Newsroom

Department of Commerce Federal Credit Union Partners with OnApproach to Integrate and Optimize Data

Posted by Mark Portz on Mar 1, 2018 11:05:00 AM

Minneapolis, MN (March 1, 2018) – OnApproach (www.onapproach.com), the leading provider of data/analytics solutions for credit unions, is excited to announce Department of Commerce Federal Credit Union (Washington, DC) is the latest to join the collaborative Credit Union Data Integration and Analytics Ecosystem after signing an agreement to implement OnApproach M360 Enterprise.

“The Department of Commerce Federal Credit Union is excited to be partnering with OnApproach for our data analytics needs. We will use data analytics right away for three needs.” stated Evan Clark, CEO, Department of Commerce Federal Credit Union. “First, data analytics will assist us in on boarding new members and ensuring that they are taking full advantage of all of our products and services. Secondly, we will be able to identify opportunities for lending to members not readily apparent without data analytics and optimization. And finally, data analytics will assist the credit union in identifying savings, borrowing and spending patterns of our members. This will enable us to design products and promotions created for maximum appeal to our members.”

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Topics: New Client

Allied Solutions Makes Strategic Investment in Collaborative Analytics CUSO, OnApproach

Posted by Mark Portz on Feb 22, 2018 12:02:00 PM

Minneapolis, MN (February 22, 2018) – OnApproach (www.onapproach.com), the leading provider of data/analytics solutions for credit unions, is excited to announce Allied Solutions, one of the largest providers of insurance, lending, and marketing products to financial institutions, has made a strategic investment in OnApproach, a credit union service organization (CUSO).

“While there is much discussion in the industry and the media about Big Data, analytics, and intelligence, it really comes down to how credit unions can leverage their vast data to better serve their members and more effectively manage their organization.  We are excited about the market interest and traction OnApproach is achieving and proud to be a part of the innovative model OnApproach is championing with credit union investors and customers alike.  Customers using the OnApproach platform are producing real bottom line results which aligns with Allied Solutions’ mission to help our clients be successful. With this investment in OnApproach, Allied Solutions can deliver truly collaborative analytics to the credit union movement to help organizations more easily and cost effectively make sense of all their data, share best practices, and obtain insights never available to them before,” stated Pete Hilger, CEO, Allied Solutions.

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Topics: Big Data Investment, Strategic Partnerships

OnApproach and Best Innovation Group Publish Results of 1st National Survey on Data Analytic and Decisioning Trends in the Credit Union Industry

Posted by Mark Portz on Feb 15, 2018 11:08:00 AM

Minneapolis, MN (February 15, 2018) – OnApproach (http://www.onapproach.com/), the leading provider of big data and analytics solutions for credit unions, is pleased to announce that it has partnered with Best Innovation Group (BIG), a strategic consulting partner to the industry, to conduct an extensive data analytics and strategy survey for the credit union industry.

The survey is intended to help credit unions gain a deeper understanding of industry trends regarding data and digital strategies. With responses from 85 credit unions and questions covering topics ranging from analytics budgets to strategies and timelines, the survey provides a comprehensive look at the state of analytics across credit unions. Looking forward, the survey will be conducted and published semi-annually to help credit unions benchmark and trend industry progress.  

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Topics: Credit Unions, Big Data & Analytics, Digital Transformation

2018 AXFI Conference Announces First Ever Digital Transformation Showcase Competition

Posted by Mark Portz on Jan 22, 2018 12:02:00 PM

Minneapolis, MN (January 22, 2018) – The Analytics and Financial Innovation (AXFI) Conference (http://www.axficonference.com/), the premier educational event for financial services professionals serious about analytics and financial innovation, is proud to announce the first ever Digital Transformation Showcase to take place at the 2018 AXFI Conference.

Previously known as the Credit Union Industry Analytics Best Practices Competition, the Digital Transformation Showcase will again provide an opportunity for credit unions to demonstrate their successful practices and compete against their peers before a panel of judges. While the preexisting version of this competition solely regarded analytics best practices, the Digital Transformation Showcase will now highlight impressive credit unions making strides in both analytics and innovation.

The top six (6) credit unions will be selected to present in the Digital Transformation Showcase: three for their analytics work products, and three additional credit unions for their demonstrations of innovation in action. Each finalist will have the opportunity to pitch their work product/innovation in a 15-minute presentation at the 5th Annual Analytics and Financial Innovation Conference in Minneapolis, MN on Tuesday, June 12, 2018.

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Topics: AXFI Conference, Digital Transformation

TDECU Invests in Data Analytics CUSO, OnApproach

Posted by Mark Portz on Jan 11, 2018 12:05:00 PM

Minneapolis, MN (January 11, 2018) – OnApproach (www.onapproach.com), the leading provider of data/analytics solutions for credit unions, is excited to announce TDECU (asset size: $3.13 Billion, core processor: Fiserv - DNA) of Lake Jackson, TX has invested in OnApproach, a Credit Union Service Organization (CUSO). In addition to investing, TDECU had also selected OnApproach as its Big Data/Analytics provider in November 2017.

Courtland Crouchet, SVP – Chief Retail Officer, TDECU, stated, “We are excited to support OnApproach’s vision for advancing the impact of the credit union movement. It is vital for the entire credit union industry to realize the importance of building and executing an effective data strategy. OnApproach makes it possible for all credit unions to collaborate while leveraging the power of their own data, but without the traditionally high costs of analytics, and we are proud to be a part of this mission.”

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Pen Air Federal Credit Union Invests in Data Analytics CUSO, OnApproach

Posted by Mark Portz on Jan 4, 2018 11:02:00 AM

Minneapolis, MN (January 4, 2018) – OnApproach (www.onapproach.com), the leading provider of Big Data and Analytics for credit unions, is excited to announce Pen Air Federal Credit Union (asset size: $1.39 Billion, core processor: Symitar Episys) of Pensacola, FL has invested in OnApproach, a Credit Union Service Organization (CUSO). In addition to investing, Pen Air Federal Credit Union had also selected OnApproach as its Big Data/Analytics provider in October, 2017.

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Topics: Big Data Investment

OnApproach and Best Innovation Group Partner to Provide Educational Podcast Series Focused on Credit Union Analytics Success Stories

Posted by Mark Portz on Dec 19, 2017 12:02:00 PM

Minneapolis, MN (December 19, 2017) – OnApproach (http://www.onapproach.com/), the leading provider of big data and analytics solutions for credit unions, is pleased to announce that it has partnered with Best Innovation Group (BIG) to provide a podcast series focused on credit union analytics successes.

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Topics: Podcast, BIGcast

Allied Solutions Advances Analytics for the Credit Union Movement by Partnering with Analytics CUSO, OnApproach

Posted by Mark Portz on Dec 12, 2017 11:12:00 AM

Minneapolis, MN (December 12, 2017) – OnApproach (www.onapproach.com), the leading provider of data/analytics solutions for credit unions, is excited to announce it has entered a strategic partnership with Allied Solutions, one of the largest providers of insurance, lending, and marketing products to financial institutions. This strategic partnership will dramatically increase market access to OnApproach’s M360 Platform and make collaborative analytics and digital transformation a reality for the credit union industry.

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Topics: Strategic Partnerships

TDECU Partners with OnApproach to Integrate and Optimize Data

Posted by Mark Portz on Dec 7, 2017 12:05:00 PM

Minneapolis, MN (December 7, 2017) – OnApproach (www.onapproach.com), the leading provider of data/analytics solutions for credit unions, is excited to announce TDECU (Lake Jackson, TX) is the latest to join the collaborative Credit Union Data Integration and Analytics Platform after signing an agreement to implement the OnApproach M360 Enterprise.

“At TDECU, we delight in providing exceptional service to each of our Members.  And, we believe that exceptional service starts by applying useful insights about each Member to uncover their individual, unique needs.   So, we’re always thrilled to leverage new sources of data and better techniques for transforming data that will help TDECU to guide each Member to the financial solutions best for them.  We find that by starting with deep insights about individual Member needs, we can add the expertise of our employees and access to our wide variety of financial solutions to produce a very powerful, personalized experience for all Members,” stated Courtland Crouchet, SVP - Chief Retail Officer, TDECU.

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Topics: New Client

OnApproach Partners with Argus to Provide Credit Unions a Comprehensive CECL Solution

Posted by Mark Portz on Nov 30, 2017 12:16:10 PM

Minneapolis, MN (November 30, 2017) – OnApproach (www.onapproach.com), the leading provider of data/analytics solutions for credit unions, is excited to announce that it has entered into a strategic partnership with Argus, a leading provider of intelligence, decision support solutions, and advisory services to financial institutions across the globe, to improve access to a comprehensive CECL solution for credit unions.

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Topics: Shared Applications, Strategic Partnerships, CECL, CU Analytics Platform