Will social banking become the norm?

For the first time in three years, there is a decline in positive banking experiences, according to the 2014 World Retail Banking Report from Capgemini. This is partly due to the trend that people between 18 and 34 want to conduct more of their banking through social media. However, most […]

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How’s the week gone for SAS? It’s easy as 1, 2, 3 …

SAS has had a good week.  No. 1 in Analytics The company remains No. 1 in advanced analytics -- per IDC and Forrester, not just according to marketers like me. And we remain committed to innovation. Our data visualization offering, SAS Visual Analytics, is now used by more than 500 […]

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Big data improves speed, accuracy and automation for credit lenders

Credit lending is a fast-paced business that relies on large amounts of customer and transaction data. Premier Bankcard’s primary purpose has been to provide even customers with damaged credit histories an avenue to obtain credit and demonstrate positive financial patterns. To stay competitive, the company uses analytics to predict and […]

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Assess risk in seconds, not days, with high-performance analytics

Imagine it’s your job to manage billions of dollars in consumer mortgages. You’d want to know your risk position pretty much all the time. So imagine you had to wait till next week just to find out where you stand right now. Before the crash of ’08, that’s how it […]

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In a small (and uncertain) world

The start of the year seems to have been full of uncertainty for European financial markets. This seems to apply to everything from Greek debt to bankers’ bonuses and, despite access to so much information about what is happening globally, it remains difficult to understand what is certain fact and […]

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Pivot to win: Banks can score with big data

The first quarter of the fiscal year is the time that banking industry analysts provide clients with their vision on the key challenges and solutions in banking for 2012. TowerGroup’s Nicole Sturgill recently wrote that “understanding consumer use of the financial institution’s delivery channels is a critical element” for institutions […]

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Could high-performance analytics have prevented the housing crisis?

There's been a lot of conversation recently around SAS High-Performance Analytics.  And, rightly so - it's incredibly cool and applicable to every industry imaginable, including financial services. What if your risk calculations had seen the '08 credit collapse in time?  CBS SmartPlanet addresses this (and highlights SAS High-Performance Analytics, with […]

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10 high-performance analytics tips for bankers

Bank Systems & Technology just published a special issue focused on "big data" - and how high-performance analytics helps solve the big data problem. Clicking on the cover image will take you to the ebook, so you can flip through 24 pages full of information about the benefits of big data for banking. […]

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Social media, a Zuckerberg and revolutionary banking

In mid-October, at BAI Retail Delivery in Chicago, I went to one of the most widely attended sessions of the conference. It was a Q&A style interview of Randi Zuckerberg by Ron Insana, Senior Analyst, CNBC. Zuckerberg is the former Head of Marketing at Facebook and Founder and CEO of R […]

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Six marketing trends you cannot ignore

I'm in Chicago this week for the 2011 BAI Retail Delivery. It's a retail banking conference where executives meet to discuss best practices and learn about the newest vendor solutions. I've found that many of the best practices discussed can actually be applied across industries; for example, Roger Peverelli (Co-Author of Reinventing Financial […]

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