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Latest Posts

Managing Change in Pricing Strategies: Addressing the Human Element

Retail Banking, Price Optimization, Pricing Analytics

Managing Change in Pricing Strategies: Addressing the Human Element

Dec 13, 2024

This is the third installment in our article series exploring the Nomis November 14 discussion on pricing challenges in a falling rate environment. In the first two articles, we examined lessons from historical rate changes and the reevaluation of...

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Reevaluating Risk Scoring in a New Pricing Landscape

Price Optimization, Pricing Analytics

Reevaluating Risk Scoring in a New Pricing Landscape

Dec 5, 2024

This is the second installment in our article series diving deep into the Nomis November 14 discussion on pricing challenges in a falling rate environment. In the first article, Navigating Pricing Challenges in a Falling Rate Environment: Lessons...

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Navigating Pricing Challenges in a Falling Rate Environment: Lessons from the Past

Pricing Analytics

Navigating Pricing Challenges in a Falling Rate Environment: Lessons from the Past

Nov 26, 2024

On November 14, Nomis executives came together to delve into the complexities of pricing strategies in the context of today’s falling rate environment. This gathering shed light on how historical trends inform current strategies and how financial...

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Adapting to Rate Cuts: Strategic Deposit Expense Management by Wes West

Price Optimization, Pricing Analytics, Deposits

Adapting to Rate Cuts: Strategic Deposit Expense Management by Wes West

Sep 18, 2024

In the immediate aftermath of the Federal Reserve’s announcement of a 50 basis point rate cut at today’s FOMC meeting, we are entering uncharted territory for many financial institutions. This marks the first rate cut since the 2018 headfake and the...

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Embracing Imperfections: Managing Model Failures and Statistical Limitations (Part 3 of 3)

Retail Banking, Price Optimization, Intelligent Pricing, Pricing Analytics, Deposits

Embracing Imperfections: Managing Model Failures and Statistical Limitations (Part 3 of 3)

Aug 7, 2024

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Models in Action: Supporting and Enhancing Strategic Decisions (Part 2 of 3)

Retail Banking, Price Optimization, Intelligent Pricing, Pricing Analytics, Deposits

Models in Action: Supporting and Enhancing Strategic Decisions (Part 2 of 3)

Aug 7, 2024

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Unlocking Insights: Why the Right Questions Matter More Than Models (Part 1 of 3)

Retail Banking, Price Optimization, Intelligent Pricing, Pricing Analytics, Deposits

Unlocking Insights: Why the Right Questions Matter More Than Models (Part 1 of 3)

Aug 7, 2024

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The Role of Price Optimization in Relationship Pricing as a Whole

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

The Role of Price Optimization in Relationship Pricing as a Whole

Aug 15, 2023

In this month’s post, John Shortt reflects on the ongoing importance of price optimization to our company and customers as we broaden our offerings to support relationship pricing and discretion and deal management pricing.

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Why Creative Pricing Dimensions Should Be Part of Every FI’s Customer Acquisition & Retention Strategy in 2023

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

Why Creative Pricing Dimensions Should Be Part of Every FI’s Customer Acquisition & Retention Strategy in 2023

Mar 26, 2023

In this month’s post, Tal Schwartz notes that financial institutions worldwide are using sophisticated data modeling to incorporate disparate and somewhat unusual information to price products at a granular level. This approach lets them offer...

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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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