Why It’s Time To ’Harness’ Technology

Why It’s Time To ’Harness’ Technology
Posted: Jan 18, 2018
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Credit Unions will work together, through CUSOs, to aggregate data across multiple credit unions, sharing needs, sharing staff expertise, and sharing solutions.

“In 2018, we believe our member credit unions will be focused on growth strategies and remaining profitable” according to Tom Davis, President and CEO of Trellance. In a recent interview on CU Today, Tom stated that credit unions will be “concentrating on ways to generate and increase non-interest income, improve earnings, acquire new—primarily younger—members and decrease fraud.” Tom pointed out that while Trellance’s focus as we move into the new year will carry forward some of the same goals—such as card growth solutions, portfolio consulting and thought leadership— the CUSO will be taking on new roles which change the way it approaches and solves existing challenges. “One example is the use of data analytics,” Tom said. “We are changing our approach to not only provide the analysis and recommendations but to implement the appropriate solution and then provide follow-up to make the necessary tweaks as the credit unions’ staff see the power of using data and want to do more.”

Read the full article on CU Today.

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Shelly-Ann Wilson Henry

Shelly-Ann Wilson HenryShelly-Ann Wilson Henry

In her role as PR & Communications Manager, Shelly-Ann plays a critical role in the development, distribution and management of the content that supports Trellance’s thought leadership agenda.

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