In the latest Perspectives Report, Mark Sievewright highlights why now is the time for America’s Credit Unions to focus their attention on the development and roll out of contactless payment options for their members. Perspectives Reports are available exclusively to members of the Strategic Leadership Series....
For the seventh time in the past ten years, Mark Sievewright is a contributing author to CUNA’s Environmental Scan. E-Scan is an invaluable tool for credit unions’ strategic planning efforts. ...
Mark Sievewright kicked-off the inaugural Heartland Credit Union Association Solutions Showcase today. In his remarks, Mark encouraged Credit Unions to have a relentless focus on delivering exceptional member experiences as a vital way to differentiate themselves....
Collaborating with Visa's Allie Chafey and PSCU's Jeremiah Lotz, Mark Sievewright presented his views on "Driving Connections Through Digital Payments" at PSCU's Virtual Member Forum 2020....
On June 4, Mark Sievewright presented his thoughts on the impact of the COVID-19 pandemic on the Financial Services industry and facilitated discussion among CUNA Board meeting participants. ...
During his comments in a webinar hosted by the MD-DC Credit Union Association, Mark Sievewright encouraged well-capitalized Credit Unions to “seize the day” in accelerating their investments in digital banking and payments capabilities. Mark described a set of “New Realities” facing America’s Credit Unions over...
The decline in consumer spend on payment cards due to COVID-19 related restrictions is eating into financial institutions’ interchange revenue in a big way. As the American Banker reported, interchange on large travel related purchases on credit cards created the initial impact. Debit cards saw an initial surge when...
By Jim Dobbs - Reporter, American Banker Stay-at-home orders and travel restrictions aimed at slowing the spread of coronavirus are disrupting consumer spending and crimping an important source of fee income for banks. At issue: Credit and debit card use has declined, causing a substantial decrease in...
On May 5 and 6, Mark Sievewright and CU Ledger's CEO, John Ainsworth, will co-host a series of C-level discussions with Credit Union leaders regarding the current and likely future impacts of the COVID-19 pandemic. This invitation-only event will focus on the theme of "New...
Credit Union Journal featured views from Mark Sievewright in its lead article today titled, "Card Revenues Could See Double-Digit Declines from Coronavirus Impacts". Sievewright is forecasting a decline of between 8-10% in 2019 payments revenues for financial institutions driven mostly by reduced Interchange Income and offered...
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