Analytics

At the recent Analytics and Financial Innovation Summit in Minneapolis, attendees weighed in on whether credit unions have have what it takes to effectively dig into big data -- and, if they don't have it, what will it take to get it?

At the Analytics and Financial Innovation conference, two credit union consultants offered tips on how credit unions can achieve greater buy-in for implementing data analytics.

Hoping to convince e-commerce merchants to let Facebook target offers to customers, the social media giant is placing a strong emphasis on “dynamic ads” that include payment buttons.

Merchants increasingly sing the praises of analyzing customer payment data to learn more about spending habits and deliver customized offers through mobile devices. American Express is kicking off a project to do the same with corporate travel data.

In a partnership designed to protect online customers from attacks, digital security providers ThreatMetrix and Gemalto will provide holistic authentication options to an array of financial services providers.

The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.

The bank uses machine learning to customize content in real time on its website for every user, based on their behavior during their session.

Payments and financial services technology are still stuck in yesteryear, chained to paper and dangerously prone to fraud, according to Matt Streisfeld, a principal at Oak HC/FT.

Data and analytics tools can help banks and credit unions detect financial patterns that may indicate that human trafficking is occurring.

Data and analytics tools can help banks detect financial patterns that may indicate that human trafficking is occurring.