Credit unions sitting on mountains of big data gold

first_imgFinancial institutions (FIs) collect large amounts of data that often go unmined. When extracted, however, this golden information can be used to predict everything from borrower risk to consumer behavior.Unlike precious metals, data alone rarely has value. The extensive deposits of information are meaningless unless it can be converted into actionable insights. While transforming data into actual strategies with measurable impact is a multi-step process, it certainly can be done.A recent CUInsight.com article takes a look at four steps to translating mined Big Data gold into valuable knowledge and meaningful insights:Retrieve data to convert it into serviceable information.Create innovative products and services to meet expectations and improve the consumer experience.Develop targeted marketing campaigns to successfully introduce these new products and services. continue reading » 43SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Newcastle boss Pardew fears for Taylor after injury

first_imgNewcastle manager Alan Pardew says he fears for Ryan Taylor after the midfielder’s first Premier League start since March 2012 ended after just 34 minutes.Taylor left the pitch in tears as he hobbled off during the first half of the Magpies’ 1-0 win over QPR.That result, Newcastle’s fifth league victory on the bounce, lifted them up into the top four but Pardew admitted worries over Taylor cast a shadow over the result.He said: “We’re tinged with sadness because of Ryan’s injury and we are sweating on the scan.“Our thoughts are with him because if any professional footballer doesn’t deserve a long-term injury again it’s him.“So we’re a little bit worried about him at the moment but we’ll wait on the scan.”Taylor, whose American surgeon was at the game at St. James’ Park, was taken to hospital after the match.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Quarter mark in the 2016 season arrives with not much settled

first_imgEUREKA >> The battle for the track championships in Redwood Acres Raceway’s six divisions is still up in the air. With the season nearly a quarter of the way done there are a lot of things that can change between this weekend’s upcoming race on June 11th and the final point races in September.Redwood Acres’ newest division, the Legends, are picking up cars as the season progresses. Current point leader, Brent Mack, has managed to be the only driver to be able to start each of the four feature …last_img read more

Facebook Snags Open Web Community Leader Recordon

first_imgWhy Tech Companies Need Simpler Terms of Servic… David Recordon, an outspoken young advocate for Open Source and Open Web technologies, is leaving blog software company SixApart to join Facebook. He confirmed to us that he’ll be starting on Monday with the title Senior Open Programs Manager. The move was first reported by Spencer E. Ante this afternoon in BusinessWeek.Additional Facebook hires reported by BusinessWeek today include top Yahoo Engineer Arturo Bejar, former Genentech Chief Financial Officer David Ebersman, and senior Google engineer Greg Badros. As close observers of the movement to develop open technology standards for the social web, we find the hiring of Recordon to be of greatest interest.David Recordon traveled all over the world advocating open standards apparently in the belief that an open web would ultimately benefit SixApart. By the same logic that more web use and thus more search is good for Google, so too is more blogging and more online activity good for an activity stream-savvy SixApart. But the company’s activity stream products don’t appear to have flowered as much as its blogging software, and Recordon’s international advocacy must have been expensive.Facebook, on the other hand, may have a clearer interest in fostering increased activity and syndication of that activity data. While some critics, including this site, have noted Facebook’s tendency to both horde user data and push definitions of privacy in directions most users are unlikely to approve of, the company has also been an active participant in standards discussions concerning both data syndication and privacy. (We worry that users are being pushed to open up data that developers will only be able to access in aggregate for a high price.)Recordon has been a key leader in the movement to advance standards-based technology concerning identity and activity. We hope that he will help usher in future developments at Facebook that will both make user data available to as many developers as possible to build on and help users stay in control of their privacy in ways they are comfortable with. That’s not going to be an easy job.Just like when open source advocates take jobs at Microsoft, it’s hard to know to what degree they are changing the nature of the company and to what degree they are being co-opted.Meanwhile back at SixApart, long-time team member Anil Dash has greatly increased his public profile in recent weeks with big posts about what he calls the Push-button Web.Key questions then seem to be these: can Dash and others at SixApart keep pushing the Open Web agenda by bringing new technologies to market effectively? Can Recordon help the part of Facebook that favors open innovation and not just put a happy face on what departed Forrester marketing analyst Jeremiah Owyang recently predicted would be a future of big social networks “colonizing the rest of the web.”Facebook recently announced that it will be expanding its staff by as much as 50% this year, and blogger Robert Scoble notes that he was told by Google employees today while visiting that they are being recruited hard by Facebook as well.Photo by Joi Ito. marshall kirkpatrick Tags:#Analysis#news#web Related Posts center_img Top Reasons to Go With Managed WordPress Hosting A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Lewis Hamilton equals hero Ayrton Senna with pole in Canadian Grand Prix

first_imgTriple world champion Lewis Hamilton produced a moment of Montreal magic on Saturday to put his Mercedes on pole position for the Canadian Grand Prix and equal Ayrton Senna’s career haul of 65.The Briton’s third pole in a row in Canada equalled Michael Schumacher’s record of six at the Circuit Gilles Villeneuve, but it took a stunning lap worthy of his late Brazilian hero Senna to do it.After Ferrari had dominated the day’s final practice, Hamilton moved it up a level with a lap faster than any previously recorded at the sun-bathed island circuit.Then, with Ferrari’s championship leader Sebastian Vettel piling on the pressure with a time only 0.004 slower, the Briton went even faster to finish with a flourish and a lap of one minute 11.459 seconds.”It was a sexy lap. It was a great lap. I can’t believe that it came together so well,” he said.”At the time while doing the lap I had no comprehension that I was going for my 65th. I had completely forgotten that. It was just about the here-and-now.”The pole, which left him three adrift of Schumacher’s all-time record of 68, came 10 years on from the first of his Formula One career at the same track with McLaren in his rookie 2007 season.Vettel, a four times world champion with Red Bull who leads Hamilton by 25 points after six races, qualified second for Sunday’s race.Finland’s Valtteri Bottas, who replaced retired 2016 champion Nico Rosberg at Mercedes in January, qualified third with Ferrari’s Kimi Raikkonen, the polesitter in Monaco two weeks ago, fourth.advertisementRed Bull will make up the third row with young Dutchman Max Verstappen qualifying fifth alongside Australian team mate Daniel Ricciardo.SENNA HELMETAfter qualifying, Hamilton was presented with one of Senna’s race-worn helmets — a gesture from the Brazilian driver’s family that left him moved and momentarily stunned.”I’m shaken, I’m speechless,” he said, standing in front of the crowded stands with the gift.”Ayrton, I know for many of you was your favourite driver and it was the same for me. He was the one who inspired me to be where I am today. So to match him, and to receive this, is the greatest honour.”Senna, also a triple champion, died in a crash at Italy’s Imola circuit in 1994.It was a scintillating duel between Hamilton and Vettel, adding another line in what is shaping up as a season long fight.”He (Hamilton) was the better man today but I am not entirely happy,” said the German, winner of three of six races so far, compared to Hamilton’s two.”Nevertheless I feel the car is very good, I was really happy this morning, I was happy this afternoon and it should be very good in the race so I’m looking forward to tomorrow.”While Mercedes celebrated a return to form, the struggles continued down the paddock at McLaren as double world champion Fernando Alonso, back from his Indianapolis 500 adventure, failed to get out of the second qualifying and will start 12th.The Spaniard’s Belgian team mate Stoffel Vandoorne had an even more frustrating day and will start 16th in the 20 car field.Pressure has been mounting on McLaren’s engine partner Honda to deliver but no upgrades have been ready for Montreal and the team continues to languish down the timesheets.Canadian teenager Lance Stroll disappointed the large flag-waving home crowd when he failed to make it out of the opening round of qualifying.The first Canadian to race at home in Formula One since 1997 champion Jacques Villeneuve in 2006, Stroll and his Williams team are hoping the 18-year-old can snatch his first points of the season.But he will be starting 17th and will need to produce something extra special to crack the top 10.Williams, however, have produced good performances on the island layout with a driver on the podium for the last two years. Brazilian veteran Felipe Massa could make it three after qualifying a respectable seventh.last_img read more

Week 13 NFL Elo Ratings And Playoff Odds

A week before Thanksgiving, the NFL’s top teams had plenty to be grateful for. Eleven of the top 13 teams in Week 12’s edition of our Elo ratings won their games, with the lone exceptions either losing to another good team on the road (the Arizona Cardinals, then ranked No. 2, fell to the third-ranked Seattle Seahawks) or suffering a stunning upset (the Kansas City Chiefs’ ill-fated trip to Oakland). And eight of the bottom 10 teams lost, generating the widest spread this season between the league’s haves and have-nots (as measured by the standard deviation of every team’s Elo ratings).There’s been a lot of talk about 2014 being a season of parity in the NFL (especially after the aforementioned Raiders victory completed this year’s “circle of parity,” the phenomenon by which any team could claim superiority over another via the transitive property). In one sense, that’s accurate. There’s no dominant Super Bowl favorite: The New England Patriots, Green Bay Packers and Denver Broncos have gone through hot and cold periods over the past 12 weeks, and the Seahawks and San Francisco 49ers have not even consistently been favored to make the playoffs. Nobody knows what to make of the upstart Cardinals (now less so than ever). By that standard, this season is as wide open as any.But this year has also seen a stark disparity between the NFL’s good and bad teams. The 2014 season features the 10th-largest standard deviation of Elo ratings through 12 weeks of any season since the 1970 AFL-NFL merger and the second-largest since 1986 (trailing only the 2009 season).Nearly all of the most imbalanced seasons took place before the NFL instituted true free agency and a salary cap in the early 1990s, which evened out payroll spending across the league and prevented dominant teams from hoarding talent. These measures had the effect of increased parity, both within seasons and between them.Pockets of inequality still emerge from time to time, even in today’s equipoised NFL. But most of the teams at the bottom of our rankings were above average (some significantly so) at some point in the past few seasons. Late in 2012, the Houston Texans and Atlanta Falcons — now ranked No. 23 and No. 25, respectively — had Elo ratings that would rank second in the NFL right now. And among the bottom third of teams in this week’s rankings, Minnesota, Tampa Bay, Washington and the New York Giants also had above-average Elo ratings as recently as two seasons ago.The league’s bad teams look particularly bad right now, and the poor got even poorer this past weekend. But even at an imbalanced moment, you can see the handiwork of the NFL’s parity machine.Last week, we wrote about how the Denver Broncos were a team in disarray, losing more points of Elo rating over the previous three weeks than any team in the NFL. In this past Sunday’s game against the Miami Dolphins, it looked like disaster was imminent again — Denver’s win probability was down to 10.2 percent late in the third quarter — before Peyton Manning sparked a comeback victory for the Broncos.The game wasn’t especially crucial to the Broncos’ postseason odds (they gained just 8 percentage points of playoff probability last week), but in concert with the Chiefs’ stunning loss at Oakland, it had a big effect on the AFC West race. By the end of the weekend, the Broncos had gained 24 percentage points of division-win probability, bringing their chances to 79 percent. The Chiefs lost 25 percentage points — by far the week’s biggest change in division-win probability. What had been surprisingly close to a toss-up race for the AFC West is back under Denver’s control.Week 12 was pretty damaging to Kansas City’s playoff chances. A week ago, the team was looking at a 41 percent probability of chasing down the Broncos for the division, and it had the conference’s best chance of securing a wild card slot (42 percent). But with their AFC West odds dwindling, the Chiefs probably need the wild card to make the playoffs. It might seem as though the Chiefs are still well positioned in that department — the Dolphins had been their primary threat going into the weekend — but after the AFC North rivals Cincinnati Bengals and Baltimore Ravens both won, the AFC’s wild card picture is as crowded as ever.The NFC playoff picture didn’t change all that much, although the Seahawks are once again favorites to make the postseason after beating the Cardinals. Although the game could be seen as the proverbial “statement win” with regard to NFC West supremacy, the loss didn’t really affect Arizona’s playoff chances; the Cardinals are still 94 percent likely to be in.Elo’s had a few solid weeks against the point spread. Don’t let it fool you: You shouldn’t take these ratings to Vegas and bet with them. But it is always fun to compare the gambling lines to those which would be predicted by each team’s pregame Elo ratings.One of biggest differences this week between Elo and Vegas involves a marquee matchup, in which the Patriots travel to Green Bay to face the Packers. The Packers have been on a roll of late, gaining the most Elo rating points of any NFL team over the previous three weeks, but still they rank just sixth in Elo. At least some of that is because Green Bay entered the season ranked 17th in the league with a below-average 1495 Elo rating, owing to a relatively down 2013 season that saw quarterback Aaron Rodgers miss seven games.With Rodgers back and playing at an incredibly high level as of late, Vegas has reacted quickly. The oddsmakers clearly consider the Packers one of the two or three best teams in the NFL. For their part, the Patriots have been on fire as well, so the fact that they are three-point road underdogs implies that the market considers them about even with Green Bay. Elo thinks the Patriots are roughly four points better per game than the Packers at a neutral site, so it will be interesting to get some measure of a referendum on Vegas and Elo’s different opinions of the two teams.CORRECTION (3:53 p.m., Nov. 26, 2014): A previous version of the Week 13 NFL matchups table listed incorrect numbers for the Elo win percentages and point spreads. They and the language in the piece have been updated. read more

Womens lacrosse Ohio State tops Cincinnati behind 17 goals

Ohio State senior midfielder Megan McGillis handles the ball in the Buckeyes’ 13-9 win over Vermont on Feb. 12 at the Woody Hayes Athletic Center. Credit: James King | Lantern reporterThe Ohio State women’s lacrosse team (3-0) scored early and often in its 17-8 win over Cincinnati (0-1) on Sunday. The Buckeyes solved their early-scoring woes of the previous two games, netting five unanswered goals in the first four minutes of play.“The theme the whole week was getting off to a fast start,” coach Alexis Venechanos said. “I felt like we came in really focused and we were really on a mission. We knew Cincinnati was going to be well coached.”This was the sixth meeting between the two schools and the third in the past three seasons. The Buckeyes’ win kept them undefeated in six meetings against the Bearcats, with the series dating back to 2008.Within the first two minutes, sophomore midfielders Mackenzie Maring and Erika Keselman scored giving OSU the early lead. Then, for the second time this season, freshman midfielder Liza Hernandez scored two goals within 30 seconds, her first two of four on the day.“We wanted to just come out and play our game,” Hernandez said. “It feels amazing (to score four times). I just know I couldn’t have done it without my teammates and everyone around me.”Senior midfielder Morgan Fee added a goal of her own — her first of two in the first half — putting the Buckeyes up 5-0 with 25:16 remaining. The Bearcats would win the next draw, gaining possession of the ball for the first time in the game. Cincinnati took advantage of their first time with the ball when junior midfielder Brooke Kovinsky scored the first goal of the year for her program at the 24:52 mark in the first half. OSU went on to win 11 draw controls and take 25 shots compared to Cincinnati’s five and 12, respectively, showing how much the Buckeyes dominated the ball early. Venechanos said that a lot of that is attributed to the stellar play of Fee, who won 7 draw controls in the game.“She stepped up huge,” Venechanos said. “We put her in for the last five draws of the last game and she got those. So she’s been working really hard and I’m really happy for her.”Maring and Keselman again would score back-to-back goals moving OSU’s lead up six with 22:06 left in the first half. The Bearcats would respond with two goals from freshmen Monica Borzillo and McKenna Rushford.Up 7-3, OSU went on a 5-1 scoring run to close out the half, which included a hat trick from junior attacker Molly Wood, Fee’s second of the game and sophomore midfielder Baley Parrott’s sixth goal of the year.“We were just ready to show what we are and show what we’re made of this year,” Wood said. “We were firing on all cylinders today, we were all in control. It was really fun.”The Buckeyes opened up the scoring yet again in the second half when freshman attacker Alex Vander Molen scored her first of the day, second of the year, giving OSU a 13-4 lead. Cincinnati would try and fight its way back into the contest, going on a 3-1 scoring run cutting the Buckeyes’ lead to seven with 13:43 to play.OSU was plagued with turnovers in the second half, committing eight, turning their offense stagnant until Hernandez was able to score her fourth goal with 5:42 left on the clock. The Bearcats netted another goal, but OSU closed the game out with two more goals giving them the win, 17-8. One goal came from junior attacker Lauren Sherry and the other from sophomore attacker Alyssa Amorison in her season debut for the Buckeyes.For the second straight game freshman goalie Jillian Rizzo collected double digit saves, this time 11 on the day. Rizzo has been a constant safety blanket for this OSU team, helping them hold leads and coming up with big saves when needed.“She’s amazing,” Hernandez said. “She literally keeps us in games sometimes. I know she’s a freshman but she really doesn’t play like a freshman and we definitely need that.”In a game that was moved to Ohio Stadium due to some serendipitous February weather, OSU led from wire to wire. The Buckeyes, who took 40 shots compared to the Bearcats’ 25, were able to couple an aggressive attack on the offensive end with stout defensive play. “It’s always fun to score in the ‘Shoe,” Wood said. “But it was a team effort and that was what was really special.”OSU has the Stanford Cardinal up next, Friday at home at 6 p.m. Stanford is currently 1-3 on the year and have a game at Saint Mary’s on Tuesday before making the trip to Columbus.“Stanford is going to give us new challenges,” Venechanos said. “So we’re going to watch film this week, work on ourselves and then worry about Stanford … but it will be a big test for us.” read more

Football Cornerback Damon Arnette injured during Ohio StateMichigan State game

Ohio State redshirt sophomore cornerback Damon Arnette (3) waits to defend against a Penn State offensive drive in the second quarter in the game against Penn State on Oct. 28. Ohio State won 39-38. Credit: Jack Westerheide | Photo EditorOhio State lost another player during its game against Michigan State as redshirt sophomore cornerback Damon Arnette was injured and helped off the field with about a minute left in Saturday afternoon’s game. He was able to walk off the field with assistance, but was carted from the sideline to the locker room. He did not return before the end of the first half.The injury took place on the first play of Michigan State’s final drive in the first half. Arnette had intercepted a pass from Michigan State quarterback Brian Lewerke on the last play of the previous drive. Arnette had also registered a tackle during the game.Though Ohio State was up 35-0 at the time of the injury, the Buckeyes were been down three starters. Linebackers Dante Booker and Jerome Baker missed the game with undisclosed injuries and defensive end Dre’Mont Jones was ejected from the game on the previous drive on a targeting call. Jones’ targeting call negated a would-be Arnette interception. read more