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Man working on a full wall of data Source: Shutterstock

We’ve all undoubtedly heard the call and read the articles about the, in no uncertain terms, dire need for data governance, but rarely does anyone address “why,” so let’s start there. The banks, fintech disruptors and even the credit union across town with its recently expanded charter are all putting pressure on your credit union – pressure to increase dividends and service quality, while at the same time cutting interest rates and expenses, and pressure to improve product offerings to better meet the needs of consumers.

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