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How to Create a Game-Changing Financial Product

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Manage episode 448955608 series 3036916
Content provided by Kerala Goodkin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerala Goodkin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In a heavily regulated industry like financial services, innovation can seem daunting. There are so many regulatory hoops to contend with, not to mention a fierce aversion to risk. But as Jerome Emanuel, Chief Lending Officer at Alternatives Federal Credit Union has discovered, if you focus on solving a proven problem and finding ways to say yes, the doors that end up opening just might surprise you.

Jerome joins us for this month's episode of The Remarkable Credit Union podcast to discuss Alternative FCU's game-changing FAIR Mortgage product, including what inspired it, how they got it off the ground, and what the results have been to date. He also addresses this month's BIG question:

How can a financial product address systemic inequality, and what risks are entailed in changing the rules of the “game?”

  continue reading

112 episodes

Artwork
iconShare
 
Manage episode 448955608 series 3036916
Content provided by Kerala Goodkin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerala Goodkin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In a heavily regulated industry like financial services, innovation can seem daunting. There are so many regulatory hoops to contend with, not to mention a fierce aversion to risk. But as Jerome Emanuel, Chief Lending Officer at Alternatives Federal Credit Union has discovered, if you focus on solving a proven problem and finding ways to say yes, the doors that end up opening just might surprise you.

Jerome joins us for this month's episode of The Remarkable Credit Union podcast to discuss Alternative FCU's game-changing FAIR Mortgage product, including what inspired it, how they got it off the ground, and what the results have been to date. He also addresses this month's BIG question:

How can a financial product address systemic inequality, and what risks are entailed in changing the rules of the “game?”

  continue reading

112 episodes

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