Making delivery systems both serve members well and be truly efficient requires credit unions to have several factors in place. One of these, according to
In 1956, Bill Fair and Earl Isaac founded FICO. The premise of FICO was that data could be used to improve business decisions. In 1981, FICO introduced
Financial institutions (FIs) collect large amounts of data that often go unmined. When extracted, however, this golden information can be used to predict
This is the third of the 12-part series on our blog highlighting the 12 major development issues. In case you missed it, last month we discussed savings
The pace of technological transformation has enabled a seemingly unlimited profusion of new business models to emerge in every industry. Most often, they
After years of trying to clean up their public image, banks are still charging higher fees than credit unions. According to a report from Bankrate, the