SALT LAKE CITY (4/7/16)--Consider this: Facebook is a $236 billion company, and it offers no original content. The rental website AirBnB is capitalized at $10 billion and doesn’t own an inch of real estate. Uber is worth $40 billion and doesn’t own a single vehicle.
SALT LAKE CITY (4/6/16)--The age of data analytics has raised the bar for credit unions, whose members expect a celebrity-like experience, explained Peter Nohelty, chief technology officer, Royal CU, Eau Claire, Wis., during his presentation at the 2016 CUNA Data Analytics Roundtable.
SALT LAKE CITY (4/6/16)--Ben Morales, chief information officer of WSECU, Olympia, Wash., shared his credit union’s experiences in developing business data analytics capability during the 2016 CUNA Data Analytics Roundtable in Salt Lake City Tuesday.
SALT LAKE CITY (4/5/16)--John Best, president/CEO of Best Innovation Group, likened the data analytics space to the “Wild West” during the 2016 CUNA Data Analytics Roundtable, held through today in Salt Lake City. And credit unions must adopt some of the same traits that helped the pioneers settle and tame the Wild West, Best said.
SALT LAKE CITY (4/5/16)--If credit unions are to position themselves as disruptors in the data analytics space, it will take a collaborative effort, two experts advised at Monday’s 2016 CUNA Data Analytics Roundtable in Salt Lake City.
With CUNA’s Bank Secrecy Act Conference, hosted in conjunction with the National Association of State Credit Union Supervisors, coming up next month, CUNA’s compliance staff went into detail of the NCUA’s BSA compliance program in a recent CompBlog entry.
President Barack Obama sent greetings Thursday to those celebrating International Credit Union Day. CUNA worked closely with the White House on the statement, and a number of credit union-friendly legislators also weighed in with the White House.
The NCUA’s Tuesday announcement that it will repay the U.S. Treasury in full is a good sign for credit unions, said CUNA Chief Policy Officer Bill Hampel. The agency will repay the $1 billion outstanding balance before Oct. 31.