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Press

Elininate Customer Friction to Unlock Your Bank's Growth

Why don’t your target customers want to join your bank? Because they’re not impressed.
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Press

Nomis Solutions Appoints Shelly Griffin to Lead Mortgage Banking Client Relations

Experienced sales executive with deep experience in the mortgage sector joins Silicon Valley-based fintech to provide ‘customer voice’ in defining Nomis’ suite of mortgage analytics products
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Mortgage

Optimized pricing is the secret to a consistently profitable pipeline

Every pricing action has a reaction. As a mortgage pricing manager, every move you make has some expected outcome. But of course, how the market reacts to your decision to increase margin can negate your move. When you make your moves in an effort to change your competitive position, how will you know whether your actions have been effective?
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How Q2 bank earnings may affect 2021 deposit playbooks

Financial results from the first quarter of 2020 are mostly in, and no surprise there’s been a sizable  impact from COVID-19. Net earnings are significantly down, but in many cases this is mostly a function of choice as more cash is being redirected into Provision for Loan Loss (PLL) accounts.
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News Articles

Can’t qualify for a HELOC? Fintechs will buy a stake in your home equity

A new breed of financial technology firms is pitching American homeowners on a different way of tapping into home equity: If you’re sitting on a pile of it, these investors will buy a piece of your house. The co-ownership arrangement isn’t cheap, but it presents an alternative to furloughed or laid-off workers who no longer qualify for home equity loans or cash-out refinances.
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Press

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

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

"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

"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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