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Who Said That?
Florida's quote of the day
" If I can do everything online, I do it. There’s no value in driving somewhere to do it. "
Joe Brancucci, president and CEO of GTE Financial in Tampa, thinks back to the process-driven financial industry of 45 years ago.
That’s well before Internet banking existed. It was a time when transactions with a financial institution could only be made in person, inside the facility. Fast-forward to today, he says, and the industry hasn’t really changed too much, despite many attempts to move into a tech-driven world.
At GTE Financial, a credit union with about 240,000 members and $1.7 billion in assets, Brancucci is tired of waiting. His plan is to spark a change and make a complete shift to a technology-focused business plan. Now.
Read more at the Business Observer.