Mike Gross

Nov 1, 2024 | solutionsreview.com | Mike Gross

Mike Gross, the CTO at TrueCommerce, tracks the evolution of EDIs within the supply chain, starting in the 1960s and continuing to the present. This article originally appeared in Insight Jam, an enterprise IT community that enables human conversation on AI. Electronic Data Interchange (EDI) has been a mission-critical technology underpinning supply chains since its inception in the 1960s.

Apr 23, 2024 | cuinsight.com | Lorrie Wohlfeil |Carrie Hunt |Mike Gross |Lauren Culp

With many credit unions facing liquidity woes, they are left with having to pay for much needed money to lend. As a result, the significance of yield on loans has never been more critical. How do you keep lending when you must pay for the money yourself? It is a compelling question with an easy answer.

Apr 22, 2024 | cuinsight.com | Chip Filson |Lauren Culp |Carrie Hunt |Mike Gross

From the most recently posted financials as of February 2024, the Investment Committee appears to have learned nothing from the past two years of Fed Reserve short-term rate increases. The Committee bought a $650 million Treasury bond yielding 4.26% with a final maturity of 6 years and three months on February 15. The investment extended the NCUSIF’s duration, increased the portfolio’s interest rate (IRR) risk, and reduced short-term liquidity.

Apr 22, 2024 | cuinsight.com | David Baumann |Lauren Culp |Carrie Hunt |Mike Gross

The Financial Crimes Enforcement Network’s requirements that credit unions and banks file Suspicious Activity Reports (SARs) for transactions exceeding $5,000 are burdensome and out of date, credit union trade groups told the network earlier this month.

Jun 20, 2023 | biometricupdate.com | Mike Gross

By Mike Gross, VP, Applied Fraud Research & Analytics at ExperianOver the last year, artificial intelligence (AI), especially ChatGPT and Bard, garnered a great deal of coverage due to their ability to generate a wide range of data-driven outputs such as marketing content, reports, and even movie screenplays.