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Paving the Way for Customer Loyalty with Value-driven Rewards Programs and Customer Scoring Mechanisms

By Sooraj SK, Principal Architect, SunTec Business Solutions Share this article: Share on twitter Share on linkedin Share on email Share on whatsapp Banking is more competitive than ever before. Customers want a personalized, value-driven, and relationship-based experience and are not afraid to shift loyalties to fintechs if their expectations are not met. Faced with …

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Increasing Rates Brings Account Analysis to the Forefront, Again

By Dan Gill, Vice President – Client Facing Group, SunTec Business SolutonsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp Now Is the Time for Banks to Introduce Intelligent Account AnalysisThe Federal Reserve has begun to increase short term rates and is expected to continue to push them up …

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The Roadblocks Preventing Bank Pricing Evolution

The Roadblocks Preventing Bank Pricing Evolution By Rajan V, Principal Architect, (Revenue Management), SunTec Business Solutions Bini Mary Easow, Senior Architect (Revenue Management), SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp Banks face a multitude of challenges these days. In part one of this series on …

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Lack of Price-Led Innovation – The Current State of Corporate and Retail Banking

Lack of Price-Led Innovation – The Current State of Corporate and Retail Banking By Rajan V, Principal Architect, (Revenue Management), SunTec Business Solutions Bini Mary Easow, Senior Architect (Revenue Management), SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp Competition to traditional banking businesses is a common …

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Building a Risk-free BNPL Ecosystem

Building a Risk-free BNPL Ecosystem By Rajan V, Principal Architect, (Revenue Management), SunTec Business Solutions Bini Mary Easow, Senior Architect (Revenue Management), SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp In 2012, a small and innovative venture named Affirm was launched as part of the initial …

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How Banks Can Leverage an Ecosystem Model for the SME Sector

How Banks Can Leverage an Ecosystem Model for the SME Sector By Binesh K, Strategy, CEO’s Office, SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp The Small and Medium Enterprises segment contributes over USD 850 billion per year to the global banking industry, which is about …

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How Can Banks Facilitate Seamless Invoice Approvals in a Partner Ecosystem?

How Can Banks Facilitate Seamless Invoice Approvals in a Partner Ecosystem? Gireeshkrishnan R, Sr. Architect, SunTec Business Solutions Anoop Kumar KR, Architect, SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp Financial institutions across the world are increasingly becoming orchestrators of a comprehensive ecosystem comprising multiple non-banking …

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The Future of Subscription Management and Billing

The Future of Subscription Management and Billing By Binesh K, Strategy, CEO’s Office, SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp Technology and changing customer demands have led to sweeping transformation within the payments and transactions space and services need to be customized, simplified, and seamless. …

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Buy Now Pay Later – A New Window of Opportunity for Banks?

Buy Now Pay Later – A New Window of Opportunity for Banks? By Binesh K, Strategy, CEO’s Office, SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp Modern banking places the customer at the core of all its strategies and processes. Simplicity and ease of use, convenience, …

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How Minimum Balance Requirements can Benefit Banks and Customers?

How Minimum Balance Requirements can Benefit Banks and Customers? By Aswathy Raj S, Architect, SunTec Business SolutionsShare this article: Share on twitter Share on linkedin Share on email Share on whatsapp In December 2021, the Reserve Bank of India (RBI) levied an INR 30 lakh penalty against a leading private bank in the country for …

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Here are the Top #6 Banking Trends of 2022 you must know!

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