VP, Product Development, Envisant
Doug Williams is VP of Product Development and Strategy for Envisant. He brings 20 years of experience in the area of financial services with a broad background that includes commercial credit analysis, consumer lending, executive leadership, as well as developing and formulating strategic plans. In his current role at Envisant, Doug is responsible for identifying, evaluating, and implementing new products and services across business units.
The emergence of fintech has radically transformed the entire financial services landscape. Credit unions are at a pivotal moment of needing to understand how fintechs and credit unions compete, and complement, one another, when it comes to meeting the needs of consumers.
The “digital renaissance” is here, and credit unions have a chance to help shape the future of financial services. Credit unions need to embrace a digital first mindset and focus on pathways that will help them provide the experiences their members, and future members, do and will expect.
“Seek out strategic alliances; they are essential to growth and provide resistance to bigger competition.” – Richard Branson. Organizations who want to thrive well into the future fully understand and embrace the impact of strategic partnerships which are now a distinct competitive advantage. Understanding the credit union, and financial services, ecosystem, allows certain institutions to gain the upper hand on their competition.
