Mike Valentine

Mike Valentine

President and CEO

Mike Valentine, president and CEO, BCU, shares his views on modern partnerships for the benefit of all involved...

Mike Valentine has been doing business for decades, but only recently is he witnessing a Copernican shift in the partner and vendor relationship. Going beyond the linear working relationship to what Valentine calls a "true partner" is becoming not only the new normal but the best way to derive more value, create better member service, and collaboratively innovate. 

"Perhaps the most astonishing thing I've witnessed recently in my career is how willing we are to partner with FinTech companies," Valentine says. "More than partnership, we're even willing to invest. If you would have approached me in the '80s and '90s to invest a million dollars in a FinTech, I'd have said, 'No thanks.'”

“But now, we're interested in solidifying the partnership, building it together, and letting other businesses get involved. In the financial industry and our credit union space, it's becoming quite prevalent. Companies are beginning to work more collaboratively.” 

“This year, we began working with Breach Clarity, a company providing identity protection services that help us monitor and locate data breaches or attempts made at identity theft.” 

“It's FinTech companies and other partners like these that we want to invest in and help. It's exciting to see us all coming together from a partner or vendor position, working in true partnership to attain a mutually beneficial relationship. It's exciting to see our partnerships strengthened as we work together to succeed in this environment.”

Read the full article HERE 

Share
Share
Author

Featured Interviews

Featured

Sam Adams

Executive Director, Private to Public Strategy, Morgan Stanley at Work

As the Executive Director, Private to Public Strategy, for Morgan Stanley at Work, Sam Adams is passionate about managing IPO and private equity paths f

Read More

Wojciech Lacz

Chief Information Officer at AccorInvest

Spearheaded by Group Chief Information Officer Wojciech Lacz, a digital transformation has taken place at AccorInvest, and the entire company is in on it

Read More
“The digitisation of the company is core to it taking care of its people.”
Wojciech Lacz
Chief Information Officer at AccorInvest

Scott Sanborn

CEO of LendingClub

LendingClub is disrupting the customer experience through its innovative digital marketplace bank, says CEO, Scott Sanborn

Read More

Steven Meek

CIO of Pepper Money

Pepper Money's rise over the last 22 years is underpinned by its partnership with low-code platform Appian, plus its adoption of automation technologies

Read More

Varun Krishnan

Managing Director for FinTech

Vodafone’s Varun Krishnan reflects on his time at the company and shares his excitement to be part of the company’s journey in the FinTech space

Read More

Sam Adams

Executive Director, Private to Public Strategy, Morgan Stanley at Work

As the Executive Director, Private to Public Strategy, for Morgan Stanley at Work, Sam Adams is passionate about managing IPO and private equity paths f

Read More