Apple has made a tremendously successful company off of one thing… Is it the iPhone, iPad, iPod, or Mac series? No. What makes Apple so powerful and successful is not its products, but rather the ecosystem it’s created through its standard operating system, the iOS. An operating system or “platform” that enables its users to connect with the rest of its users as a community and its developers. With this common platform, all users are on a level playing field with a similar access to all “apps” and services that have been created on the platform – rather than each user building everything themselves.
Credit unions are awash in data, but until recently there were few options for leveraging this data for better decision making. That has changed with the emergence of two major innovations.
In the sixth and final Data Analytics Series BIGcast, That’s a Wrap, John Best speaks with Paul Ablack, OnApproach CEO, about key themes and trends we are experiencing in the credit union industry, and how credit unions can get started with data and analytics.