Credit Unions Not Unleashing the Power of Technology
A new report from the Filene Research Institute entitled, The State of Data Technology in Credit Unions: The Sink-or-Swim Crossroad Ahead, warns that credit unions are not unleashing the full power of technology and as a result have not allowed technology to transform the way they do business. The paper identifies a number of opportunities that credit unions should be taking advantage of from the use of actionable data and member scorecards to the use of predictive analytics, multichannel relationship management, and simpler banking enterprise ecosystems. [2/18/16]