Financial Services - Bankcard, Auto, Mortgage
by March 13, 2013,
Financial Services - Bankcard, Auto, Mortgage
This post is in response to the recent Bankinter story of
NFC payments at the point-of-sale without requiring SE – and the
lack of any real detail around how it plans to achieve that goal. I
am not privy to Bankinter’s plan to dis-intermediate the SE, but as
I know a wee bit about how NFC works, I...read more
by March 5, 2013,
Financial Services - Bankcard, Auto, Mortgage
Big news [last week], with Chase entering in to a 10 year
expanded partnership with Visa to create a ‘differentiated
experience’ for its merchants and consumers. I would warn anyone
thinking “offers and deals” when they hear “differentiated
experience” – because I believe we are running low on...read more
by February 27, 2013,
Financial Services - Bankcard, Auto, Mortgage
Last January, I published an article in the Credit Union Journal
covering the trend among banks to return to portfolio growth. Over
the year, the desire to return to portfolio growth and maximize
customer relationships continues to be a strong focus, especially
in mature credit markets, such as the...read more
by January 31, 2013,
Financial Services - Bankcard, Auto, Mortgage
At midnight yesterday, Google sent me an email on how the
new GoogleWallet update will now allow me to store my “Citi
MasterCard” online. As other Google Wallet aficionados may recall
(Bueller..? Bueller..?), Citi was the lone holdout in Google
Wallet’s journey to the cloud and its race to...read more
by January 25, 2013,
Financial Services - Bankcard, Auto, Mortgage
First, it aims to drastically reduce payment acceptance costs
through any and all means and Secondly – keep merchant data firmly
within their purview. MCX – MerChants reduX: The post that
follows is a collection of thoughts around MCX, why it deserves
respect, and yet how it is indeed mortal and...read more
by January 22, 2013,
Financial Services - Bankcard, Auto, Mortgage
All skip tracing data is the same, right? Not exactly. While there
are many sources of consumer contact data available to debt
collectors, the quality, freshness, depth and breadth can vary
significantly. Just as importantly, what you ultimately do or don't
do with the data depends on several...read more
by December 20, 2012,
Financial Services - Bankcard, Auto, Mortgage
In my last post, I covered the importance of using quality credit
attributes to gain greater accuracy in risk models. Credit
attributes are also powerful in strengthening the decision process
by providing granular views on consumers based on unique behavior
characteristics. Effective uses include...read more
by December 6, 2012,
Financial Services - Bankcard, Auto, Mortgage
Research shows that investing in superior customer management
easily can exceed returns of 20 percent in the first year of
implementation. A return that compounds in subsequent years
as a results of customer-centric strategies that drive customer's
loyalty, new customer referrals, and increased...read more
by December 4, 2012,
Financial Services - Bankcard, Auto, Mortgage
With the constant (and improving!) changes in the consumer credit
landscape, understanding the latest trends is vital for
institutions to validate current business strategies or make
adjustments to shifts in the marketplace. For example, a
recent article in American Banker described how a couple of...read more
by December 3, 2012,
Financial Services - Bankcard, Auto, Mortgage
As building blocks to any predictive model development, it goes
without saying that the better the predictive variables, also known
as attributes, the more accurate the predictions. For many
predictive analytic modeling shops, attributes are a key
differentiator to model performance versus the...read more
