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Latest Posts

Taking Your Company’s Data to School and Getting it a Job

Retail Banking, Price Optimization, Intelligent Pricing, Customer-Centric

Taking Your Company’s Data to School and Getting it a Job

Feb 1, 2023

In this month’s post, George Neal explains deriving new information, insights, and the learning process behind intelligent pricing that benefits both the bank and its customers.

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Why ‘Pricing is King’

Retail Banking, Price Optimization

Why ‘Pricing is King’

Nov 15, 2022

In this month’s post, Greg Demas shares why he believes customer-centric pricing is the single most important way financial institutions can differentiate themselves, and how companies like Nomis are laser focused on enabling banks to be at the...

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Create Lending Success During Tough Times with Smart Pricing

Mortgage, Price Optimization

Create Lending Success During Tough Times with Smart Pricing

Jun 22, 2022

With interest rates, inflation and competitive pressure on the rise, it can be difficult for lenders to see the forest over the trees. Canada’s big 6 banks have raised their expectations of rate hikes from the Bank of Canada, with the majority...

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3 Reasons Auto Lenders Need an Agile Pricing Strategy

Price Optimization, Auto Finance

3 Reasons Auto Lenders Need an Agile Pricing Strategy

May 3, 2022

While predictions for 2022 are cautiously optimistic, it is undeniable that the lesson learned from the last two years is that market conditions can change on a dime. On January 13, Cox Automotive analysts predicted that new-vehicle sales would...

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How to Price a Loan (According to the Experts)

Price Optimization

How to Price a Loan (According to the Experts)

Apr 26, 2022

Prashant Balepur, senior vice president of corporate strategy and partnerships, recently participated in a Canadian Lenders Association (CLA) webinar titled "How to Price a Loan." Balepur was joined by Geoff Finnie from BMO, Sundar Ramanathan of...

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Why Pricing Agility Will Be the Key to Auto Lending Success in 2022

Price Optimization, Auto Finance

Why Pricing Agility Will Be the Key to Auto Lending Success in 2022

Mar 14, 2022

The automotive industry has undoubtedly had a unique 24 months. From chip shortages to record low inventory and high demand, times are unpreceded on several fronts. But despite all this, the financing end of the auto industry has returned to...

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Need Three Reasons to Consider Pricing Technology Leader Nomis Solutions? Here’s What IDC’s MarketScape Has to Say.

Retail Banking, Price Optimization

Need Three Reasons to Consider Pricing Technology Leader Nomis Solutions? Here’s What IDC’s MarketScape Has to Say.

Mar 1, 2022

In every industry, there are recognitions and awards that telegraph excellence, and over the years, some have become very well-known outside of their industry as well. For example, you don’t have to be a chef to understand that most restaurants...

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How to Harness Next-Level Auto Loan Pricing Intelligence with the Nomis-J.D. Power Partnership

Price Optimization, Auto Finance

How to Harness Next-Level Auto Loan Pricing Intelligence with the Nomis-J.D. Power Partnership

Feb 11, 2022

Pricing is a delicate art, especially in the auto lending market. Today’s limited inventory and increased volatility have emphasized getting pricing right for lenders everywhere. It is this dilemma that our partnership with J.D. Power helps to solve...

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Borrower Expectations and a Digital-First Approach in Mortgage Lending

Mortgage

Borrower Expectations and a Digital-First Approach in Mortgage Lending

Jan 21, 2022

As the housing market exploded amid COVID-19 stay-at-home orders, the mortgage industry saw a huge shift in how consumers approach lending. Now, lenders are doing everything they can to meet evolving customer expectations and stay ahead of the curve.

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Deposit Pricing Strategies in a Rising Rate Environment

Retail Banking, Price Optimization

Deposit Pricing Strategies in a Rising Rate Environment

Jan 19, 2022

Current market forecasts suggest that we will soon see Fed funds, and subsequently, retail and commercial deposit rates, rise in 2022. Banks are anxious to see an expansionary rate regime to push open net interest margins and thus, signal the...

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