Credit Unions Are Way Behind The Curve On Data Analytics: Report
How far behind are credit unions when it comes to data analytics and digital transformation?
According to a recent study from Best Innovation Group and OnApproach, 45 percent of credit unions don’t currently have a strategy in place, and those that do have a strategy still say it will take three to five years to implement.
A Credit Union’s Biggest Cultural Challenge: Its Smart Use Of Data
Many credit unions are successfully building the fundamental skills and infrastructure they need to utilize data more effectively. They’re aggressively investing in analytic tools, staff skills, and warehouses, but less so in the newer tools of decisioning, fraud, and predictive machine learning and AI technologies.
How To Drive Results From Your Credit Union Data Analytics
So, you finally have data. Now what? In this episode, John will help you identify your credit union data analytics strategy and build a data driven culture your organization needs to succeed in a digitally focused future.