What Is ‘Technical Debt,’ and How Can Credit Unions Overcome It?

By Michael Carter

Considerations for your own shop and your relationships with vendors, including fintechs

What exactly is technical debt and why is it important that it be addressed? In this video, Michael Carter, EVP at SRM Corp., Memphis, an independent advisory firm for financial institutions, explains why credit unions should be aware of technical debt and gives practical advice on how to remediate it.

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