11 Jun SIEVEWRIGHT ENGAGED IN CUNA BOARD PLANNING
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. ...
02 Jun SIEVEWRIGHT SEES A CARPE DIEM MOMENT FOR CREDIT UNIONS
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...
06 May PaymentsJournal: COVID EATS UP INTERCHANGE
Posted at 13:01h
in Industry News
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...
05 May American Banker: CORONAVIRUS DEALS BLOW TO INTERCHANGE INCOME
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...
30 Apr SIEVEWRIGHT AND CU LEDGER CO-HOSTING “NEW REALITIES IN FINANCIAL SERVICES” VIRTUAL EVENTS
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...
30 Apr CU JOURNAL FEATURES SIEVEWRIGHT’S VIEWS ON COVID-19 IMPACTS
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...
28 Apr SIEVEWRIGHT MODERATES CUNA NATIONAL ROUNDTABLE
On April 28, Mark Sievewright moderated a national virtual event hosted by the Credit Union National Association (CUNA). More than 100 Credit Union executives from around the U.S. participated in the event which was focused on the Credit Union Movement's response to the COVID-19 pandemic...
19 Feb SIEVEWRIGHT ANNOUNCES COLLABORATION WITH CU ENGAGE
Posted at 13:51h
in Announcements
Sievewright & Associates is collaborating with CU Engage, a nationwide credit union consulting company, to provide a holistic, “outside-in” perspective starting with strategy and delivering results; through proven processes leveraging financial services industry veterans, and over 290 years of financial services experience....
06 Feb SIEVEWRIGHT TO CO-HOST STRATEGIC PLANNING WEBINAR
Mark Sievewright to co-host a webinar with FI Navigator - 2020 Vision: Securing the Future for your Credit Union in a new Era of Financial Services Date: Thursday, February 13, 2020 Time: 2 PM ET - Duration: 45 minutes Unquestionably, the financial services industry is in the midst of the...
04 Jan SIEVEWRIGHT PUBLISHES REPORT ON THE DECADE OF FINTECH
Posted at 13:17h
in Perspectives Reports
Perspectives Reports are available exclusively to members of the Strategic Leadership Series. Learn more about the Strategic Leadership Series here....