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Data Use Cases for Credit Unions: Chapter 1

Data Use Cases for Credit Unions is an on-going series showcasing real use cases of success that credit unions have had using data analytics to solve real-world problems. Data analytics was once the sole domain of giant tech companies. Amazon suggests, “If you bought that, you might like this.” Facebook’s algorithms determine your friend’s posts; […]

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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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4 Reasons for a Scalable Data Warehouse

How can your credit union meet the rapidly changing data requirements necessary for today’s economy? Scalable data warehouse architecture is vital for the Credit Union Movement.  It gives credit unions the ability to flexibly change and add data to their data warehouse (DW). With a constant flood of technological innovations and regulatory changes, credit unions are continually being […]

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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 buzzword 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 is […]

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The Cost of Building a Data Warehouse for an Analytics Platform

Credit unions can benefit significantly from collecting and storing information to leverage Big Data. The cost of building a data warehouse is one of the challenges of applying Big Data and Analytics. If you’re considering building a data warehouse for your credit union, it’s essential to know the costs and on-going upkeep involved. The benefits […]

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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 […]

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.