo-advisor designed to seamlessly integrate with any online...- EasyVest® YourChoice gives customers full control to buy and sell stocks, ETFs, mutual funds, and fractional shares—anytime, anywhere.
- EasyCoin™ Crypto Solution enables secure crypto trading directly within your app, with access to thousands of digital assets and real-time transactions.
]]>313falsefullhttps://www.spreaker.com/episode/access-softek-client-conference--71063634fb039f74-d0b1-41ad-9d1e-dcb3eee7d08bThu, 02 Apr 2026 12:28:32 +0000Access SoftekJoin us for an unforgettable experience at Access Softek’s Client Conference 2026 -Beyond the AI Frontier: Where CUs Turn Innovation into Impact.Dates: August 30 through September 2, 2026Location: Jackson Lake Lodge, Grand Teton National Park,...365falsefullhttps://www.spreaker.com/episode/biometric-authentication-manager-secure-identity-verification--70898452Omnichannel Biometric Authentication: Elevating Security and Member Experience Across Every Touchpoint]]>2c77372c-139d-4219-86b1-09556c1d5cf0Thu, 26 Mar 2026 14:17:06 +0000Access SoftekAccess Softek has developed a Biometric Authentication Manager designed to streamline how call centers confirm a caller's identity. This technology utilizes the personal mobile devices of customers to facilitate a high level of security without the...Omnichannel Biometric Authentication: Elevating Security and Member Experience Across Every Touchpoint]]>298falsefullhttps://www.spreaker.com/episode/driving-non-interest-income-through-digital-payments--70898456Turning Loan & Invoice Payments into Predictable Non-Interest Income ]]>b71e94e9-3fb2-4e64-a003-d2c39c0f5012Thu, 26 Mar 2026 14:13:22 +0000Access SoftekIn this episode, we explore how modernizing digital payment systems can unlock new, predictable revenue streams—while reducing manual workload for staff. From streamlined loan and invoice processing to faster ROI, the conversation focuses on balancing...Turning Loan & Invoice Payments into Predictable Non-Interest Income ]]>307falsefullhttps://www.spreaker.com/episode/architecting-strategic-bundling-for-business-banking-success--70895889Let's Talk Bundling: Business Banking Packages Built for Your Members
]]>ee107739-98e6-4ce9-9654-e413693cc47dThu, 26 Mar 2026 12:23:34 +0000Access SoftekThis episode examines the strategic advantages and risks associated with creating bundled service packages for credit union business members. It highlights how well-structured tiers can simplify decision-making for clients while simultaneously...Let's Talk Bundling: Business Banking Packages Built for Your Members
]]>1327falsefullhttps://www.spreaker.com/episode/advanced-customizations-in-digital-banking-with-access-softek--70087017You can learn more details on SDK customizations by revisiting our webinar: https://vimeo.com/1136455783/007b35485f]]>6c4e1b8e-26b7-4c77-a2c2-78610cd24a94Mon, 16 Feb 2026 20:49:14 +0000Access SoftekThis episode is dedicated to specialized tools designed to enhance digital banking platforms through high-level customization. It focuses on the rollout of a new software development kit that allows financial institutions to build unique features and...You can learn more details on SDK customizations by revisiting our webinar: https://vimeo.com/1136455783/007b35485f]]>251falsefullhttps://www.spreaker.com/episode/enhance-member-support-with-access-softek-s-24-7-live-chat--70086222Learn more details by revisiting our webinar on this topic: https://vimeo.com/1121548660/56b9bf7b6]]>cf1f6803-8a02-4f17-8808-94cd2c19fa81Mon, 16 Feb 2026 20:03:12 +0000Access SoftekAccess Softek offers a continuous support solution for financial institutions through a specialized 24/7 live chat service. This platform aims to reduce the high costs and logistical hurdles of internal call centers while providing superior technical...Learn more details by revisiting our webinar on this topic: https://vimeo.com/1121548660/56b9bf7b6]]>310falsefullhttps://www.spreaker.com/episode/the-next-generation-call-center-solution--70084826ae6ade2d-b25e-4b46-bc76-ea0f29e47467Mon, 16 Feb 2026 17:23:05 +0000Access SoftekThe discussion focuses on Access Connect, a modern cloud-native platform designed to overhaul traditional financial call centers. The hosts highlight how outdated, on-premise software often hinders productivity and leads to a poor experience for...1007falsefullhttps://www.spreaker.com/episode/real-time-transfers-need-true-real-time-fraud-control--680327864d6664a2-13ec-45da-b35a-553fbb559cdbMon, 06 Oct 2025 15:12:15 +0000Access SoftekThis episode focuses on the potential for the FedNow service to replace numerous existing payment methods, such as ACH, wire transfers, and peer-to-peer payments. The hosts emphasize that this success hinges on preventing widespread fraud, which is a...301falsefullhttps://www.spreaker.com/episode/smart-transfers-for-credit-union-members--679417734ea3221c-2acf-4403-9224-7db4da4136a6Mon, 29 Sep 2025 15:46:19 +0000Access SoftekThis episode introduces the concept of "Smart Transfers," arguing that the current approach to money transfers is stagnant and needs innovation beyond developments like stablecoins or FedNow. The central issue identified is that users currently must...310falsefullhttps://www.spreaker.com/episode/digital-banking-and-third-party-integrations-for-credit-unions--67706842061a71bc-1221-4ee8-b758-9d04b13d7579Wed, 10 Sep 2025 16:30:54 +0000Access SoftekThis episode highlights the critical need for digital banking solutions that function as open platforms, allowing for seamless third-party integrations. It emphasizes that beyond standard features, financial institutions require the flexibility to...367falsefullhttps://www.spreaker.com/episode/international-finance-and-credit-unions--67581530c4b04495-050e-4b8b-94b6-039423e9135eMon, 01 Sep 2025 13:03:33 +0000Access SoftekThis podcast episode, "International Finance and Credit Unions," explores the implications of a global financial landscape increasingly shaped by economic coercion. The hosts discuss how the United States' use of its financial network for political...308falsefullhttps://www.spreaker.com/episode/credit-unions-need-to-reset-member-expectations--675556658b5aa1db-c7a4-41b2-80ac-001ddcea41ccFri, 29 Aug 2025 15:47:10 +0000Access SoftekThis episode explores the critical role of member expectations in the success of new digital banking features for credit unions. It highlights that member adoption is significantly higher for services they already anticipate from their credit union,...321falsefullhttps://www.spreaker.com/episode/a-crazy-idea-3-for-credit-union--6733153861885bf9-0ab3-46e5-9973-539ab961d844Mon, 11 Aug 2025 12:09:05 +0000Access SoftekThis episode focuses on innovative growth strategies for credit unions, specifically targeting individuals who have recently moved. It highlights that despite the rise of digital banking, people often seek local financial institution access when...298falsefullhttps://www.spreaker.com/episode/credit-unions-stable-coins-amazon-walmart-and-interchange-fees--6682224884955ea8-9f94-4cd3-b800-69ab42a24f97Tue, 01 Jul 2025 14:44:58 +0000Access SoftekThis podcast discusses the potential for major retailers like Walmart and Amazon to issue their own stablecoins, which could significantly disrupt the financial services sector. These companies collectively command a substantial portion of the retail...266falsefullhttps://www.spreaker.com/episode/the-genius-act-credit-unions-and-more-about-crypto--66822247887d4dd7-29d0-4424-89e6-1def48875424Tue, 01 Jul 2025 14:38:28 +0000Access SoftekThis session examines the GENIUS Act, recently passed by the Senate, which aims to integrate payment stablecoins into the U.S. financial system. This legislation defines stablecoins as digital assets designed for payments and settlement, offering a...307falsefullhttps://www.spreaker.com/episode/member-attention-digital-transactions-and-credit-unions--66822252c0e784bf-4ae9-402f-92f6-7265e6e34c73Tue, 01 Jul 2025 14:29:55 +0000Access SoftekThis discussion highlights a significant shift in the landscape of financial transactions, particularly noting a decline in checks and growth in digital payment methods like ACH, debit, and credit cards in the U.S. It draws a stark contrast with...282falsefullhttps://www.spreaker.com/episode/increasing-success-rates-for-loan-payments-a-strategic-imperative-for-credit-unions--66711238010ada52-d3d4-4778-aabb-f8b70fcac788Mon, 23 Jun 2025 17:31:34 +0000Access SoftekThis podcast discusses the increasing challenge of auto loan delinquencies within credit unions, highlighting that nearly 5% of borrowers are significantly past due. It emphasizes the critical role of auto loans as a major source of revenue for these...271falsefullhttps://www.spreaker.com/episode/real-time-transfers--667078504b232f96-73a4-46ed-9015-ad8e98d3c968Mon, 23 Jun 2025 13:20:06 +0000Access SoftekThis episode discusses FedNow, highlighting its anticipated impact on the financial sector. It emphasizes how this new system will transform payments processing and reshape consumer and business expectations regarding financial transactions. A crucial...288creditunions,digitalbanking,fintechfalsefullhttps://www.spreaker.com/episode/the-coming-wealth-transfer-and-credit-unions--66707847If the recipients of the transfer are your members you win, and if not, you lose. The downside is of a magnitudethat is a potentially existential risk to your credit union.
What’s needed is simple. The children and grandchildren of your members must also be members.
Unfortunately, the average age of a member is 53. Even worse, surveys show adult children prefer not to have anaccount where their parents have an account.
Unless credit unions adopt a wealth transfer strategy today it will be a train wreck for the industry.
At Access Softek we believe one essential component of the right strategy is for every credit union to offerinvestment options such as a robo advisor, self-directed digital investing and a crypto solution.]]>6ae8aa43-ec0d-4649-8f49-3d846aeef402Mon, 23 Jun 2025 12:44:54 +0000Access SoftekIn the next twenty years over 84 trillion in assets will be passed from the silent and boomer generations to their children and grandchildren. The largest wealth transfer inhistory. If the recipients of the transfer are your members you win, and if...If the recipients of the transfer are your members you win, and if not, you lose. The downside is of a magnitudethat is a potentially existential risk to your credit union.
What’s needed is simple. The children and grandchildren of your members must also be members.
Unfortunately, the average age of a member is 53. Even worse, surveys show adult children prefer not to have anaccount where their parents have an account.
Unless credit unions adopt a wealth transfer strategy today it will be a train wreck for the industry.
At Access Softek we believe one essential component of the right strategy is for every credit union to offerinvestment options such as a robo advisor, self-directed digital investing and a crypto solution.]]>226falsefullhttps://www.spreaker.com/episode/will-passkeys-finally-kill-the-password--66658739]]>78563937-6aba-4397-a8a2-119ea734a8dcFri, 20 Jun 2025 18:40:44 +0000Access SoftekThis episode discusses the advanced security features of Access Softek's digital banking product, highlighting their recent integration of passkey support. Multiple prominent technology companies, including Google, Microsoft, and Apple, are quoted,...]]>278falsefullhttps://www.spreaker.com/episode/a-thought-about-your-security-budget--66632182971c99df-a964-4fe0-b386-9ed549daf058Thu, 19 Jun 2025 16:08:43 +0000Access SoftekThis podcast examines financial institution approach to security budgeting. It highlights how many credit unions erroneously base their security investments on past fraud losses, effectively assuming historical data predicts future threats. The author...304falsefullhttps://www.spreaker.com/episode/an-ai-experiment-for-your-credit-union--66630996To create an Assistant is simple; giveit instructions, add your files and you have a very valuable tool. Youmight create an Assistant for underwriting loans or answering questions in thecall center. Try it as an experiment. You will find lots of detailedinstructions on YouTube or in a standard web search.
We have a number of ChatGPT Assistantswe created and use on a regular basis, including one we call EvanAI to helpanswer questions about the product he manages.
Try it and see why Access Softek is“AI Everywhere”.
Buckle up credit unions, the future iscoming. ]]>2e875ec2-2095-4e61-afd2-562a54760fdaThu, 19 Jun 2025 14:29:20 +0000Access SoftekRetrieval AugmentedGeneration (RAG) allows you to focus ChatGPT on your documents. You can askChatGPT a question and it will synthesize an answer from all your policies,procedures, annual reports, website, marketing materials and more. To create an...To create an Assistant is simple; giveit instructions, add your files and you have a very valuable tool. Youmight create an Assistant for underwriting loans or answering questions in thecall center. Try it as an experiment. You will find lots of detailedinstructions on YouTube or in a standard web search.
We have a number of ChatGPT Assistantswe created and use on a regular basis, including one we call EvanAI to helpanswer questions about the product he manages.
Try it and see why Access Softek is“AI Everywhere”.
Buckle up credit unions, the future iscoming. ]]>286falsefullhttps://www.spreaker.com/episode/data-breaches-and-your-credit-union--66591616When you product shop, look for security innovations you haven't seen before. When you are chased by lions,don't be the slowest in the herd.that exacerbate risks. Ultimately, the text advises consumers and businesses to seek out advanced security innovations to protect themselves from escalating threats.]]>0fcd4b66-9cb4-4d3a-baed-59681e4704d7Tue, 17 Jun 2025 12:38:25 +0000Access SoftekThis podcast highlights the critical importance of cybersecurity in 2024, emphasizing the significant number of data breaches that have already occurred this year. Cooperating members, a no risk business model for fraud attempts and real time fully...When you product shop, look for security innovations you haven't seen before. When you are chased by lions,don't be the slowest in the herd.that exacerbate risks. Ultimately, the text advises consumers and businesses to seek out advanced security innovations to protect themselves from escalating threats.]]>336falsefullhttps://www.spreaker.com/episode/kill-the-password--66590891a6ca8598-8d9f-4fad-a596-fef53e5969a4Tue, 17 Jun 2025 12:22:23 +0000Access SoftekThis podcast discusses the challenges and strategies for moving beyond traditional passwords in financial institutions. It highlights that user habits make the transition away from passwords difficult, despite more secure and convenient biometric...241falsefullhttps://www.spreaker.com/episode/the-credit-union-big-rfp-mistake--6659089098f611e6-75e8-439d-92dd-e2ca8cd88d83Tue, 17 Jun 2025 12:13:29 +0000Access SoftekThis podcast discusses a critical flaw in traditional Request for Proposal (RFP) processes. It highlights how RFPs, despite their thoroughness, often overlook innovative solutions because they are limited to pre-defined questions. This limitation can...297falsefullhttps://www.spreaker.com/episode/will-quickbooks-follow-the-same-death-spiral-as-quicken--66590892]]>862baacb-3edb-4e0a-b429-8c1135afbf9fTue, 17 Jun 2025 12:02:50 +0000Access SoftekThis episode explores the eventual obsolescence of QuickBooks, mirroring the earlier decline of Quicken as online banking evolved. Business banking platforms will progressively incorporate features currently offered by QuickBooks, ultimately making a...]]>307falsefullhttps://www.spreaker.com/episode/ai-agi-rag-super-intelligence-and-credit-unions--66579252b4d1a4c9-0fcf-4281-95f7-e2ffba2767ddMon, 16 Jun 2025 13:04:17 +0000Access SoftekThis podcast examines the impact of technological advancements on credit unions, highlighting a common pattern where initial rapid improvement eventually stabilizes until the next significant breakthrough. It draws parallels between past innovations,...331falsefullhttps://www.spreaker.com/episode/alphafold-the-noble-prize-and-credit-unions--6657925193921471-39da-4ea7-932a-9fd2f9e01f20Mon, 16 Jun 2025 12:46:24 +0000Access SoftekThe discussion highlights the growing ubiquity and significance of Artificial Intelligence (AI) across various sectors. It emphasizes how AI's influence is already evident, citing Nobel Prizes awarded for AI-related breakthroughs like AlphaFold's...277falsefullhttps://www.spreaker.com/episode/must-have-digital-account-opening-features--66579253This discussion promotes the adoption of biometrics for enhanced security, personalized approaches to cater to individual needs, and 24/7 support through live chat and chatbots to reduce drop-off rates. Furthermore, it emphasizes the importance of real-time verification instead of archaic penny deposits and seamless integration with digital banking to eliminate redundant data entry. Ultimately, this episode emphasizes that existing solutions are outdated and that a modernized approach is essential for effective digital account opening.]]>ca0a6a42-a693-4a7c-b06f-7c625468cd6bMon, 16 Jun 2025 12:35:36 +0000Access SoftekThis episode discusses the outdated and inefficient practices often found in current digital account opening processes. It highlights several key areas where improvements are necessary to create a more secure, personalized, and user-friendly...This discussion promotes the adoption of biometrics for enhanced security, personalized approaches to cater to individual needs, and 24/7 support through live chat and chatbots to reduce drop-off rates. Furthermore, it emphasizes the importance of real-time verification instead of archaic penny deposits and seamless integration with digital banking to eliminate redundant data entry. Ultimately, this episode emphasizes that existing solutions are outdated and that a modernized approach is essential for effective digital account opening.]]>322falsefullhttps://www.spreaker.com/episode/american-national-defense-chinese-hacking-and-credit-unions--66549817bb67ab75-49a3-498b-8f20-e0eeced9e4f4Fri, 13 Jun 2025 14:00:47 +0000Access SoftekThis episode highlights the urgent need to bolster cybersecurity measures across various sectors deemed critical to American infrastructure. It emphasizes that recent cyber breaches, specifically a significant compromise of the U.S. telecom network...215falsefullhttps://www.spreaker.com/episode/crypto-trump-and-credit-unions--66549819f7e8f3de-31b2-4e1a-b0e2-963de0ed4017Fri, 13 Jun 2025 13:46:47 +0000Access SoftekThis podcast discusses the evolving landscape of cryptocurrency and its implications for credit unions.278falsefullhttps://www.spreaker.com/episode/personalization-dark-mode-and-credit-union-members--66549818There is a right way and a wrong way to do personalization.
The wrong way is for the credit union to restrict member options or to give members complicated personalizationoptions. The right way is for one click member-choice personalization.
With enough one click member-choicepersonalization options your member is not leaving.]]>51ec33b8-2fb7-46f8-8f78-1f58d5d1c510Fri, 13 Jun 2025 13:32:02 +0000Access SoftekEvery person isdifferent and therefore every person should have a digital banking experience tailored to them. This sounds good in theory, but in practice it's very complicated and risky. For example, if the credit union personalizes the...There is a right way and a wrong way to do personalization.
The wrong way is for the credit union to restrict member options or to give members complicated personalizationoptions. The right way is for one click member-choice personalization.
With enough one click member-choicepersonalization options your member is not leaving.]]>278falsefullhttps://www.spreaker.com/episode/business-banking-and-credit-unions--66548869e6b5d51d-da62-4976-8e2e-903276170eddFri, 13 Jun 2025 13:22:08 +0000Access SoftekThis podcast discusses the importance of aligning a credit union's digital services with the realistic scale of its business members. It highlights how the digital needs of businesses evolve with their size, becoming more complex in areas like...350falsefullhttps://www.spreaker.com/episode/to-catch-a-cyber-thief-and-credit-unions--66548868Not true for cyberfraud. If someone attempts fraud against online banking, law enforcement has little theycan do, and the fraudster has virtually no risk of getting caught. The fraudster is either, “well that just paid for my next vacation. Wonder who I should target tomorrow for my new car” or, in the worst case, “darn it, I’ll grab a beer and try again tomorrow.”
It’s a no risk and high reward career. Of course it’s a growing problem.
In the absence of risk to the fraudster we are left trying to protect against hundreds of possible attacks and memberswho knowingly or unknowingly cooperate with the fraudster. But the fraudster only needs one weak link, and they can keep trying till they find it.
Law enforcement, even at the local level, needs to spend much more time and money getting smarter and faster about tracking down cyberfraud. And our industry needs to gather the forensics they need to find and arrest criminals.
will hardly happen anytime soon. In the meantime, strive for the best security, not sufficient security.]]>876958b8-e864-4486-822e-ae31f109c3f9Fri, 13 Jun 2025 13:06:13 +0000Access SoftekIf someone robs a branch there is a very good chance it will be reported, the police will diligently try to catch the thief, and the thief will be caught. Not true for cyberfraud. If someone attempts fraud against online banking, law enforcement has...Not true for cyberfraud. If someone attempts fraud against online banking, law enforcement has little theycan do, and the fraudster has virtually no risk of getting caught. The fraudster is either, “well that just paid for my next vacation. Wonder who I should target tomorrow for my new car” or, in the worst case, “darn it, I’ll grab a beer and try again tomorrow.”
It’s a no risk and high reward career. Of course it’s a growing problem.
In the absence of risk to the fraudster we are left trying to protect against hundreds of possible attacks and memberswho knowingly or unknowingly cooperate with the fraudster. But the fraudster only needs one weak link, and they can keep trying till they find it.
Law enforcement, even at the local level, needs to spend much more time and money getting smarter and faster about tracking down cyberfraud. And our industry needs to gather the forensics they need to find and arrest criminals.
will hardly happen anytime soon. In the meantime, strive for the best security, not sufficient security.]]>258falsefullhttps://www.spreaker.com/episode/a-faster-horse-for-credit-unions--66547927It is important to hear the voice of the member but that cannot be the only guide to your roadmap. Nor can it bethe decisive factor in evaluating a new innovation. It will hold back innovation.
It is always possible to find reasons why you shouldn’t try something new. As a student, Fred Smith, the founder ofFedEx, wrote a paper describing FedEx and he received a “C”. It was an idea that would never work.
Our job is to turn short term science fiction into product features used in everyday life. That means taking risks,accepting that not every idea will work, and an eagerness to try new things.When you look at partners look for a track record of innovation. ]]>f46ce86c-d883-4f3a-9689-d2c7018405d2Fri, 13 Jun 2025 11:27:44 +0000Access Softek“If I had asked people what they wanted, they would have said a faster horse.” Attributed to Henry Ford, the founder of Ford Motor company. It is important to hear the voice of the member but that cannot be the only guide to your roadmap. Nor can it...It is important to hear the voice of the member but that cannot be the only guide to your roadmap. Nor can it bethe decisive factor in evaluating a new innovation. It will hold back innovation.
It is always possible to find reasons why you shouldn’t try something new. As a student, Fred Smith, the founder ofFedEx, wrote a paper describing FedEx and he received a “C”. It was an idea that would never work.
Our job is to turn short term science fiction into product features used in everyday life. That means taking risks,accepting that not every idea will work, and an eagerness to try new things.When you look at partners look for a track record of innovation. ]]>326falsefullhttps://www.spreaker.com/episode/family-banking-and-credit-unions--66547249Family members don’t want to bank together. They actively choose to bank somewhere their parents or childrendo not bank.
This creates many problems, but it also represents an important opportunity for those who can motivate families to bank together.
There are many ways to nudge families to bank together, but the foundation is to allow finances to be shared withvery granular permissions and controls. Joint accounts on the core do not give enough detailed control over who can see what and who can do what.Here are two simple use cases you should be able to handle:     - Your child at college has the ability to spend 50/week without approval and requestapproval for up to another 100/week with a cap after that.- You can manage and pay bills for your senior parent who can view but not use any funds without your approval.If your digital banking solution cannot manage these cases and many more, you can’t support family banking.
If you are interested, let us show you how we do family banking. ]]>9feca4ec-65c5-4967-8615-e879ac005200Fri, 13 Jun 2025 11:15:18 +0000Access SoftekA few years ago Access Softek did a survey of credit union members and their adult children. It’s a complicated and interesting story but one surprising result was the following: Family members don’t want to bank together. They actively choose to bank...Family members don’t want to bank together. They actively choose to bank somewhere their parents or childrendo not bank.
This creates many problems, but it also represents an important opportunity for those who can motivate families to bank together.
There are many ways to nudge families to bank together, but the foundation is to allow finances to be shared withvery granular permissions and controls. Joint accounts on the core do not give enough detailed control over who can see what and who can do what.Here are two simple use cases you should be able to handle:     - Your child at college has the ability to spend 50/week without approval and requestapproval for up to another 100/week with a cap after that.- You can manage and pay bills for your senior parent who can view but not use any funds without your approval.If your digital banking solution cannot manage these cases and many more, you can’t support family banking.
If you are interested, let us show you how we do family banking. ]]>323falsefullhttps://www.spreaker.com/episode/are-managed-services-the-next-big-trend-for-credit-unions--66531827946bd95d-cee0-4a45-b08f-9beb8ef4f155Thu, 12 Jun 2025 13:08:37 +0000Access SoftekThis deep dive explores the evolution of digital banking for credit unions, highlighting a significant shift towards cloud-based hosting due to its security, efficiency, and cost benefits. It identifies a growing challenge where the complexity of...400falsefullhttps://www.spreaker.com/episode/little-credit-unions-vs-big-banks--665318413432ac25-80b9-4840-8479-3182002c950cThu, 12 Jun 2025 12:53:41 +0000Access SoftekThis podcast explores the inherent advantages smaller entities possess when challenging established giants, particularly within the financial sector. It highlights the vast disparity in scale, using the example of a credit union against JP Morgan...317falsefullhttps://www.spreaker.com/episode/a-crazy-idea-1-for-credit-unions--66511501While acknowledging the uncertain financial return, there is a huge potential for a dramatic increase in community reputation if such support were implemented. This reflects a shift towards a more holistic and empathetic relationship between financial institutions and their clientele.]]>ca4fa002-7ec8-4e1e-865d-0f456b311115Wed, 11 Jun 2025 17:29:42 +0000Access SoftekThis episode proposes an innovative approach for credit unions to manage loan risk and support members, moving beyond traditional underwriting methods. It highlights that common causes of bankruptcy like job loss, medical expenses, and divorce are...While acknowledging the uncertain financial return, there is a huge potential for a dramatic increase in community reputation if such support were implemented. This reflects a shift towards a more holistic and empathetic relationship between financial institutions and their clientele.]]>269falsefullhttps://www.spreaker.com/episode/the-hidden-potential-of-digital-banking-for-credit-unions--66509988a990049f-5ce0-4322-84dd-50a87a22d64fWed, 11 Jun 2025 16:48:11 +0000Access SoftekThis passage explores the historical development of digital banking, noting its origins in providing users with basic account information and bill payment functionalities, which initially led to the success of financial software like Quicken. While...250falsefullhttps://www.spreaker.com/episode/credit-unions-out-of-wallet-questions-and-the-rate-of-innovation--665090162e62dea4-5514-44d9-8ee9-f472ca49c87bWed, 11 Jun 2025 14:00:41 +0000Access SoftekFor many years, out-of-wallet questions were the standard for digital account opening. It was an important innovation that allowed fully automated digital account opening. Limitations and problems quickly emerged, too many people fail who should not...323falsefullhttps://www.spreaker.com/episode/what-do-smbs-really-need-from-a-credit-union--664963201047ac6a-794b-4e66-ab86-1c1fc14cbb2dTue, 10 Jun 2025 13:33:53 +0000Access SoftekThis podcast discusses how credit unions can better serve small and medium-sized businesses (SMBs) by extending their offerings beyond just invoice payment processing. The podcast discusses SMB money cycle, illustrating that current banking solutions...341falsefullhttps://www.spreaker.com/episode/small-business-members-invoices-direct-deposit-and-credit-unions--66496280e975c82e-345d-423b-86a9-efa013082cdfMon, 09 Jun 2025 13:09:39 +0000Access SoftekThis podcast discusses the importance of credit unions offering invoicing capabilities within their digital banking platforms for small business members. It highlights the challenge credit unions face in securing business deposits when payments are...269falsefullhttps://www.spreaker.com/episode/credit-unions-and-400-kinds-of-cheese--66496265]]>d1ef332c-038b-43f9-88e4-2479b65f50deFri, 06 Jun 2025 13:40:32 +0000Access SoftekThis podcast is about the challenge of managing product roadmaps for a large number of credit unions, each with their own unique needs and preferences. It highlights how standard solutions and customization tools are commonly used but argues that the...]]>292falsefull