Naveen Jain of CULytics on the Power of Progressive Credit Unions
Naveen Jain has been using his analytical chops to solve problems for credit unions for years. The number of credit unions may have shrunk by almost 20% in the last five years, but the industry is not exactly in crisis. The most progressive institutions, Jain says, continue to grow their assets.
Part of being a progressive credit union is working successfully with fintechs. Credit unions bring highly trusted relationships with members, a viable economic model and crucially, for the progressors, a willingness to adapt and change. Progressive credit unions can often make decisions faster than banks, and are therefore highly attractive partners for fintech innovators. Listen to this podcast to hear about Jain's work at CULytics, and the opportunities credit unions have to help put new technology into the hands of consumers.