News Archives

3 credit unions trends on big data

3 credit unions trends on big data

by: Paul Ablack On October 16, 2014 I attended an afternoon of presentations and discussions on Big Data with a focus on information and insights for capital markets professionals. The event was a joint live [...]

Mobile bankers equal happy customers

Mobile bankers equal happy customers

by: Brian Day A new study shows those who use mobile banking are among the most loyal and happy financial institution (FI) customers/members. As consumers become increasingly comfortable with and accustomed to mobile banking, [...]

Respect and engagement

Respect and engagement

by: Anthony Demangone Think back to when you were truly engaged on a project. Time flies. Creativity flows. Your engagement likely drove wonderful results. Here's a problem, though: Only 13 percent of employees are engaged [...]

CFPB issues proposed prepaid rule

CFPB issues proposed prepaid rule

by: Brian Godwin On the 13th of November the CFPB issued the prepaid account proposal that we had been expecting for a quite a while.  I thought it might be helpful to provide a very [...]

Living an “active digital lifestyle”

Living an “active digital lifestyle”

Why credit unions should transform their digital presence by: Evok Technology is transforming the way we live. It is changing the way people communicate, connect and discover. It’s turning the average consumer into an [...]

When small credit unions take on big BSA responsibilities

When small credit unions take on big BSA responsibilities

by: Henry Meier If you were sitting around the Thanksgiving table struggling to come up with things to be thankful for, then here’s one for you, after the fact:  be thankful you are not [...]

Spending psychology, big data style

Spending psychology, big data style

by: Brian Bogler There’s no doubt Big Data plays a key role in any financial institution’s (FI’s) ongoing battle to attract and keep customers. Understanding why individuals make the purchase decisions they [...]

60 days to a streamlined collections process

60 days to a streamlined collections process

by: Cyndy Stewart The process for collecting past-due loan accounts is extremely challenging for many financial institutions. It can be tedious because most institutions use a manual rather than an automated process, leading to low [...]

Credit unions and small business: their underdog story

Credit unions and small business: their underdog story

by: Austin Rigby Near the steps of the Philadelphia Museum of Art stands an iconic symbol, a statue, for Americans. This statue represents a man who would get hit over and over; sometimes he would [...]

The kids are alright

The kids are alright

Millennials are not saving, but holiday spending is up. by: Marc Rapport The holidays are here. It’s a cheery time, full of family and friends … and the gnashing of teeth about the spending and [...]

Reaching consumers through psychographics

Reaching consumers through psychographics

by: Mark Arnold Age. Income. Generation. Gender. Geographic location. You name it and marketers can segment it with many demographic tools. The reality is that all demographic and research tools are not created equally. While [...]