Next Best Product Recommendation The Challenge Financial institutions are under constant pressure to expand their revenue and keep their existing customers happy. On an average, organizations lose $136.8 billion per year due to churn – and that is avoidable. Currently … Read More
Banking
Reduced Customer Churn
Reduce Customer Churn The Challenge The easiest way to grow your revenue is to keep your existing customers happy. It can cost up to five times as much to acquire a new customer, as it does to retain an existing … Read More
Increased Product Adoption
Increased Product Adoption The Challenge Financial institutions are consistently looking for new revenue opportunities through revenue enhancement and augmentation. Driving product adoption by Identifying customers who are likely to buy next best logical product and increasing the utilization of products … Read More