CU*Answers will help credit unions keep men and women apart in the latest iteration of its CU*BASE core processing system.

A tool known as the Gender Generator will be included in version 10. The new tool will help credit unions that use its relationship analysis and other data mining "Know Your Member" tools, the 165-customer tech CUSO said.

The Gender Generator updates a membership database by comparing it with a list of more than 11,000 names and, with an estimated 75% accuracy or better, decide what gender a member is who has a "gender-ambiguous name such as Chris or Pat," the CUSO said.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.