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Data “De-Identification”: The Stairway to Big Data Heaven

Credit union interest in Big Data is at an all-time high. The promise of predictive analytics and other Big Data opportunities will be a key part of helping the industry compete more effectively with traditional banks and fintech upstarts. However, where does the data for Big Data come from? The answer is simple: from the […]

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The Credit Union Data Analytics Journey: 4 Steps to Success

Data analytics is no longer available only to massive technology corporations and big banks. In fact, with access to enough data, even smaller credit unions can join the fun. With several data analytics platforms that are accessible and affordable, credit unions of nearly any size can start taking advantage of integrated access to data. Plus, […]

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Transactional Data: Big Data and the Rise of Payments

Today, there are very few that will deny the importance of data and analytical decision making. Big Data has been a buzz word for years but it has finally turned into a reality. Companies like Amazon and Uber dominate their industries with the use of data analytics. They, among many companies, have realized that data […]

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The Cost of Building a Data Warehouse for an Analytics Platform

Credit unions can benefit greatly from collecting and storing information to leverage Big Data. The cost of building a data warehouse can be steep, though. If you’re considering building a data warehouse for your credit union, it’s important to know what you’re getting yourself into. The benefits of building a data warehouse speak for themselves […]

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What is a Data Lake? – Part 1: Testing the Waters

Financial institutions all over are working to build effective data strategies and improve decision-making. With so many new technologies and innovations out there, it can get very difficult to keep up with the industry and even keep straight the buzzwords we hear throughout the day. In this piece, let’s dive in to better understand what […]

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6 Steps to Develop a Data-Driven Vision

As an industry in the middle of a massive shift, credit unions must steer in the best direction to enter a prosperous future. The Financial services industry has traditionally been an industry where change happens gradually at the direction of a few large institutions. Since the introduction of the internet in the 1990’s, finance has […]

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7 Challenges of Implementing a Big Data & Analytics Solution

Most credit union leaders are familiar with the concept of Big Data and business intelligence, but many fail to fully understand the significance they have on their credit union and its future. Big Data & Analytics can provide credit unions with the ability to make better decisions that positively affect member relationships and, ultimately, their […]

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The CCPA and GDPR: How These Emerging Privacy Laws Will Impact the Credit Union Industry: Part II

In the first part of this blog, we discussed technology regulation and updates regarding the legislation. With that covered, Part II will focus on what it means for your credit union and how you can prepare for the changes. How the CCPA Will Change the Competitive Landscape in the USThe CCPA won’t apply to all […]

Data Blog

You now have more information at hand about your credit union than ever before. But are you using it to “out-think” your rivals? If not, you may be missing out on a potent competitive tool.

This blog will:

  • Educate subscribers about data integration and Big Data and Analytics.
  • Provide tips and best practices.
  • Provide entertainment.
  • Share ideas and expertise.