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How Banking CIOs Can Leverage IT Agility to Enable the Business

FICO

By leveraging a shared and reusable set of platform capabilities to build dynamic applications, your IT teams can more quickly respond to business opportunities without having to manage the increased complexity of a new system or the integration of yet another point solution. . Scaling Your IT Influence with Composable Thinking.

Tools 52
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Profitability and Customer Financial Health in Retail Banking

FICO

It’s an approach founded on a simple idea: when your customers do better, you do better. Here, we dig deeper to scope out what an operational focus on consumer financial health might look like for banks and offer practical steps banks can take today to move in that direction. It’s a right-now competitive imperative. Here’s how.

Retail 52
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Summary: Toys “R” Us was the third largest bankruptcy in the US (after KMart in 2002 and Federated Department Stores, now Macy’s, in 1990). Toys “R” Us.

Retail 78
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Decision Platform Know-How Makes Winning Customers Personal

FICO

In fact, as early as next year, it’s predicted at least one in four (25%) will be reliant on applied intelligence, in the shape of AI sentiment analysis, to improve customer experience via decision platforms. Agility always poses challenges when it comes to delivering value, managing and measuring success. million (US$9.7

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FICO Platform Gets 19 Major Enhancements in Applied Intelligence

FICO

Empower Your Enterprise Transformation As organizations increase in size, an unfortunate side effect is that many become siloed by department and distant from the customer. Multiple roles across data science, risk management, marketing, operations, and lines of business can collaborate effectively to drive cross-functional change.

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How to Unlock the Power of Hyper-Personalization

FICO

Banks need insights that help them meet customers where they are in life. Insights that help them put the financial best interest of individual customers first, at the center of operation-wide decisioning. And finally, operationalizing the insights at scale to create bespoke, “in moment” customer experiences.

How To 52
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21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

CB Insights

2012: Surprise and delight your customers to build long-term trust. 2008: Work backwards from customer needs to know what to build next. 2002: Build your business on your fixed costs. 1998: Stay terrified of your customers. 2017: Build high standards into company culture. 2016: Move fast and focus on outcomes.