Finding that insider to champion analytics

Analytics can help address both the critical problems of today and the unpredictable issues of tomorrow. You want information and capable people responsible for raising flags and diagnosing the underlying causes of emerging issues before they become critical. Analytics enablement positions you to detect and put out sparks before they are fires.When considering analytics, many financial institution Read More

By |2020-05-27T18:16:23-05:00March 11th, 2020|Comments Off on Finding that insider to champion analytics

Taming data is key to the sales strategy at banks

The words “sales data strategy” can seem overwhelming to even the most seasoned sales executives. The right sales data strategy can provide sales leaders, managers, and salespeople with insights to make more informed decisions and drive better results.A sales data strategy is a documented plan that provides a structured framework for sales organizations to effectively manage and Read More

By |2020-05-27T18:16:25-05:00February 4th, 2020|Comments Off on Taming data is key to the sales strategy at banks

No more drowning in the data lake: Framing the journey to support your business needs

Today’s financial services providers seek a competitive advantage as they develop and deliver innovative products and services to customers. And to accomplish this, they analyze large volumes of data as the foundation for success. Your company is no exception. You’ve invested heavily to create the infrastructure that unites disparate data and analyzes it. Yet often, that expected Read More

By |2020-05-27T17:58:08-05:00May 6th, 2019|Comments Off on No more drowning in the data lake: Framing the journey to support your business needs

Podcast: Paths to profitable digital partnerships

Many banks now believe it’s a great idea to work with fintechs. Yet smart caution and compliance don’t always square with life in the high-tech fast lane. Likewise, fintechs often lack the needed experience to make bank partnerships work. Ben Schack, leader of U.S. digital partnerships at BMO Financial Group, shares how banks can guide and mentor fintechs to Read More

By |2020-05-27T17:58:14-05:00December 4th, 2018|Comments Off on Podcast: Paths to profitable digital partnerships

Podcast: Winning the data game

Big data is huge—literally—as a game changer in the financial services industry. Yet the smart use of data comes with a host of concerns, ranging from best security practices to getting it out of the silos where it too often hides in plain sight.  Clark Richey, chief technology officer at FactGem, shares his top strategies to collect, protect Read More

By |2020-05-27T17:58:14-05:00November 27th, 2018|Comments Off on Podcast: Winning the data game

How to drive strong revenue growth in a thin-margin era

To create operating leverage or grow revenue faster than expenses represents the essence of business. And with compressed margins the new normal, it’s an economic necessity to lift or accelerate growth trajectory. Thus in a thin-margin business, stimulating top line revenue growth amounts to a priority for every financial institution. The law of diminishing returns Taking a Read More

By |2020-05-27T17:58:42-05:00December 13th, 2017|Comments Off on How to drive strong revenue growth in a thin-margin era

Working the numbers: How data aggregation will impact digital banking’s future

Once considered the only option to complete financial transactions, the traditional bank branch has been augmented by the era of online banking. More than 90 percent of consumers under the age of 35 actively use online banking, while 27 percent would consider using a branchless digital bank. What has powered this transition?  It’s digital transformation driven by Read More

By |2020-05-27T17:59:40-05:00August 1st, 2017|Comments Off on Working the numbers: How data aggregation will impact digital banking’s future

The new quantify behind qualify: Better data and the consumer credit revolution

A customer walks into a bank to apply for a car loan and finds out they don’t qualify. What happens next? Usually, the bank issues a rejection letter—and indeed, the customer feels rejected. Then the customer possibly (or probably) applies for credit at a different bank … and the original bank is in turn rejected: They never Read More

By |2020-05-27T17:59:41-05:00July 17th, 2017|Comments Off on The new quantify behind qualify: Better data and the consumer credit revolution

Podcast: How banks can lead consumers to financial wellness

Financial wellness has come to public consciousness as consumers look for better ways to take control of their finances. But what can banks and financial institutions do to ensure a successful journey? Jennifer Tescher, the founder and CEO of the Center for Financial Services Innovation (CFSI), outlines the big wins possible when banks and consumers work in Read More

By |2020-05-27T17:59:42-05:00July 7th, 2017|Comments Off on Podcast: How banks can lead consumers to financial wellness