Topics: analytics

Content, Customers, Compliance: Big Reasons for Banks to Use Enterprise Mobile AppsJune 18, 2013The rise of big data and deployment of mobile devices to support sales teams has given rise to a number of challenges that can be addressed with enterprise mobile apps.
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New Study: Alternative Credit Decisioning Tools Could Have Generated $1.7 Billion for Issuers In 2012June 11, 2013A new study by LexisNexis and Javelin found that alternative credit decisioning tools could open up new segments, like the underbanked, for lenders.
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Banks Lag in Social Media, Digital MarketingMay 29, 2013A survey of more than 3,000 financial institutions examined banks' digital marketing capabilities.
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Predicting Success In Banking & Politics: It's All About The AnalyticsMay 22, 2013At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
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How to Detect Wire Fraud When No Two Attacks Are the SameMay 21, 2013Fraudsters have developed a variety of methods for initiating fraudulent wire transfers, but a security approach based on data and analytics from customer behavior can be an effective countermeasure to these wire fraud schemes.
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Digital Marketing Solutions Stand Front and Center at Finovate SpringMay 15, 2013With more customers interacting with their financial institutions through the mobile and online channels, new marketing solutions targeting these digital customers emerge at Finovate Spring.
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Improving Business Analytics Through A Single Customer ViewMay 13, 2013While many financial institutions are relying more on business analytics and intelligence for decision making, they need to first ensure the accuracy of the information feeding these statistics and ensure that each customer has a single record within a central database.
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Fundtech, Guardian Analytics Announce New Fraud Prevention SolutionApril 23, 2013The two companies announced a jointly owned product at NACHA Payments 2013 designed to deliver behavior-based, real-time fraud prevention.
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Banks Fall Short On Delivering Personalized Service for Customers, Study FindsApril 22, 2013A new study from Cisco suggests that banks are failing to meet customer demands for more personalized services because their customer data is stuck in organizational silos.
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Putting Big Data to Work for Financial Services CompaniesApril 18, 2013By starting small, growing organically and striking the right balance between gaining the desired insight and becoming overloaded with data, financial services firms will truly recognize the gains they can make
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Creating A Customized Banking Experience With Big DataApril 12, 2013Customers have different expectations of their bank, and are willing to pay for different services. Big data opens the door for banks to group their customers according to their banking preferences, which can make customers more satisfied and more profitable.
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Big Data: Uncovering Newer Dimensions in Fraud PreemptionApril 10, 2013Big data is opening up new opportunities for financial institutions to combat external and internal fraud by beginning to monitor user behavior in addition to tracking account activity.
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Science Versus Art in Risk Management: Lessons from Merrill LynchApril 04, 2013Merrill Lynch’s former head of market risk oversight sounds off on what he sees as the failures of current risk management practices. Is he right?
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Improving the Customer Experience Across Every Touch PointApril 02, 2013How banks can improve their customer communications by improving data collection and management, and developing a consistent multichannel strategy for customer interactions.
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Big Data: Where to Begin?April 01, 2013Bank Systems & Technology got an early exclusive look at a report to be released tomorrow by Celent that highlights the difficulties many financial institutions are facing in moving towards a data-driven business model.
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How Banks Can Leverage Marketing and Analytics Platforms To Secure and Maintain Significant Marketing Budgets from RetailersMarch 28, 2013Marketing offers for consumers based on transactional data gives banks an opportunity to draw revenue from retailer partnerships.
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How Banks Can Compete In the Mobile Shopping MarketMarch 19, 2013By combining targeted coupon offers based on transactional data with a layered shopping experience that includes social media and gaming, banks can win big with mobile shopping apps, and position themselves for mobile wallet adoption.
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7 Big Data Players To WatchMarch 05, 2013New York City, IBM, State Street and four other organizations are developing innovative ways to leverage the ever-increasing volumes of data they're amassing.
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Big Data At J.P. Morgan: Delivering The FirmMarch 04, 2013J.P. Morgan's Vipul Shah spoke with BS&T editorial director Katherine Burger about big data applications in the treasury services business and steps the bank is taking to deliver those services.
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Capitalizing on Big Data Yields Customer ValueMarch 01, 2013In order to get the full value from a big data approach banks are going to have think differently about how they manage their data.
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