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Getting the Most Out of Your Decision Engine Technology

Getting the Most Out of Your Decision Engine Technology

May is an awkward month. It’s as if it is not sure exactly what it wants to be.  Some days in May are more like April; some are more like June.  Perhaps that is where we got the word “May”-be?  But, one thing that is certain about May is that it is the month of…

Leveraging Technology to Better Serve Members and Increase Loans

Leveraging Technology to Better Serve Members and Increase Loans

Credit unions can increase loan growth 27% by doing one simple thing; increase system decisions on loan applications.  In a recent study of credit union indirect application data from 2014, CU Direct was able to determine that auto-approved loan applications are 11% more likely to fund than applications approved manually.  When one considers that about…