White Papers
In this paper, we consider the core fraud risk control capabilities that organisations need to develop in order to effectively counter fraud and its damaging effects, and thereby create a strategic response to fraud.
In this paper we will explore how powerful global trends are driving higher cost pressures and complexity in the originations process, placing significant pressure on financial institutions’ ability to acquire profitable customers. We will discuss the impact of these trends, and explain how to turn complexity and new challenges into a competitive advantage.
To address the collections challenge, organisations need to evaluate their existing collections process to ensure they are collecting the most debt at the lowest cost and at optimum speed, whilst raising their priority with customers to make sure that their debts are repaid first.
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Islamic banking and finance ‘...has shown resilience at a time when the global economy has slowed and conventional banking in Western countries has been under pressure. By contrast global assets of Islamic finance have doubled since the start of the economic downturn’ posits UK Islamic Finance.
Organisations around the world are constantly looking for ways to effectively meet the rising demands and challenges of today's ever-changing marketplace. Achieving growth in a sea of constraints requires processes and technologies that may not be commonly used today. Some say cloud is the answer as it grows increasingly mainstream.
Managing customers involves making many individual decisions throughout the relationship journey: ‘Do we take this customer?’; ‘What conditions are appropriate?’; ‘When is the right time for an additional offer?’; ‘How do we treat missed payments individually?’; ‘How does my decision impact capital allocation?’
According to one study, the world used over 2.8 zettabytes of data in 2012. This is more than anything we have ever known, and it will only become more voluminous over time. And yet in a 2013 survey of Harvard Business Review readers many said they were familiar with the concept of big data, but only 28 percent said that their organisation was “currently using big data to make better business decisions or create new business opportunities.”
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