Data management

Two of the credit union movement's biggest names are teaming up to help CUs better tackle big data.

The time is now for Congress to enact stricter data security standards that better protect credit unions and consumers.

The bank sees its global reach as an advantage in supporting evolving business customer needs.

Aggregate data from analytic and predictive modeling is helping State Employees' Credit Union improve delinquencies and other areas.

The online lender hires Ronnie Momen from GreenSky as its chief lending officer; aggregators back Capital One in dispute with Plaid; bank CEO who gave mortgage to Paul Manafort uses fire-and-hire maneuver to reap windfall at taxpayer expense; and more from this week's most-read stories.

A lack of standardization increases costs and complexity at each bank, opens the door to insecure solutions and hinders adoption by software developers that only have bandwidth to write to one or two open APIs, according to Steve Kirsch, CEO and founder of Token.

Credit unions know they need big data, but many aren't sure what to do with it.

It can be difficult for financial services companies to glean customer insights from the abundance of information they have.

A new survey reveals many credit unions aren't dedicating the resources they should to data analytics, which could put them at a disadvantage when the next recession hits.

In a survey, bankers conceded they may not be doing enough to avoid the mistakes social media giants made in the use of unverified data.