Data Analytics

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.

Mastercard has launched two separate initiatives that touch the health care market — blockchain for visibility in food systems and Mastercard Healthcare Solutions to detect fraud and bring efficiencies in health care organizations.

The bank has been deploying artificial intelligence in every business line, conducting research to find out what consumers think about the technology, and holding a roundtable with experts to define "responsible" AI.

Credit unions have traditionally struggled to access analytics due to limited resources but that is now beginning to change thanks to recent advances.

Changes in consumer behavior patterns will force banks to reassess the information they use to attract customers.

Data collection and analysis is more accessible than ever before, and credit unions must use this tool if they want to successfully compete.

New tech-focused programs for employees can help banks evolve from within.

Credit unions are slowly embracing the impact data analytics can have on the bottom line, but experts say goal-setting and measurable achievements must also be a part of the process.

The fast-growing data company, which says its mission is to help banks be better consumer advocates, will use its cash infusion for hiring, software development and new partnerships.

Most financial institutions can’t compete on pay, but there are other advantages they can offer, including agile development.

Credit union professionals offered insights into how technology is changing the collections process during the recent National Credit Union Collections Alliance conference in Las Vegas.

During the National Credit Union Collections Alliance conference, experts shared best practices on several topics, including navigating member bankruptcies and positioning auto loans for a downturn.

Getting the right product at the right time to the right member has become the mantra.

Institutions that fail to embrace AI, machine learning and data analytics could quickly find themselves losing ground to competitors.

AI can help reduce risk, make more loans and find ideal members for credit unions.

The lab works with more than 200 data scientists to create access to affordable credit and help financial firms match products to customers, the company says.

Credit unions are getting better at using data analytics to pitch loan refinancing options to members, though there are still some pitfalls with the strategy.

The companies have teamed up on a product to help banks, especially small ones, give customers more accurate insights into their own financial health.

OnApproach was launched in 2005, while Trellance was launched just two years ago as a division of CSCU