Optimizing Interchange Income: Data-driven strategies for credit unions

October 8, 2024

A free webinar brought to you by CUNA Strategic Services and Arkatechture.

In an increasingly data-centric world, credit unions need actionable insights to drive growth and efficiency. This webinar focuses on how credit unions can leverage data analytics to optimize their interchange income while improving member experiences and operational processes. Through detailed discussions and real-world examples, participants will learn how to consolidate disparate data sources into a unified view, enabling credit unions to make better decisions in areas like transaction fees, member behavior, and card usage patterns.

Attendees will also discover best practices for creating real-time dashboards that track key metrics such as interchange income trends, transaction volume, and member engagement. By embracing predictive analytics and advanced data modeling, credit unions can not only boost their interchange income but also enhance service offerings, minimize risks, and stay ahead of industry trends.

Key takeaways:

• The role of data analytics in optimizing interchange income: Learn how to monitor and improve transaction fees, card usage, and member behavior.
• Consolidating member and transactional data: Best practices for combining data sources to create a single, actionable view.
• Real-time insights into interchange income: Understand how dashboards can help track daily and monthly trends for improved revenue.
• Case studies of successful credit unions: Learn from institutions that have used data analytics to enhance interchange income and overall operations.

About Arkatechture

Arkatechture is a technology company and CUSO dedicated to empowering credit unions with a better understanding of their members and organization through data. We are a team of data lovers and technical experts who use our skills to help organizations of all sizes harness, utilize, and optimize their data.