EMERGING TECHNOLOGY IN BANKING

Alexa Could Become Your Future Bank Teller

Enrichment Federal Credit Union has become the first credit union to roll out a new technology that allows members to manage their accounts, transfer money, make loan payments and access balances and history by using the Amazon Alexa home device.

Alexa is Amazon’s voice-activated digital device that people use in their homes for various “skills” such as ordering goods online, playing music, making lists and much more. Development with Alexa is growing each day and it is predicted that it won’t be long before other credit unions and banks follow suit.

Land of Lincoln Credit Union is already taking the lead in embracing this technology in Decatur, recently  becoming the sole sponsor of bringing the local radio station, 95Q (95.1 FM) to Decatur listeners via their home Alexa device. By positioning LLCU as a leader in this technology, we hope to help our membership embrace this coming technology as well.