CU 2.0 Podcast Episode 318 James Robert Lay on Banking on Change

Send us a textJames Robert Lay is back with a new book, Banking on Change, and a message that will rock credit union executives out of complacency: “The Age of Artificial Intelligence spares no one from its transformative power.”This podcast is a fast paced, 40 minute romp through the changes that are transforming banking as we’ve known it into something that looks entirely different.Consider the words: checking account. Or even more obscure: sharedraft account.  What this is, really, is a spending account, says Lay in the show,  and that’s because we use it to spend our money.What we don’t do, at least we do a lot less of it, is write checks.Many consumers now live check-free lives.Ponder the magnitude of just that change.To survive through the changes in banking executives need a different, new mindset.  In the show, Lay talks about that mindset and about how to get there.Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com  And like this podcast on whatever service you use to stream it. That matters.  Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto