How can Experian help support your business strategy?
Accelerating the return on investment from your collections process
To address the collections challenge, organisations need to evaluate their existing collections process to ensure they are collecting the most debt at the lowest cost and at optimum speed, whilst raising their priority with customers to make sure that their debts are repaid first.
Opportunities for growth in the Islamic finance market
Islamic banking and finance ‘...has shown resilience at a time when the global economy has slowed and conventional banking in Western countries has been under pressure. By contrast global assets of Islamic finance have doubled since the start of the economic downturn’ posits UK Islamic Finance.
Decisioning in the Cloud - A Beneficial New Approach for Financial Institutions
Organisations around the world are constantly looking for ways to effectively meet the rising demands and challenges of today's ever-changing marketplace. Achieving growth in a sea of constraints requires processes and technologies that may not be commonly used today. Some say cloud is the answer as it grows increasingly mainstream.
Using Business Rules Engines to drive complex customer decisions that boost profits
Managing customers involves making many individual decisions throughout the relationship journey: ‘Do we take this customer?’; ‘What conditions are appropriate?’; ‘When is the right time for an additional offer?’; ‘How do we treat missed payments individually?’; ‘How does my decision impact capital allocation?’
Big Data - The Future of Information and Business (extracted from a report by Harvard Business Review Analytics Services)
According to one study, the world used over 2.8 zettabytes of data in 2012. This is more than anything we have ever known, and it will only become more voluminous over time. And yet in a 2013 survey of Harvard Business Review readers many said they were familiar with the concept of big data, but only 28 percent said that their organisation was “currently using big data to make better business decisions or create new business opportunities.”
Commercial Bank of Qatar
With extensive portfolio growth plans for its retail consumer business, the bank has invested in Experian’s PowerCurve™ Strategy Management with advanced analytics to drive the acquisition of new profitable customers for its financial products.
PowerCurve™ Customer Management evaluates all three million Bank Asya customers to create, test and deliver the most effective customer strategies. It provides greater insight to accurately quantify each customer’s potential lifetime value, enabling the bank to improve profitability by optimising cross-sell and upsell offers.
PowerCurve™ Customer Management is providing Santander with the ability to create unique profiles for each of its customers, including scores and metrics for risk, affordability, profitability, propensity to pay and lifetime value.
DA EMEA Newsletter: Issue 1
In this edition you will find articles on our latest thinking on Big Data where we discuss the opportunities for growth and competitive advantage; and on using business rules engines to drive complex customer decisions that boost profits.
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