Displaying "Personalization" articles (21)
Personal Lending: The Fundamentals of Digital Loan Personalisation
After a rapid growth in interest rates for personal loans in 2023 despite a lagging increase in deposit rates, UK banks will face mounting margin pressures in 2024. On top of tighter margins, lenders will have to navigate a complex matrix of intensifying regulatory initiatives such as the Consumer Duty Act.
Unsecured Loans: Price and Product Personalization Are the Name of the Game
Lenders wanting to maintain their competitive advantage and capitalize on the healthy demand for unsecured loans need to be looking for ways to stand out in a crowded marketplace. Additionally, there is a need to consider pricing competition amid market volatility, rising interest rates, and increasing cost of funds.
Behind the Scenes with Earnix Price-It
The White Paper is intended for banking business and technical leaders who are evaluating ways to vastly improve their pricing strategies and operations. It will assist senior management, pricing groups, analytics teams, and IT in their quest for the best in proven, modern pricing technology.
Seizing Opportunities in Digital Automotive Finance
With shrinking profit margins, auto manufacturers and lenders are embracing complementary products and services as never before. This has forced their thinking to evolve away from closed, legacy technology architectures and standalone software applications to a strategy that accommodates flexible connections with those partners.
The need for Personalization in Insurance
Customers now demand personalized experiences. They’ve grown accustomed to personalization from so many companies they now do business with, across industries – from retail to travel to entertainment to banking and finance – and they’re increasingly expecting them from insurers.
Delivering Personalized Customer Experiences with Earnix
Empowering Relationship Managers in their Digital Journeys
Your Roadmap to Accelerating Digital Transformation
Traditional banking is well behind other consumer-facing sectors such as Retail, Healthcare Payers, and Telecom, and those sectors are setting consumer expectations that banks must meet to be successful. Driven by their experiences elsewhere, banking customers have come to expect offers crafted just for them, delivered whenever is convenient for them, and through the means and media they choose.