The Credit Union Technology Forum 2024, hosted by League Data and CGI, was an incredible event that took place from October 1-3 in beautiful Québec City. With several credit unions and fintech vendor partners, the energy in the room was electric as everyone came together to explore what’s next for the industry. More than just a gathering, it was a celebration of collaboration, a core value we hold dear at League Data. We believe that when credit unions unite, they can build something far greater than they could ever achieve alone.
The forum created a space for credit union professionals, thought leaders, and innovators to connect on a deep level which sparked new partnerships, the exchanging of bold ideas, and the exploration and embracing of the latest tech innovations to shape the future. The atmosphere buzzed with the collective excitement of individuals driven by a shared mission: creating a brighter, more sustainable future for credit unions – experiencing growth, learning, and possibility.
"I am the type of person who thrives in purpose-driven environments that encourage collaboration, and creative solutions. This was the place to be checking all my boxes. The CUTF tapped into my creative mind by inspiring ways of reimagining both how we utilize technology to serve our members, and how we partner with Artificial Intelligence (AI) to bring our organizations into the future,” says Sara Maharajh, Engagement Manager at League Data."
“The quality of speakers was top grade, balanced by entertainment I have never seen before, and an abundance of networking opportunities. If you were there, you know. If you weren't there, you don't want to miss the next one,” adds Maharajh.
Day One: Energizing the journey
The first day kicked off with high-impact workshops led by League Data and CGI, focusing on the topics of digital transformation and collaborative succession planning. Attendees dove into dynamic sessions that sparked fresh thinking about leading change in financial services. The day was capped off by an exciting welcome reception and trade show that brought together everyone under one roof. The informative trade show provided a platform for participants to see the latest fintech products and services from leading companies.
A picture of the tradeshow floor at CUTF 2024.
Day Two: Inspiring talks by stellar speakers
The second day began with remarks from Robert Power of CGI and Chad Griffin, Interim CEO of League Data, setting the stage for an unforgettable experience. Then, a special moment unfolded: four-time Olympic Gold Medalist Dr. Hayley Wickenheiser took the stage for a powerful fire-side chat. Her words resonated through the main hall, as she reflected on the power of teamwork, resilience under pressure, and the drive to continually strive for excellence. Her stories transcended sport and medicine, resonating deeply with everyone in the room.
A panel discussion followed, urging credit unions to view open banking not as a threat but as the next logical step in their evolution. Attendees were captivated by the vision of industry leaders like Mike Elchuk, Chief Information Officer, Affinity Credit Union and Nolan Andres, Chief Technology and Innovation at Kindred Credit Union Who made it clear that the future is now-and it’s brimming with opportunity.
The day also featured a keynote from Dr. Radhika Dirks, whose exploration of the human implications of generative AI left many with a sense of awe and possibility. As she discussed how AI is reshaping the future, it was impossible not to feel a spark of excitement about the opportunities that lie ahead for the credit union sector.
“The keynote speakers' had great energy and overall, it was an amazing experience. Québec city was beautiful and I wished I had more time to explore,” says Linda House, Head of Customer Experience at League Data.
The evening was nothing short of magical. Held at the breathtaking Espace Saint-Grégoire, a venue that seamlessly blends history with modern elegance, attendees were treated to a spectacular night of gourmet food, enchanting music, and stunning Cirque-style aerial performances.
From left to right: Chad Griffin, Interim CEO of League Data; Alfred Arsenault, CEO at Provincial Credit Union & Chair of the Board, League Data; and Ken Shea, President & CEO at East Coast Credit Union.
Day Three: Looking into the future with a vision
The final day of the forum began with a thought-provoking keynote from James Taylor, who explored the rise of human-AI collaboration in a rapidly changing world. Taylor's insights on “Cyborgs, Centaurs, and The Rise of Human-AI Collaboration” left the audience inspired, encouraging leaders to embrace creative collaboration between humans and technology, and to boldly lead their organizations into the future.
To close out the event, endurance athlete Sébastien Sasseville took the stage with a message of perseverance, adaptability, and thriving in the face of change. His journey across Mount Everest and the Sahara Desert, as well as his experience conquering the toughest ultra-cycling event in the world, became metaphors for the challenges credit unions face today. Sasseville’s story was a motivational call for all attendees, urging them to rise to the occasion and meet challenges with resilience, grit, and optimism.
A 'boots on the ground' view of CUTF 2024
As the newest member of the League Data Communications Team, the 2024 Credit Union Technology Forum was the first time I attended the event, while being involved in the execution and marketing of the event. Reflecting on my personal experiences at the CUTF, I found it to be more than just a conference; it was a platform for awakening ideas and connections that expanded my understanding of the challenges and opportunities within the credit union sector. The powerful combination of discussions focused on trending topics like the future of AI, inspiring speakers, and meaningful networking made it an experience like no other.
Planning and execution of CUTF was an incredibly rewarding experience for me. Being at the heart of this dynamic event gave me the opportunity to witness the passion of credit unions working towards providing an exceptional service to its members. From drafting creative emails for the delegates, to being at the forefront at the information desk, every moment was filled with purpose and energy. The venue was welcoming and spacious, conveniently located at the heart of Québec City. The conference opened with a violin performance by an artist, a unique and uncommon touch that you don't often experience at such events. Moreover, the venue chosen for the offsite event was unique and gave the feel of actual old Québec City, immersing the attendees in the rich history and charm of the city.
The most rewarding aspect was realizing that our efforts played a crucial role in building relationships, sparking new ideas, and driving the collective growth of the credit union industry. CUTF showcased an enriching spirit of community and camaraderie that brought like-minded professionals together to delve upon a common vision of preparing the credit unions for the future by equipping them with cutting edge technology.
- Bhanvi Arora
Communications Specialist, League Data Ltd.