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Nomis Solutions Secures Funding from Symphony Technology Group in the Form of Majority Equity Stake

on May 12, 2020
Market leader in pricing technology for global banking receives equity investment to accelerate growth
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News Articles

Viewing the COVID-19 Crisis From a New Vantage Point

on April 23, 2020
"Fintech companies have a unique vantage point from which to view the COVID-19 crisis. Technology leaders are working long hours to help banks go remote, fill in customer service gaps and meet unprecedented loan demand. They’re providing millions of dollars in free services, and rapidly releasing new products. They’re talking to bankers all day, every day, and many of them are former bankers themselves." Read more from BankDirector...
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Pricing Solutions

Nomis’ Prashant Balepur on bringing data science to bank pricing strategies

on April 14, 2020
"Before COVID-19 hit, we spent a lot of time talking about the competitive environment for bank deposits. Every week, an incumbent or new challenger bank was making high rate offers in order to attract new customers. The dynamic may be different now, but financial institutions are getting increasingly savvy about their pricing strategies. Borrowing from retail, we are moving away from one-price-fits-all into a more data-driven and competitive market."
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News Articles

Immediate Steps to Tackle Deposit Mispricing by Dustin Allen

on April 2, 2020
Preparing for a recession usually includes steps that banks take to maximize interest spread and fee income, offload expensive deposits, and prepare for loan losses that are on the horizon—all while maintaining relationships and liquidity.
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News Articles

AI: The Slingshot for Small Banks

on March 19, 2020
Regional and community banks are struggling with growth and profitability in the face of competitive pressure from large national banks and fintech startups. Executives at these institutions are instructed to invest in technology, and to leverage data and artificial intelligence to compete more effectively.
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Press

Nomis nSight Arms Financial Institutions with Real-Time Pricing Intelligence

on March 10, 2020
“nSight combines cutting edge AI and billions of financial observations, public and private data to create pricing strategy insights for business users. Whether you’re a data scientist, a deposit product manager, or mortgage loan officer, you can now make better, data-driven pricing decisions to support your business objectives. In a volatile market, deep and real-time insight into pricing is crucial to win.”
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News Articles

It's Time to Rethink Your Pricing Calculus

on February 5, 2020
By: Joe Zeibert To grab market share from traditional banks, innovative non-bank alternatives such as Rocket Mortgage, Better, and Figure are streamlining and digitizing the mortgage application process. In response, banks have...
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News Articles

It is time to take control of your exception pricing

on January 30, 2020
BY: FRANK ROHDE, CEO, NOMIS SOLUTIONS The pricing of banking products has gotten more interesting over the last few years, thanks to competitive pressure from fintechs and neobanks, rising customer expectations, greater regulatory scrutiny and a changing interest rate environment. Banks and lenders are now using several different levers to become more customer-centric in pricing their products.
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