The Earnix Blog: Resources for Insurance and Banking Leaders
June 9, 2024
By Earnix Team
For many, the term “personalization” is a buzzword with strong ties to digital experiences in online retail and consumer marketing. So, why is loan personalization so important today? And, most importantly, what it’s in it for you, the lender?
February 20, 2024
By Sean Johnson
During the recent Q4 2023 earnings season, major lenders faced questions and challenges related to reduced NII (Net Interest Income). Lenders are feeling the pressure of increased borrowing costs, leading to less-than-desired profits. To top it all off, many indications are predicting that interest rates are likely to continue to fluctuate in the new year.
October 15, 2023
By Noga Aloni
The overarching theme of the global consumer lending landscape over the past couple of years is focused mainly on one thing: How should lenders look at setting loan and lease pricing and managing portfolio risk in a market that is constantly changing?
June 6, 2023
By Earnix Team
May 24, 2023
By Earnix Team
What technology can lenders implement to make pricing a competitive weapon, no matter how the market evolves?
March 29, 2023
By Sean Johnson
What does it mean to have a proactive, optimal pricing strategy? The first, and most simple answer, is the ability to understand how the market will react to changes in price – how this will affect auto loan volumes – and then identify the ideal price across all cells. In order to be proactive, it is imperative that you are able to accurately model and forecast how various changes in rates will impact a customer’s probability of closing a loan.