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OnApproach Launches Educational Podcast Focused On Analytics and Fintech Opportunities for Credit Unions

Posted by Mark Portz on Jan 3, 2019 11:03:00 AM

Minneapolis, MN (January 3, 2019) – OnApproach (www.onapproach.com), the only CUSO dedicated to credit union success through a collaborative analytics ecosystem, is excited to announce the launch of the CU App Store Presents podcast. The CU App Store Presents podcast is intended to further educate credit unions about the topics of big data, collaborative analytics, and opportunities to elevate credit union offerings with fintech partnerships.

The CU App Store was launched in June 2018 to bring credit unions, CUSOs, and industry vendors together to share the time and resource burden required to execute high value reporting and analytics. It is too often that credit unions must “re-invent the wheel” by building reports and dashboards that are similar across their peer groups. The CU App Store exists to eliminate these inefficiencies and help credit unions shift their time from report creation over to high value analysis of information. The CU App Store Presents podcast further carries out this mission by providing an additional educational resource and connecting credit unions even closer to fintech companies and analytic service providers.

There is substantial unrealized value for credit unions in financial technology partnerships. Members expect seamless and personalized experiences from their financial institutions like the daily experiences provided by digital leaders such as Amazon and Domino’s Pizza. Alone, credit unions do not have the resources of major banks, nor the specialization of the fintech companies, and therefore cannot compete on these experiences. With effective partnerships, however, credit unions have great opportunities to collaborate and make the best use of their resources. The CU App Store Presents podcast intends to help bridge the gap between credit unions and those fintech providers that are helping to transform the industry.

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Topics: CU App Store, Podcast, FinTech, Strategic Partnerships

Mixed Results for Future of Data Analytics in Credit Unions: 2018 Mid-Year Credit Union Data Analytics Survey Reveals Surprising Trends

Posted by Mark Portz on Nov 12, 2018 1:00:01 PM

Minneapolis, MN (November 12, 2018) – OnApproach and Best Innovation Group, Inc, an innovation catalyst and strategic consulting partner focused on strengthening and growing credit unions recently released the results of their semi-annual Data Analytics Survey. The results provide a state of the industry update regarding data analytics and adoption at credit unions. The survey is intended to help credit unions gain a deeper understanding of industry trends regarding data and digital strategies.

The original results of the 1st National Survey on Data Analytics and Decisioning Trends in the Credit Union Industry were published in early 2018 and the updated survey was open July and August of this year. A few key takeaways from the survey reveal that:

    • One-third of credit unions responding have holistically embraced data as strategically important.
    • One-third are moving forward slowly on a more departmental or project-by-project basis.
    • One-third do not view data as important to their business strategy.
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Topics: FinTech, Innovation

AXFI CONFERENCE TO HOST “KILLER FINTECH SPEED ROUNDS”

Posted by Mark Portz on May 25, 2017 12:13:00 PM

Minneapolis, MN (May 25, 2017) – The Analytics and Financial Innovation (AXFI) Conference, the premier educational event for financial service professionals serious about analytics and financial innovation, is proud to host the first ever “Killer Fintech Speed Rounds”.

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Topics: AXFI Conference, FinTech, Innovation

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