Highlights of the Case Study: Particulars Description Client A leading bank based in Brazil wanted to leverage customer data to create new financial products and solutions. Business Challenge The client wanted to assess the need for and...
banking
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3 Interesting Ways Banks Can Curtail Customer Churn Rate | Quantzig
Acquiring new customers is a more expensive process when compared to the retention of old ones. This is one of the main reasons why leading companies have put reducing the customer churn and improving their customer retention capabilities on their priority...
Retail Banking Sector Market Analysis – How Marketing Mix Optimization Solutions Helped a Retail Banking Firm to Find Optimize the Marketing Mix
Quantzig, a global analytics services provider, has recently completed its latest marketing mix optimization solution for a retail banking firm. The retail banking sector is under tremendous pressure to develop digital and data processing capabilities in order to...
Top Challenges Hindering the Growth of the Online Banking Sector
The emergence of online banking has made offering banking services that much more comfortable. It has provided speed and convenience to the customers. Long gone are those days where customers had to drive to the banks and stay in the queue just to check their account...
Types of Risks Looming in the Banking Industry
The banking industry is by far one of the largest industries in the world. In the US, insurance, real estate, and financial industry account for 20% of the total GDP. In order to keep the economy smoothly flowing, it is essential that the banking industry operates...
Banking Sector Analysis – How Sales Forecasting Can help Banking Firms Forecast their Profit Margins
LONDON: Quantzig, a global analytics services provider, has announced the completion of its latest analytics engagement for a leading banking sector client. Despite the implementation of stringent regulations and increasing levels of competition in the market, leading...
How Is AI Technology Going to Turn Tables for The Banking Sector?
Artificial Intelligence (AI) is no new term in the banking sector; in fact, many financial institutions have already found success with the help of AI. But how can this technology be leveraged for banking functions, you wonder? Artificial intelligence helps improve...
Gear Up for The Top 5 Banking Industry Trends That are Going to Dominate 2019
2018 has been an eventful year for the banking sector with a booming inclination of customers towards online banking, and new technologies like bitcoin and blockchain marking their territory in retail banking. Companies in the banking sector are continuously...
The Latest Trends to Watch Out for in Investment Banking
The global financial crisis has brought the viability of the investment banking business model under scrutiny, resulting in banks struggling to redefine their roles. Therefore, evolution and innovation have become the need of the hour in the banking sector. This means...
3 Banking Sector Challenges That You Need to Be Aware Of
The banking sector has consistently been one of the most promising industries in the past few decades. However, the current state of the world economy is an increasing concern for bankers. Recent market slowdowns, high debt, and interest rate uncertainties are not...