GoWest Credit Union Association MAXX Convention
GoWest Credit Union Association MAXX Convention
Spokane Convention Center & Davenport Grand, Spokane, WA
Representatives from Aunalytics to attend the 2023 MAXX Convention
Aunalytics is pleased to attend and sponsor the 2023 GoWest Credit Union League MAXX Convention. Aunalytics has developed the Daybreak™ for Financial Services solution which enables credit unions to more effectively identify and deliver new services and solutions by delivering AI insights to improve member engagement and increase deposits so they can better compete with large national banks.
2023 PACB Annual Convention
2023 Pennsylvania Association of Community Bankers (PACB) Annual Convention
The Westin Savannah Harbor Golf Resort & Spa, Savannah, GA
Aunalytics Is Proud to Attend the 2023 PACB Annual Convention
Aunalytics is excited to attend the 2023 Pennsylvania Association of Community Bankers (PACB) Annual Convention as a Beverage Break Sponsor. Representatives from Aunalytics will at at booth #9 demonstrating Daybreak™ for Financial Services, a cloud-native data platform which enables midsized banks to focus on critical business outcomes and make data-driven business decisions in order to compete with large financial institutions. In addition, Drew Conley, Daybreak Relationship Manager, will presenting a talk entitled, “How to Win Wallet Share while Cutting Costs in Operations” on Thursday, 9/21 from 4-4:50pm.
2023 Fiserv Signature Conference
2023 Fiserv Signature Conference
Disney's Yacht & Beach Club Resort, Lake Buena Vista, FL
Aunalytics Is Proud to Be a Platinum Sponsor and Speaker at the 2023 Fiserv Signature Conference
Aunalytics is proud to participate in the 2023 Fiserv Signature Conference as a Platinum Sponsor. Representatives from Aunalytics will be available at Booth 201 throughout the conference, and Ryan Wilson, VP Sales at Aunalytics, will presenting a breakout session entitled, “How to Win Wallet Share while Cutting Costs in Operations” at 9:45am on Wednesday, 9/20. In addition, Drew Conley, Daybreak Relationship Manager, will be presenting a product demo of Daybreak™ for Financial Services on Monday, 9/18 from 10:15 – 10:35am.
Daybreak enables community banks and credit unions to more effectively identify and deliver new services and solutions to their customers and members so they can increase wallet share and better compete with large national financial institutions.
Cornerstone League: ELEVATE Leadership Summit
2023 ELEVATE Credit Union Leadership Summit
OMNI Hotels & Resorts Oklahoma City, Oklahoma City, OK
Aunalytics Is Proud to Be a Silver Sponsor at the 2023 ELEVATE Leadership Conference
Aunalytics is excited to attend the Cornerstone League’s ELEVATE Leadership Summit. Aunalytics is participating as a Breakfast Sponsor and our team is excited to demonstrate Daybreak™ for Financial Services at exhibition booth #401. Daybreak enables credit unions to more effectively identify and deliver new services and solutions for their members so they can increase deposits and better compete with large national banks.
2023 IBA Security & Technology Conference
IBA Security & Technology Conference
Renaissance Indianapolis North Hotel, Carmel, IN
Aunalytics Is Proud to Be a Breakfast Sponsor at the 2023 IBA Security & Technology Conference
Aunalytics is excited to attend the Indiana Bankers Association Security & Technology Conference in Carmel, IN. Aunalytics is participating as a Breakfast Sponsor and our team is excited to connect with fellow IT professionals to discuss security and innovation in the technology field.
2023 CULytics Day
2023 CULytics Day
Aunalytics to showcase Daybreak at 2023 CULytics Day
Aunalytics is pleased to be a Gold Sponsor of 2023 CULytics Day, where we will be sharing information on how AI can be used to help credit unions discover insights in their data and gain a more complete view of their members. Aunalytics’ cloud-native data platform, Daybreak™ for Financial Services, enables users to focus on critical business outcomes. Daybreak seamlessly integrates and cleanses data for accuracy, ensures data governance, and employs AI and machine learning to glean intelligence from transactional data.
CBAO 49th Annual Convention
CBAO 49th Annual Convention
Glass City Center, Toledo, OH
Aunalytics Attending the CBAO 49th Annual Convention
Aunalytics is excited to exhibit at booth #519 during the 2023 Community Bankers of Ohio 49th Annual Convention in Toledo, OH. Representatives from Aunalytics will be educating attendees on how financial institutions can use AI-driven insights to improve customer engagement and increase wallet share. Event attendees can also learn more about the Daybreak™ for Financial Services solution which enables community banks to more effectively identify and deliver new services and solutions so they can better compete with large national banks.
Financial Institution Cyber Attacks Are on the Rise—Your Institution Is Not Immune
With recent uncertainty in the economy and bank closures hitting the news this year, you may be scrambling to find ways to increase deposits to protect your institution. But a larger, more urgent risk has always been lurking. With over half of financial institutions reporting cyber attacks in a single year, your organization may be next.
Nearly every day we learn of new horror stories from financial institutions who were the victims of elaborate attacks—in fact, 55% reported being a victim of a cyber-attack in a single year.
Bad actors are becoming more sophisticated in their methods. These prevalent attacks have high costs to your business uptime and productivity. A bad attack can also damage your reputation due to closure and data loss, while still costing your bank or credit union large sums of money to pay off ransoms—and you may not even get all of your data back.
Financial institutions hit by cyber-attacks pay, on average, $272,655 in ransom payments. And the average overall cost to remediate the ransomware attack in this sector is $1.59 million.
Do you know where your data lives?
Where you store your data matters, and your storage location may not be optimal for disaster recovery. Storing your backups locally, even if located at another of your facilities, may not protect your data from unknown risks.
In-house servers require large capital expenditures, and you miss out on economies of scale for regular upkeep and maintenance. Giant vendors may seem convenient, but you won’t know exactly where your data resides, and you lose control over the environment.
There’s a better way—Aunalytics backup and disaster recovery solutions can help you avoid losing data or paying large ransoms. We offer concierge solutions tailored to community banks and credit unions—helping you stay steps ahead of increasingly malicious attackers.
Backup and disaster recovery solutions enable the continuous operations of an organization during a disaster event, whether it involves a set of networks or servers, or when all primary IT services have become unavailable. Our solutions leverage the power of data, analytics, and Machine Learning. Disaster Recovery Services, coupled with a comprehensive backup and archival strategy, allow you to remain confident that you are prepared should your business encounter a disaster event.
Investment in Artificial Intelligence is Vital for Banks and Credit Unions
Has your bank or credit union made investments in artificial intelligence yet?
Advances in artificial intelligence (AI), and the promise it holds for the future, have been making news all year. And it’s no wonder that financial institutions are taking notice—a recent survey from the Economist Intelligence Unit found that 77% of bankers believe that unlocking value from AI will be the differentiator between winning and losing banks. Yet, many institutions are falling behind in AI maturity.
Despite its promise, making a large investment in artificial intelligence may seem risky to many midsized financial institutions. Hiring talent, developing a data management and analytics strategy, building a data platform, and creating AI models can be both time- and resource-intensive. Banks and credit unions want to ensure that the efforts spent to get an AI program off the ground will yield a high ROI, especially in times of economic uncertainty. Yet, failure to innovate and make progress toward digital transformation is not always an option in the highly competitive landscape.
Financial institutions find many uses for AI technologies
Thankfully, an investment in artificial intelligence can improve many processes across an institution. AI can optimize both time- and resource-intensive tasks, decrease risk, and increase revenue by improving the customer experience. For instance, by applying AI and machine learning algorithms to transactional data, banks and credit unions can gain insights into customers or members’ habits and preferences. Some use cases include:
- Detecting and preventing fraud
- Identifying loan default risk at the time of application
- Predicting customer churn
- Winning back business by discovering customer payments going to competitors, and subsequently making a more attractive offer
- Predicting the next best product for each customer then targeting them with the right product at the right time
- Calculating customer value scores in order to better allocate resources to target more valuable customers
Don’t get left behind
Large banks are already utilizing artificial intelligence use cases at scale. In a recent letter to shareholders, Jamie Dimon, Chief Executive Officer of JPMorgan Chase wrote, “Artificial intelligence (AI) is an extraordinary and groundbreaking technology. AI and the raw material that feeds it, data, will be critical to our company’s future success—the importance of implementing new technologies simply cannot be overstated.”
Because of this focus, his company has made tremendous investments in AI. They currently have over 300 AI use cases in production, and employ almost 3,000 people in data management, data science, and AI-research-related roles. This underscores how vital these new technologies are to success in the future.
Unfortunately, not every institution has access to talent and technology at the scale of JPMorgan Chase. That’s why Aunaytics has developed a cloud-based data and analytics platform to provide data management, advanced reporting, and predictive AI and machine learning solutions for midsized community banks and credit unions.
Daybreak for Financial Services allows institutions to learn more about their customers and members in order to provide a better overall experience—which in turn reduces risk, increases wallet share, and reduces expenses.
2023 IBA/OBL Annual Convention
2023 IBA/OBL Annual Convention
Fairmont Chicago - Millennium Park, Chicago, IL
Ryan Wilson of Aunalytics Speaking at 2023 IBA/OBL Annual Convention
Aunalytics is pleased to announce that Ryan Wilson, VP, Client Relationships at Aunalytics, was chosen to present at the 2023 IBA/OBL Annual Convention in Chicago, IL. His presentation is entitled, “How to Win Wallet Share while Cutting Costs in Operations”. This presentation will examine how financial institutions can use AI-driven insights to improve customer engagement and increase wallet share. He will also share how Aunalytics empowers banks through our Daybreak™ for Financial Services solution, which enables community banks to more effectively identify and deliver new services and solutions so they can better compete with large national banks.
