Abrigo

FEBRUARY 27, 2020

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. The types of inefficiencies and delays are those that can also result in unhappy customers and staff. That’s scale.” 21, 2019 – Jan.

Lending 243

Lending Survey Data System 243

Perficient

JANUARY 19, 2021

Customers can’t shop as they normally would, causing complications for customers who aren’t digitally-savvy with online tools, such as a size chart or cart management. Digitally mature companies handle these processes differently, and here’s how: They Modernize In-Store and Online Returns.

Retail 309

Retail Examples Branding Cards 309

PYMNTS

OCTOBER 20, 2017

ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick.

ATM 101

ATM Operations Customer Experience Security 101

Abrigo

NOVEMBER 17, 2023

You might also like this on-demand webinar on the red flags of emerging CRE risk. Taking a critical look at the existing steps for the financial institution’s loan applications and credit decisions can uncover opportunities to offer faster business loan decisions that provide a better member or customer experience.

Lending 222

Lending Software System Taxes 222

Abrigo

MARCH 2, 2023

Experts have highlighted numerous lessons from Southwest’s experience, many of which can benefit bank and credit union executives, regardless of their institution size, as they manage competing priorities for spending and growth initiatives on banking solutions. A failure in back-office technology directly affects customer experiences.

Technology 195

Technology Lending Community Software 195

Abrigo

SEPTEMBER 20, 2021

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. This will include any online lender, platform lender, fintech – this is going to be everybody.” Learn More.

Lending 195

Lending Data Compliance Regulation 195

Abrigo

AUGUST 26, 2016

In a recent online survey of more than 1,000 bankers using Sageworks’ solutions, bankers indicated that priorities are fairly diverse. Sageworks Senior Risk Management Consultant Rob Ashbaugh said many financial institutions are focusing on portfolio growth in order to offset the profit-pinching effects of low interest rates and thin margins.

Survey 150

Survey Risk Management Leadership Strategy 150

FICO

AUGUST 21, 2020

At the same time, banks doubled down on their commitment to customer service and experience; customer acquisition was a major challenge during the Great Recession, so focusing on the retention of good customers became a priority. Turning Up Fraud Defenses—and Customer Education. by Doug Clare.

Fraud 52

Fraud Customer Experience Tools Analysis 52

Abrigo

MARCH 24, 2021

Takeaway 2 Use this time to optimize technology investments to increase profitability and improve customer experiences. Takeaway 3 Pricing models for loans and deposits combat margin pressure and help retain your best customers. Credit Risk Management. Independent Banker Survey. Member Business Lending. SBA Lending.

Lending 221

Lending Technology Survey Examples 221

Social Assurance

MARCH 1, 2021

During this time, customers can also read through a couple of reviews, forming a first impression that can be hard to change. Creating a positive customer experience online, therefore, encompasses more factors than ever before. This online communication carries with it new expectations; namely time and efficiency.

Branding 15

Branding social media Online Case Study 15

Social Assurance

FEBRUARY 12, 2021

More information is available about financial brands online than ever before. Access to information about a brand’s reviews, products, customer service, and more is readily available. This alone shows why it’s necessary for your financial brand to create and establish its position online.

social media 15

social media How To Branding Online 15

CB Insights

DECEMBER 19, 2017

In this webinar, we’ll dive into the AI startups and use cases making the biggest impact in retail, looking at investments, patents, and the store of the future. Digital laggards – Many big-box retailers either failed or were too late to establish an online presence. Date: September 2017. Category/Product(s): Footwear.

Retail 78

Retail Branding Company Capital 78

FICO

FEBRUARY 1, 2021

Key to providing acceptable customer experiences is the way in which banks verify that applicants are who they say they are. Identity verification, required to prevent fraud and meet eKYC regulatory requirements, can also be the one that introduces friction and causes customers to abandon applications.

Customer Experience 52

Customer Experience Survey Strategy eBook 52

FICO

JANUARY 19, 2018

Through their own innovations and an overall advancement in technology, online retailers attracted customers away from legacy retailers with a wide variety of choices, low prices, and high convenience. That’s not because old banks went extinct, but because they met consumer demand by shifting many services online or to ATMs.

Analytics 45

Analytics Millennials Retail Data 45

FICO

NOVEMBER 15, 2022

By 2024, 435 million Europeans are predicted to be using online and mobile banking – up from 398 million today. While there’s a tendency to focus Next Best Actions primarily on acquisition and customer management, they’re equally applicable to collections, loss prevention and recovery. billion last year to 2.5 billion by 2024.

Analytics 52

Analytics Fraud Case Study National 52

PYMNTS

DECEMBER 21, 2016

Research also revealed that nearly 33 percent of consumers who buy online also pick up in store, and 60 percent of those consumers spend more during that in-store visit. Industry data has shown that 1.2 billion Black Friday orders were placed via mobile, up 33 percent from last year. An obvious example is Amazon.

Mobile 100

Mobile Retail social media Payments 100