New 2021 Dates Announced! As we continued to follow the news and the safety guidelines, it was clear that holding an in-person conference in Las Vegas was still not an option for March 29th. We’ve been working with the hotel and we are excited to announce that the NACUSO Network Conference will be moved to November 8-11, at the Encore Las Vegas Resort for 2021!
NACUSO has always been 100% dedicated to promoting CUSOs and collaboration. We’ve been successfully advocating for a regulatory environment conducive to collaboration for over 35+ years. While many events work as digital and virtual events, what we’re hearing from our Members and Partners is that the NACUSO Network Conference is best in person. The NACUSO Network has always been known for the place where deals get done. NACUSO Partners, Members and Attendees look forward to coming to this event as the collaborative connection point for credit unions, CUSOs and industry innovators and entrepreneurs. Face-to-face connections facilitate innovative collaboration and solutions … things we really need in this new operating environment.
In addition to being in constant communication with the Encore Resort, we’ve been following the State of Nevada Governor’s updates on safety and guidelines as it pertains to hosting events. We will continue to monitor the safety guidelines and recommendations from healthcare experts, the data on the virus and the updates of the vaccine distribution to ensure hosting a conference in November is a safe option.
We will post updates here and at www.NACUSONetwork.com to update conference participants when they can go online for more information. We are planning to open conference registration, exhibit package sign-ups and hotel reservations by June.
We appreciate your ongoing support and understanding and can’t wait to see everyone again in person.
If you were registered to attend, or sponsor at our 2020 conference in Orlando, you do not need to currently contact us to make a decision about your conference registration. We can automatically apply your registration or sponsorship fees to the 2021 NACUSO Network Conference. When registration is officially open, you’ll have the options of transferring your fees to the new 2021 November dates, applying them to the 2022 NACUSO Network Conference or requesting a full refund. We will be sure to contact you with the next steps and will work with you on the options that work best for your plans. If you have any questions, please contact Shawna@nacuso.org.
Here’s a link to the most up-to-date information about Las Vegas: https://www.lasvegasnevada.gov/News/Blog/Detail/corona-virus-update
And the winner of the 2020 NBI Competition is….
NACUSO’s Next Big Idea Competition, our version of the popular TV Show “Shark Tank” is now in its eighth year, and 2020 marks the first year in which prize money is available — $7,500 for first place, and $2,500 for second place, courtesy of CO-OP Financial Services! 2020 also marked the first year the competition was not live, but rather online. The rules were the same, each contestant was given 7 minutes to present and then the judges were given 8 minutes to ask questions. But ultimately the “audience” decides the winner. And with over 125 attending they voted NetGiver as number one and Posh Technologies took second place. The Final Four and their Big Ideas included:
Illuma Labs (www.Illuma-labs.com). “Illuma Shield” is a real-time voice authentication and fraud prevention service for credit union call centers. Replacing traditional and intrusive authentication processes like knowledge-based authentication (i.e., mother’s maiden name, etc.), Illuma Shield passively analyzes the member’s voice over natural conversation and results in higher authentication accuracy in a fraction of the time.
NetGiver (www.netgiverapp.com). NetGiver eliminates credit card, platform and administrative fees associated with charitable transactions and the charity gets 100 percent of what credit union members donate. Provided to credit union members as a mobile app, NetGiver is a unique acquisition and retention tool which delivers a branded, feel-good experience by simply and securely facilitating donations to a member’s preferred nonprofit organizations.
Posh Technologies (www.posh.tech). Posh has built a powerful conversational AI platform that is more humanlike and natural. The platform is designed such that it can integrate seamlessly with credit union backend tools, from banking cores to customer relationship management systems.
Pure IT Credit Union Services (https://pureitcuso.com). Pure IT offers customized strategic roadmaps ahead to help the credit union crush their goals, regardless of what solution or gadget they implement. Pure IT services credit unions needing an objective blueprint that outlines where their current strategy is now, and where they want to grow.
Congratulations to all four of our finalists who did an amazing job presenting in what we are all coming to know is the norm for now.
Thanks again to CO-OP Financial Services for supporting our event with $10,000.00 in cash prizes.
Eblasts & Upcoming Webinars
February 25 @ 11:00 a.m. PST | 2:00 p.m. EST – Register Here
A Look Ahead: Faster Payments in 2021
The world of digital payments rapidly evolved in 2020. The pandemic accelerated the need for faster payments, increasing both consumer demand for alternative payment options and the need for adoption by financial institutions. To illustrate, The Clearing House saw their RTP® network reach growth to over 57% of U.S. DDA account balances in December. The U.S. Faster Payments Council took large steps in addressing the problem of interoperability, which is a huge challenge for real-time payments in the U.S. to reach ubiquity. In this educational webinar presented by Alacriti on February 25, at 2:00 p.m. ET, Keith Gray, Vice President of Strategic Partnerships for The Clearing House, Reed Luhtanen, Executive Director for U.S. Faster Payments Council, and Mark Ranta, CTP Payments Practice Lead for Alacriti will discuss:
- Trends that will define payments in 2021
- Why your institution should offer real-time payments and the top use cases consumer and business clients expect
- Common misconceptions about faster payments and real-time payments
- Where to start and next steps for your real-time payments strategy
- Answers to commonly asked questions about the safety of faster payments
- What to do if your existing system does not support faster payments and how to modernize quickly and cost-effectively
- How to reduce payments friction
March 2 @ 12:30 p.m. PST | 3:30 p.m. EST – Register Here
Moneyball’s Billy Beane Joins a Conversation with Nymbus CEO Jeffery Kendall
Attend this invite-only event featuring Billy Beane of Moneyball fame. Billy Beane is one of the most influential figures in baseball, widely known for using data-driven decision making to win games and transform baseball. During this VIP event, we will explore why banks and credit unions need to adopt a data-driven approach to decision making with topics such as:
-How data can help leaders build new business models, obtain growth and launch disruptive innovation
-What steps leaders should take when seeking to identify value-added opportunities
-Why keeping a culture of data at the core of every organization is key to thriving and competing in the next normal
View NACUSO’s latest weekly eblasts for updates and additional webinars hosted by our Partners.
Weekly Eblast dated 2/18/2021
Weekly Eblast dated 2/11/2021
Weekly Eblast dated 1/28/2021
Weekly Eblast dated 1/21/2021
Weekly Eblast dated 1/14/2021
Weekly Eblast dated 1/7/2021
Weekly Eblast dated 12/17/2020
Weekly Eblast dated 12/3/2020
Weekly Eblast dated 11/12/2020
Weekly Eblast dated 10/29/2020
Weekly Eblast dated 10/22/2020