How to build a category-leading FinTech company: 10 Insights from a FinTech veteran

As someone who has been living and breathing FinTech for the past decade in Israel’s blossoming FinTech industry – now considered to be among the world’s leading hubs for FinTech innovation – I have come to understand firsthand the challenges that face Israeli FinTech companies (and FinTech companies in general) and how it’s best to…

Fresh Focus From FinTech During FinovateSpring 2016

The Earnix team has just returned from the FinovateSpring FinTech conference in San Jose, CA. In case you’re not familiar with this conference – it’s two days of seven-minute software demos, 74 presentations in all. It’s intense. It’s techy. And amazing. This is my fifth Finovate event in the past eight years – it’s a…

Changing the Game: The Next-Generation of Analytics

I’ve been involved in data and analytics for a long time – since my days at Capital One when I worked on credit policy. It’s amazing how much has changed since then. And how little. First, the big changes. There is an almost unlimited amount of computing power – particularly leveraging the power of the…

Predict Fee Paying Behavior and Improve NII Performance

With margins compressed and prospects of rate hikes waning, banks are once again becoming laser-focused on fee income to drive overall revenue growth.  According to a survey of more than 200 bank executives conducted by Earnix and SourceMedia (publisher of American Banker), 74% mentioned growing fee revenue as one of their biggest challenges for 2016. …

Four Insights From CBA LIVE 2016

The Earnix team had a very exciting time in Phoenix attending the Consumer Bankers Association annual meeting, CBA LIVE 2016. The conference was full of energy with great speakers – particularly keynote speeches by General Stan McChrystal, Heather Cox (CEO, Fintech, Citi) and Amy Walter (National Editor, Cook Political Report).

Of course, there were many other interesting presentations across all facets of banking – deposits, consumer lending, home equity, payments, regulatory, social responsibility – but the content was as remarkable for what wasn’t included as for what was included.

Auto Finance Providers Shift Gears to Address the Growth of Off-lease Vehicles

The rate of automotive leasing in the United States will soon be reaching its highest level in more than a decade. Now more than one out of every four new vehicles will be rented rather than be bought by consumers. A pronounced shift is taking place which resembles a return to the late 1990s, a…

What 200 Bankers Are Saying About Their 2020 Revenue Models

“You need to embrace change if the alternative is disaster.” Elon Musk, founder of SpaceX and cofounder of Zip2, PayPal, and Tesla Motors Is the banking industry ready to change? According to our recent survey of 200 European bankers, transformation is top-of-mind, with many in search of a new banking revenue model. Our survey shows…

Driving Towards Integrated Customer Analytics in 2016

An interview with Earnix CEO, David Schapiro Sitting in David Schapiro’s office last week, I was quick to learn of his passion for the sea. The Earnix journey that started over a decade ago, can be thought of as a voyage over the changing seas of the financial services industry.

Winning or Losing Your Share of Deposits Growth

Well, it happened…interest rates finally moved up for the first time in almost 9 years. So now what? The much anticipated rate increase announcement by Federal Reserve Chair Janet Yellen has bankers both excited and nervous. Predicting client financial behavior is going to be a challenge in the coming months, especially when you add an uncertain economy and intense competition. The ability to understand the impact on the balance sheet will be critical in developing a strategic plan in a new world.

Centralized Product Pricing In Your Bank

Deciding to switch the management of product pricing from a decentralized process to a centralized process, is not a decision to be taken lightly. Pricing forms the cornerstone of a bank’s competitive positioning and is a key element in determining its bottom line. There are many factors to consider when making changes to a pricing strategy within a retail bank that it can seem overwhelming at times. And who’s to guarantee that the gain of centralization will be worth the disturbance it may cause?