Improving your Collection and Lending Efforts through the Power of Big Data
Thursday, January 28th, 2015 | 2 – 3 p.m. EST
A major challenge financial institutions face is how to utilize and take advantage of the data that is available at their fingertips. During this presentation, learn what strategies your financial institution should be following in order to effectively integrate that data and increase your institution’s success.
This webinar is a great fit for anyone looking to enhance their collection and lending efforts, whether capitalizing on big data is on your institution’s “to do” list, or your organization has already started an initiative. Our subject matter experts will cover how to: Determine the traits of new account holders that your financial institution would like to acquire, and the most effective methods to target and segment these individuals; Understand the profitability of each of your organization’s loan products and properly cross-sell to existing account holders; Learn which account holders may be more inclined to fall delinquent on their accounts, allowing your financial institution to alter their collection strategies.