Categories
Consultative Selling

Building for the Small Financial Institution with Ted Coy of Valiify (Behind the Vault Podcast #39) [Video]

Building for the Small Financial Institution with Ted Coy of Valiify (Behind the Vault Podcast #39)

In this episode of Behind the Vault, we look at the inside vs. outside innovation options with Ted Coy, founder of Valiify, a CUSO dedicated to serving smaller banks and credit unions. Ted’s journey from Alabama Credit Union to entrepreneurship offers a unique perspective on the challenges and opportunities in this often overlooked sector.

Key highlights from our discussion:
00:00 Innovative Solutions at Alabama Credit Union
03:42 Challenges and Opportunities in Credit Unions
06:53 Identifying the Key Problems around Digital Account Opening
10:27 The Birth of Valiify: From Idea to Execution
15:41 Navigating the Market: Funding and Growth
20:21 Valify’s Mission and Impact

This episode provides invaluable insights for anyone interested in fintech, credit unions, and the digital transformation of community financial services.

Watch to gain:
* Barriers to innovation for smaller financial institutions
* Approaches the “build vs. buy” dilemma for community FIs
* Strategies for competing with neobanks and fintechs on a limited budget
* The importance of a consultative approach in serving both small and large institutions

Links discussed:
* Valiify: https://www.valiify.com/?utm_campaign=behindthevaultpodcast
* Ted’s LinkedIn Profile: https://www.linkedin.com/in/ted-c-5b0305122/

http://behindthevaultpod.com

To apply to be a guest on Behind the Vault: http://behindthevaultpod.com/guest

Behind the Vault: Conversations with Customer-Driven Bankers, the podcast dedicated to empowering CEOs, Presidents, and CMOs in the community banking and credit union industry. In this digital era, your role as a leader in these financial institutions is more crucial than ever. Join us as we explore the stories, strategies, and successes of fellow industry leaders, providing you with actionable insights to drive your institution toward unparalleled success.

Watch/Read More