ST. PAUL, Minn.—The only way small credit unions can afford Big Data is through collaboration, according to the Minnesota CU Network, which has a new offering to help not-so-big cooperatives dig much deeper into their member information.
THE boost
ONTARIO, Calif.—Could marketing to Hispanics be one way to keep the auto loan portfolio growing as new car sales decline?
SEATTLE–Could Pokemon GO help credit unions add new members?
ONTARIO, Calif.—Yet another forecast suggests credit unions should begin looking for new ways to keep their auto lending portfolios growing.
ST. PETERSBURG, Fla.—Will credit unions soon need to be educating their members about the financial risk presented by their refrigerators?
One analyst says the answer is yes, citing the ever-expanding connectivity of the Internet of Things and the ever-expanding risk from hackers to new targets.
CHICAGO—More credit unions are turning to cloud-based IT platforms, but a roadblock to more conversions is the relationship between the CIO and the CEO, according to one systems provider.
LOMBARD, Ill.—Is the day coming when consumers will place the palm of their hand on a scanner before speaking with a teller?
LONDON—Will a new deal involving the contactless payment system used with London's mass transit network spur greater acceptance of contactless payments across the U.S.?
CHARLESTON, W.V.—A campaign themed “Numbers Speak Volumes” has achieved just that for both the credit union that ran the promotion and the members who took advantage of it.
BELFAST, Northern Ireland–Credit unions were urged to rethink their approach to branching, including how investments are allocated, how square footage isn’t the most important branch issue, and even how compensation is paid to employees.
