Data use cases for credit unions – Part 1

first_imgData analytics was once the sole domain of giant tech companies – Amazon’s suggestions “If you bought that you might like this” or Facebook’s algorithms of which of your friend’s posts you most want to see on your timeline. With the proliferation of data across multiple systems, the increase in computing power at a decreasing price, and tools to extract and harness data, the science of data analytics is being increasingly used by credit unions to make better decisions. And it’s not just bigger credit unions that are introducing business intelligence through data analytics to their staff. Credit unions with under $500 million in assets realize that data analytics drive ROI, better member experiences, and increases in product penetration across their member base.Data Just For Data’s Sake – NOT!It’s important to keep in mind that no company, regardless of industry, invests in data analytics just for the technology. The cost of the tools, the hardware (or more common, the cost of cloud storage), investment in staff, such as business analysts and possibly a data scientist, and consulting services to help get started, can represent not just a significant up-front investment, but an on-going cost that must be justified. The justification sometimes comes in the form of use cases. The following paragraphs are use cases from credit unions showing the return on their investments. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

‘Ghana is behind you’ – Asiamah backs Isaac Dogboe to put Naverrete losses behind him with win tonight

first_imgGhana’s Sports Minister, Isaac Asiamah has extended his best wishes to boxer Isaac Dogboe, as he returns to the ring against Chris Avalos.Dogboe suffered two very high profile losses in his last two bouts to Emmanuel Navarrete, leading to a perhaps necessary short break from the sport.However, Dogboe returns to take on American, Avalos in a featherweight fight at the MGM Grand in Las Vegas.In a statement, the Minister wished Dogboe well ahead of the bout and said the boxer had learnt lessons from his losses to Navarrete and will return stronger against Avalos.“Even though Isaac Dogboe lost the last two fights against Emmanuel Navarrete, ‘the royal storm’ has shown a lot of tenacity to return to the ring for a featherweight title and has learnt all the lessons to overturn his defeat.”Isaac Asiamah assured Dogboe that Ghanaians were backing him to earn a win in the bout against Avalos.“Ghanaians are very confident that Dogboe will come out victorious in this encounter and make Ghana proud after the bout.”There’s a lot of pressure on Isaac Dogboe to beat Avalos tonight as, despite his impressive 20-0-2 record, he has lost his last two fights.A third straight loss might raise serious doubts about whether the young boxer can ever recover his form.Dogboe, who has been training with Barry Hunter expressed his confidence ahead of his fight.“Right now I feel great, I’ve been with Barry since December of last year,” said Dogboe.“He’s seen me go through the process and everything, and I feel great. I feel great mentally, physically and spiritually. So right now I’m at peace, I’m just ready to roll. I can’t wait to get back in the ring.”Chris Avalos (27-7, 20 KOs) vs. Isaac Dogboe (20-2, 14 KOs), 8 rounds.Here’s the full statement:last_img read more