The day the world changed: January 9, 2007. Those that work at a credit union may think back ten years to remember what was happening in the financial services world at the start of 2007. Was this the date when the first large bank collapsed? Was it the passage of new key financial legislation? Something going on with interest rates? None of those things align to that particular date – although it’s important to note that all of those were important trends that were happening around the same time.January 9, 2007 was the day that Steve Jobs announced the original iPhone.In an infamous product launch speech, Steve Jobs said that Apple Computer was announcing three revolutionary new products on that day. First, it was launching a widescreen iPod with touch controls. Second, Apple was also launching a breakthrough mobile phone – and there was a ton of cheering in the room for the phone. And finally, it was launching a breakthrough internet communicator. Again, everyone cheered ecstatically. Masterfully, Jobs then teased the audience about how these three ‘different’ products could be combined, and ended with the brilliant punchline that these three products were actually just one single device. This legendary example of Jobs’ showmanship can be seen in this video.But nobody – not even Steve Jobs – could have predicted the impact that this trifecta device would have. Furthermore, most people would not have guessed that the third product – the ‘internet communicator’ – would end up being the most transformative part of the device. But it did. Now – ten years later – the iPhone is not really used as much of a phone. And while important, the ability to play music or videos is a secondary benefit to the iPhone. Its killer app is that it is a powerful mini supercomputer that you can fit in your purse or pants (and, well, it also happens to make phone calls). And when you combine the power of the internet with the convenience of accessing the sum of all human knowledge in the palm of your hand, that is going to continue be a big deal. Is this the understatement of the year?With access to a smartphone, Credit Union members now practically have an entire branch of a Credit Union in their pocket too. With check depositing capability, the ability to check balances and transfer money, the consumer’s need to step into a branch is a fraction of what it used to be. That is about as disruptive as it comes.But looking back over the last ten years, there is another critical undercurrent too that needs to be noted.With the financial collapse (also starting in 2007), consumers’ distrust of the banking industry skyrocketed. Consumers no longer trusted the ‘experts’ at credit unions to tell them what to do or how to bank. Consumers and members wanted to be empowered to make their own informed decisions around personal finance. While it is true that information on the internet existed before the iPhone, the convenience and ubiquity of the device itself – the ability to check out snippets of information while on the go – meant that you were also only a few finger taps from getting the information you need at any time. As a consumer, you no longer would dare walk into a situation without having at least some information. Now, you can easily pull out your phone on the way to the Credit Union (or the doctor’s office, car mechanic, or department store) and research your options, see feedback from others, and become informed and empowered, before talking to any expert. Why would you approach any decision without being informed?Today’s consumer now expects to ‘know before you go’ in almost any situation. Your members are using their phones to research information and advice on personal finance. Are you providing them what they need?Now – let’s jump to Fall 2017. There are tons of rumors about the new iPhone that is coming, and at the time of this writing, some of this is pure frenzy and speculation. But it is clear that one feature – peer-to-peer payments as part of the update to the phone’s operating system – seems a safe bet to actually launch. Peer-to-peer payments from Apple will again change the game. Yes – there are other peer-to-peer solutions out there. And online bill pay certainly can be used for personal transactions in a similar peer-to-peer way. But given Apple’s market penetration, and often elegant execution of user experience, this is going to be different. The most important feature of the iPhone – its convenience and ubiquity – will make the Apple peer-to-peer solution something truly impactful. The use of cash has been declining for years, but this will be at least one of the final ‘nails in the cash coffin.’ Online sites like Craigslist will be rid of one of the most vexing parts of buying goods from another person – getting cash for a secured transaction. Parents will also be able to pay their children’s allowance with the tap of two phones. Restaurants will no longer need to split since groups can easily settle up between themselves. Electronic payments are now truly liquid.So get ready. Peer-to-peer payments could rival the credit card as far as changing your Members’ spending habits. The next wave of innovation is about to happen. Learn more about how credit unions can optimize their mobile strategy to reach target consumer segments by downloading our white paper. 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Steve Rice Steve Rice is Executive Vice President of Financial Education at EverFi, the nation’s leader in Financial Education. He is based in Washington DC and has a career in technology, … Web: everfi.com Details
Kylie Burger and her husband are selling their home at 68 Victoria Street, Balmoral which is architecturally designed to help cater for their son’s special needs.There are challenges with any architectural brief, but when it comes to designing homes for disabled or elderly residents, a clever approach can bring stunning results.Twohill and James Architects’ director, Emma James, said more and more owners were factoring in special needs and the ageing population as part of new house construction.“There’s this whole idea of intergenerational living and inherent flexibility in houses these days,” she said.Ms James said, in many cases, solutions enhanced the value of a house. She said, for example, rooms that were visually connected were important if a family member needed constant supervision. “You might also make corridors wider to facilitate the movements of wheelchairs,” she said.“You might want to have flush thresholds to the outdoor spaces which is actually nice design anyway, blurring the lines between indoor and outside.”Ms James said when done right, homes that appeal to ageing or disabled residents will appeal to a wider range of buyers too.“If they’re (owners) actually considering these things, surely there’s enough other people considering them as well.”Kylie Burger and her husband, Ruan, are selling their home at 68 Victoria Street, Balmoral. The kitchen’s sliding safety screen and metal curtains add to the homes high-end architectural feel.Rather than window blinds with hanging cords, Mrs Burger chose window film to filter light with printed art and quotes adding to the bespoke feel.“It’s a beautiful soft feeling like an old time movie screen,” she said. 68 Victoria Street, Balmoral is beautiful from the outside and striking from the inside.Their home’s stunning ‘industrial glam’ design conveys high-end with the sort of eye-catching details buyers love.What many haven’t realised is some of the home’s bespoke elements cater to the needs of the couple’s seven-year-old son, Kyan, whose genetic condition presents physical and mental challenges.Mrs Burger said considerations such as main living on one level and compartmentalised but visually connected safe spaces are part of the home’s general appeal.“Instead of a traditional garage, we wanted a carport because we wanted to use that as a kind of outdoor play area,” Mrs Burger said. “It’s not a good day if you’re stuck inside and there’s nothing for Kyan to do.” More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor1 hour agoIn addition, there are beautiful elements that make the home more robust. “The door handles we imported from France — they’re a fine cut of handle but they’re in steel.”One standout feature is the sliding kitchen safety screen. Mrs Burger said they wanted something that was aesthetically pleasing and childproof.“It’s made out of perforated metal and, with the old exposed tracks at the top, it’s very industrial.“It gives you that safety from boiling water, sharp objects and glasses.”Another item was durable mesh metal curtains which stand up to punishment.“They’re aluminium and made in Spain — they give a beautiful filtered light effect.” Windows have printed films to filter light and add to the bespoke feel.It has created a home that works for their family, but is also a great place for visitors to discover. “You need more than one visit to take everything in,” Mrs Burger said. “I like the fact you have to slowly peel the layers away.” The five-bedroom home is listed through Darcy Lord of Place.It will be auctioned on September 2 at 2pm. Mr Lord said significant time and energy had been put into creating the home.Follow Kieran Clair on Twitter at @kieranclair or Facebook at Kieran Clair — journo Mrs Burger said the homes multiple layers of interest mean there’s always something new for visitors to discover.
Share Share Submit Sportradar combats social media abuse with player protection solution August 17, 2020 Related Articles StumbleUpon Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Alberto Alfieri: Leading the way for Gamingtec’s B2C growth August 25, 2020 Europe’s premier ice hockey competition, the Champions Hockey League (CHL), has signed a long term partnership with Sportradar for its expert integrity insights.The sports data, insight and analysis provider is to work together with the CHL, which pits the leading sides from the top tier of leagues across the continent against each other each year, in order to best safeguard the competition from manipulation and betting fraud.Martin Baumann, CHL Chief Executive Officer, added: “Our fans demand hard but fair competition and that cannot happen without integrity. As we set about finding the right partner to support us in this area, we were clear that we needed to work with most respected name in the field. The road led us to Sportradar and their Integrity Services. “We are delighted to bring them into the CHL family and it gives us great comfort and confidence to know that they are on hand to help and advise.”Sportradar details that it is to deliver a combination of monitoring and detection services, intelligence and investigation insights and a series of education and prevention workshops. The organisation is already partnered with the International Ice Hockey Federation, in addition to the German Deutsche Eishockey Liga and the North American NHL.Andreas Krannich, Managing Director of Integrity Services at Sportradar, said: “Creating the systems and tools to properly and credibly support any sport takes a lot of investment and expertise and we are humbled that the top rights owners in ice-hockey worldwide recognise and appreciate that. “The CHL pitches the best in Europe against each other to crown the number one team on the continent, doing our bit to help protect this proud competition is a great honour and we thank CHL for their trust”.