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Three Factors for Success with Credit Union Data Analytics

The credit union industry looks very different now than it did twenty years ago. Just think about what credit unions will look like twenty years from now. Where does the journey for the next twenty years start? Twenty years ago, it would have been hard to imagine remote deposit capture, peer-to-peer payments, or even mobile […]

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6 Steps to Develop Member-Centric Models

The internet continues to send waves throughout a once calm financial services industry. Historically, credit unions served members who regularly visited a local branch. Getting to know individual members was the norm. The “good old days” (as those who are uncomfortable with change might see them) are over. Digital banking channels and innovative business systems […]

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Data Use Cases for Credit Unions: Chapter 1

Data Use Cases is an ongoing 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’s suggestions “If you bought that you might like this”; Facebook’s algorithms that determine which of your […]

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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

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 bombarded by new data requirements. Regulators, business executives, IT and other stakeholders […]

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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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Building a Foundation

Data insights start, naturally, with data. Get the data wrong, and your insights will be wrong. Who wants to take business actions on insights based on bad data? The real problem is when you’re acting on data insights that you don’t know are based on bad data. You need to prevent that from happening because […]

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.