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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 Announces the Winners of the 2018 AXFI Digital Transformation Showcase

Posted by Mark Portz on Jul 12, 2018 11:08:39 AM

Minneapolis, MN (July 12, 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 excited to announce the winners of the first ever AXFI Digital Transformation Showcase, hosted at the 2018 AXFI Conference.

The Digital Transformation Showcase provides a constructive forum for credit unions to share analytics practices and innovative ideas, so the entire industry can benefit from the collaborative efforts across the credit union movement. At the 2018 Analytics and Financial Innovation Conference, six finalists were selected to present their successes in the Digital Transformation Showcase; three credit unions for their analytics work products, and three other participants for their demonstrations of innovation in action. The criteria for selecting the winner in both categories included:

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Topics: AXFI Conference, Innovation, Digital, Data Analytics

AXFI Conference Announces 2018 Keynote Speaker Lineup

Posted by Mark Portz on May 17, 2018 11:02:00 AM

Minneapolis, MN (May 17, 2018) – The Analytics and Financial Innovation (AXFI) Conference Team is excited to announce the lineup of keynote speakers to present at the 5th Annual (AXFI) Conference.

The 2018 AXFI Conference, taking place June 10-13 in Minneapolis, MN, is set to provide the premier forum for credit union analytics, innovation, and now cybersecurity. The 2018 Conference will place a greater emphasis than ever on not only discussing new ideas, but also providing workshops and hands-on learning opportunities in each track so attendees can bring legitimate takeaways and new skills back to their credit unions. 

To continue the strong tradition of the Analytics and Financial Innovation Conference, the organizers have arranged an impressive lineup of keynote speakers for the 2018 AXFI Conference consisting of:

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Topics: AXFI Conference, Innovation, Security, Data Analytics

OnApproach Wins 2018 NACUSO New CUSO of the Year Award

Posted by Mark Portz on Apr 26, 2018 12:05:00 PM

Minneapolis, MN (April 26, 2018) – OnApproach (http://www.onapproach.com/), the leading provider of big data and analytics solutions for credit unions, has been recognized as the 2018 New Credit Union Service Organization (CUSO) of the Year at the 2018 NACUSO Network Conference.

The New CUSO of the Year award is presented annually to CUSOs of five years and younger in “Recognition of Excellence and Innovation in the use of the Collaborative Model”. The award is judged on criteria including Thought Leadership and Critical Thinking, Value Created through use of Collaboration, Innovation in Organization Design, Implementation and Execution, and Results, Outcomes and Performance.

NACUSO’s core purpose is, “To be the catalyst for instituting collaboration, innovation, and the reinvention of the Credit Union industry.” To empower credit unions with the opportunity to innovate and collaborate for robust analytics, OnApproach has developed a standardized data platform and analytics ecosystem for the credit union industry. With this technology, credit unions can finally leverage all available data while significantly reducing the time and cost of traditional data warehousing techniques.

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Topics: CUSO, Collaboration, Innovation

2018 Analytics and Financial Innovation (AXFI) Conference Registration Now Open

Posted by Mark Portz on Oct 12, 2017 12:27:00 PM

Minneapolis, MN (October 12, 2017) – The Analytics and Financial Innovation (AXFI) Conference (www.axficonference.com), set to take place June 10-13, 2018 in Minneapolis, Minnesota, is the premier educational event for financial service professionals serious about analytics and innovation in the industry. The conference, co-hosted by OnApproach and Best Innovation Group, will bring credit union leaders and industry experts together in an educational forum to discuss analytics, innovation, cyber security, and the collaborative future of the credit union movement.

Register Now for the 2018 AXFI Conference June 10-13 Minneapolis, Minnesota

The 2018 Analytics and Financial Innovation Conference will focus on providing education and insight into data and analytics trends impacting credit unions, and what steps credit unions can take now to best position themselves to compete in the rapidly changing financial services industry. The sessions and speakers are selected to help provide credit unions with actionable takeaways to improve decision-making and progress the credit union movement as a whole. Now featuring three tracks: Analytics, Innovation, and Cyber Security, the AXFI Conference is designed to provide credit union professionals of all levels with tangible insights, foster actionable ideas to improve analytics, and spark innovation throughout the credit union movement.

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Topics: AXFI Conference, Innovation, Data Analytics

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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