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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Your bank might have introduced a new product, but very few banks go back and try to improve an existing product unless forced to by the regulators or changes in technology. The branch thinks about increasing deposits, and Treasury Management thinks about growing treasury management. Funnels Create Tactical Confusion.

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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Linking financial institutions and corporates with its Banking-as-a-Service platform, ONPEX enables FIs to deploy cloud-based account and payment technology to digitize operations and enhance their cross-border corporate payment offerings. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189
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Investors Tap Into The Promise Of High-Tech Data Analytics In The Enterprise

PYMNTS

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Data Management. The company said it will use the backing to focus on its go-to-market strategy and expand existing leadership.

Analytics 189
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How Unattended Retail Sells Loyalty

PYMNTS

If they don’t, they’re forced to spend time and energy on additional marketing strategies to recruit the next batch of new customers. While brick-and-mortar stores can employ customer retention strategies, kiosk and vending machine operations don’t always have the same tools available.

Retail 162
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FICO World 23: Unleashing the Power of FICO Platform

FICO

They wanted to know how investing in technology innovation was affecting growth. The top 25 percent of companies that were investing the most in technology innovation were growing at twice the pace of the 10 percent that invested the least. Which market trends matter – both in business and technology? Which direction?

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Hyper-Personalization + Prescriptive Analytics for Customer Offers

FICO

The Complexity of Offer Management Makes It an Optimization Problem. They can also accurately forecast the impact and results of marketing strategies and apply them to business decisions. . Analyze the impact of the optimal strategy on KPIs and understand any trade-offs. Making Every Interaction Hyper-Personalized.

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Banks Say FinTech Innovation, Not Regulation, Is Now Their Fiercest Market Pressure

PYMNTS

But according to a new report from EY, it would be unfair to say that regulation is the only driving force behind large banks’ changing market strategies. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets.