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How Top-Performing CUs Innovate With Data Analytics

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For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. percent of CUs that did not focus on data analytics. For example, 91.7 Meanwhile, 80.6

Analytics 150
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Deep Dive: The Power Of Data Analytics And AI For QSRs In A Complex Ordering Environment

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Harnessing consumers’ digital information is critical to the success of any business, and data analytics and artificial intelligence (AI) can be especially powerful tools. Fast-food giant McDonald’s was not interested in using AI or data analytics until it noticed that many of its competitors were benefiting from the technologies.

Analytics 273
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FinCEN Announces New Digital Innovation Officer/Deputy Director

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The Financial Crimes Enforcement Network (FinCEN) has announced Michael Mosier as its new digital innovation officer and deputy director. As Deputy Director, Mr. Mosier oversees FinCEN’s wide-ranging work to protect the financial integrity and national security of the United States,” the release states.

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Genpact On The Analytics Innovations That Can Help Companies Grapple With Pandemic-Driven Changes

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This sea change in the capital automation industry brought about a range of headaches for accounting staff, Stein said, but the industry has worked to reduce these issues through data analytics. Partnerships with third parties are a key facet of making these analytical models possible and actionable. We need a cash forecasting tool.’”.

Analytics 130
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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

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Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

Analytics 266
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REPORT: Payment Tech Tops FIs’ Innovation Agendas

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However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.

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How One Nevada Credit Union Secures Its Self-Service Innovations

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One recent collaboration came from Texas-based Randolph-Brooks Federal Credit Union (RBFCU), which partnered with Fiserv’s subsidiary Raddon to integrate the FinTech’s Predictive Analytics solution. This makes data security of utmost importance to CUs, but even attacks on unrelated third parties can be devastating to CU members.

Nevada 192