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.
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 revised supervisory approach to interest rate risk is covered in a recent Letter to Credit Unions (16-CU-08). The new standardized approach is designed to increase focus and resources toward higher risk credit unions.
CUNA’s Strategic Communications Department teamed up with The Wall Street Journal this week on an infographic illustrating the differences between credit unions and banks. The graphic ran in print today, on International Credit Union Day.