Don't let the challenges of today's banking industry hold you back. Empower your team to prevent loan defaults and improve your bottom line with NEMESIS.
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Financial services are facing challenges in increasing their share of wallets due to fierce competition from other institutions providing better offers or more competitive rates. Furthermore, smaller institutions lack the same range of products and services as larger banks, making it difficult for them to…
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According to Sumsub's report published on BusinessWire, in 2022, fraud has dramatically increased in five countries, with 5.1% in the USA alone. The report stated that fraud in the banking sector has increased nearly 100%. Account takeovers and chargeback fraud are popular schemes used by…
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In the financial industry, it is very common for customers to fail to pay on time, either on an occasional basis or on a regular basis. Payment delays can result in both collection and interest losses for financial institutions. Financial services can mitigate risks with…
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Financial institutions must follow critical guidelines to avoid risk. This may be true, but credit unions and banks may limit their growth potential for businesses or even prevent their members from taking full advantage of their products and services. Discover patterns that would otherwise be…
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Banks and credit unions are in a constant battle to maintain the loyalty of their members. Member attrition is discovered only after the customer has switched institutions. According to a study, repeat business contributes to over one-third of revenue for more than half of the…
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Segmenting members and understanding their behavior is crucial to increase sales and revenue. Marketing campaigns need to target important member segments which have different behavioral characteristics and needs. Some credit unions and banking companies that neglect targeting important segments may find themselves falling behind their…
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Avijit Datta is CEO of Aviana Global Technologies, a company dedicated to working with organizations that need predictive analytics to make better decisions, effectively manage risk and improve profitability.
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Aviana Global Technologies, Inc., one of the premier artificial intelligence and machine learning consulting companies in the industry, announced that it has been named a Red Hat Ready Partner in North America. As part of Red Hat’s partner ecosystem, Aviana acts as a reseller of…
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