Jeff Softley’s Post

The FCA has announced the most significant overhaul in two decades, focusing on enhancing consumer protection and promoting fair competition. This move brings new challenges and opportunities to create a more secure and transparent financial environment for all. At TransUnion, we are working with businesses in navigating through these changes with data-driven solutions. Get in touch if you’d like to know more in how TU could support further. #FCA #TransUnion #Informationforgood #Data #FinancialServices

Explore how data analytics in banking can improve account holders' financial well-being using data & marketing solutions. Check out Loni Luna's latest post to uncover 5 proven marketing strategies that empower banks and credit unions to offer personalized experiences and impactful products. #BankingInnovation #DataAnalytics #FinancialHealth #CustomerService

Transform Member Engagement with a CDP. 🚀 Prep for rate cuts & surge in consumer interest with a Customer Data Platform (CDP). Discover the 5 transformative benefits for credit unions. https://okt.to/fMdVzO 1. Data Unification 2. Quick Segmentation 3. Automated Campaigns 4. 1:1 Personalization 5. Guaranteed Compliance 👉 Learn more about enhancing efficiency and engagement at your credit union. https://okt.to/e1Phur #CreditUnion #MemberEngagement #CDP #MarketingAutomation

A recent MeridianLink® consumer survey highlights several key areas of focus for financial institutions in 2024: 1. Personalized solutions covering diverse consumer circumstances 2. Support for consumers handling #debt, especially credit card debt 3. Safeguarding consumer information as #fraud continues evolving 4. Balancing consumer trust with technological advancements But that’s just the tip of the iceberg! Head to our blog for more insights and to view the full report: https://lnkd.in/gJ67AW9c?

With almost 27% increase in accounts with three missed payments in the UK YoY, increasing cost of living is having a huge impact on everyday's consumer decisions. Under this context, it's very important for financial institutions to have a centralised, data-driven strategy that enables to: - Anticipate delinquency based on analytics model 💳 - Be able to detect & differentiate admission fraud from delinquency 🛃 - Segment your customers & work on different strategies for different profiles 🚹 - Centralise & automate those decisions at scale 🌎 - Optimise your strategy to maximise revenue within your risk exposure preference 📈 - Orchestrate your communications under an omni-channel approach, prioritising CX 📲 Does any of the above resonates to you? If so, feel free to drop a me a DM to discuss further. 📩 https://lnkd.in/dRnnqZJ7

A recent MeridianLink® consumer survey highlights several key areas of focus for financial institutions in 2024: 1. Personalized solutions covering diverse consumer circumstances 2. Support for consumers handling #debt, especially credit card debt 3. Safeguarding consumer information as #fraud continues evolving 4. Balancing consumer trust with technological advancements But that’s just the tip of the iceberg! Head to our blog for more insights and to view the full report: https://lnkd.in/gbbKdcSd?

A recent MeridianLink® consumer survey highlights several key areas of focus for financial institutions in 2024: 1. Personalized solutions covering diverse consumer circumstances 2. Support for consumers handling #debt, especially credit card debt 3. Safeguarding consumer information as #fraud continues evolving 4. Balancing consumer trust with technological advancements But that’s just the tip of the iceberg! Head to our blog for more insights and to view the full report: https://lnkd.in/g6F7hWYv?

A recent MeridianLink® consumer survey highlights several key areas of focus for financial institutions in 2024: 1. Personalized solutions covering diverse consumer circumstances 2. Support for consumers handling #debt, especially credit card debt 3. Safeguarding consumer information as #fraud continues evolving 4. Balancing consumer trust with technological advancements But that’s just the tip of the iceberg! Head to our blog for more insights and to view the full report: https://lnkd.in/gaSaWArj

BNPL users seek and use more new credit, Fed study finds "...Researchers aimed to examine the tie between BNPL use and credit over time and ultimately determined that BNPL use “does not seem to greatly affect consumer’s credit in the short run,” they wrote in the discussion paper published this month. Users of BNPL pursue and obtain more new credit lines, but even with increased “shopping intensity,” BNPL users didn’t obtain a statistically significant amount of credit compared to non-users, researchers discovered. #bnpl #consumercredit #consumerlending #research Federal Reserve Bank of Philadelphia Michael McCaw Payments Dive _____________________________________________________ If you want to immediately see new content that I post 👉🏻 Ring my bell (🔔) and follow #informationbanker or if you want to get the posts that got noticed in my weekly What’d I miss newsletter, subscribe here: "https://lnkd.in/d5_KvWwu"