COBA will again be welcoming members to their annual industry conference which is being held in Melbourne from 21-24 October. This year’s theme is quite aptly ‘the challenge of change’ as the banking sector is being buffeted by several forces– new regulation such as the Customer Data Right, competition from FinTechs and digital banks, technology possibilities from AI, and also greater demands from a new generation of customers with expectations of seamless digital experiences. This has given rise to a new wave of mergers as credit unions seek to remain cost effective but still relevant to their member base
As the major technology partner to the credit union and mutual sector, our focus is on supporting clients to be compliant with regulation and using technology to develop products that will grow their business and meet the demands of the millennial generation. We are also experts in mergers between credit unions having successfully managed 32 in recent years.
Come to visit our stand to hear what we are doing to advocate for tech standards for Open Banking, how we’ve opened our API Sandbox, and see our latest product developments like our new digital onboarding solution. And if you are thinking of a merger and are worried about the costs and impacts to your members, then come to talk to us about how our approach can help.