Dinosaurs were once the most powerful creatures that dominated the earth.
Until a mass extinction event disrupted and wiped them out.

Apple calls it spatial computing.

Facebook calls it the metaverse.

I call it disruption in the traditional way banking will be done.

Mergers and bank acquisitions will not answer the call to the changes in the technological landscape.

According to Microsoft, 52% of Millennials and 48% of Gen Zs envision working in the metaverse by the end of 2024 (see Microsoft – Great Expectations Making Hybrid Work Work).

Credit unions must learn from the mistakes of Blockbuster, Eastman Kodak, and Border Books who failed to pivot and innovate.

Credit unions must partner with fintech companies to develop apps for spatial banking and/or metabanking.

Today, dinosaurs are only found in museums.

Tomorrow, even museums will become virtual.