Financial Brand Insights: It’s Time to Obsess About Eliminating Customer Friction


Simplifying your customer’s ability to conduct business with your institution requires a reconsideration of how you make your bank relevant to their needs. The global pandemic we’re all living through has forced businesses to rethink how they engage with their customers in a socially distanced, safe, and largely virtual manner. Restaurants have re-thought delivery and … Continued

Eliminate Customer Friction to Unlock Your Bank’s Full Growth Potential


Why don’t your target customers want to join your bank? Because they’re not impressed. Banks often sabotage their own attempts at success through their siloed, disjointed, out-of-touch, and unimpressive approaches to doing business that leave small-to-medium businesses, private wealth clients, upwardly mobile millennials, and even commercial customers underwhelmed by their service delivery. Eliminating Customer Friction … Continued

Nomis Solutions Secures Funding From Symphony Technology Group


Nomis Solutions, a leading provider of SaaS-based pricing and profitability management solutions for the global retail banking market, has reached an agreement with Symphony Technology Group (STG) in which STG has acquired a majority equity interest in Nomis. Nomis joins STG with a deep history of market leadership and tremendous market opportunity ahead. As retail banks and … Continued

Viewing the COVID-19 Pandemic and Crisis From a New Vantage Point


Fintech companies have a unique vantage point from which to view the COVID-19 pandemic and 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 … Continued

Nomis’ Dustin Allen on Five Immediate Steps to Tackle Deposit Mispricing


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. To provide guidance for those who have responsibility for deposits and deposit pricing in the current environment, I’ve interviewed a … Continued

Nomis Solutions Announces Agenda and Keynote for 2020 Banking Growth Forum


From April 29 to May 1, 2020, executives from the world’s top retail banks and emerging fintech companies, along with some of the industry’s leading experts, will convene at the Banking Growth Forum 2020. Nomis Solutions has just announced the line-up of industry luminaries who will challenge banking executives to outperform in 2020. Over the course of three … Continued

Global Fintech Nomis Solutions Opens Center of Excellence in Cleveland


Nomis Solutions, an innovative fintech company focused on ensuring ongoing value creation for the world’s smartest financial institutions, is expanding its presence in the Midwest with the opening of a Center of Excellence in Cleveland, Ohio. The move signals the company’s intention to tap local science and math talent and extend its leadership in the … Continued

Vanguard Features Nomis Solutions’ Douglas Luftman, Strategic Alignment


He feels at home tackling some of the toughest challenges that the most innovative technology companies may confront daily. Whether it relates to negotiating multibillion-dollar commercial transactions, debt or equity financings, complex M&A or strategic partnerships, building legal teams, tackling intellectual property or privacy issues, or helping with sticky and complex business or legal issues, … Continued

Nomis Solutions Announces Agenda and Keynote for 2019 Banking Growth Forum


Nomis has just announced the line-up of industry movers and thinkers who will seek to explain and leverage tectonic shifts in the banking sector. On May 14–16, executives from the world’s top retail banks and emerging fintech companies, along with some of the industry’s leading experts, will converge at the Banking Growth Forum 2019. Over the course … Continued

Nomis Solutions Expands Presence in Asia-Pacific With New Melbourne Office


Nomis Solutions, an innovator of fintech software that helps retail banks deliver win-win customer engagement through price optimization, customer-centric offers, and omnichannel sales enablement, has opened a new office in Melbourne, Australia. Situated in the central business district of Melbourne and providing easy access to the head offices of all of Australia’s top banks, the … Continued

Nomis Solutions Appoints Abhinav Mittal as Chief Technology Officer


Nomis Solutions, an innovator of fintech software that helps retail banks deliver win-win customer engagement through price optimization, customer-centric offers, and omnichannel sales enablement, has appointed Abhinav Mittal as chief technology officer. A technologist with broad leadership experience in forging strong development teams that build highly scalable systems, Mr. Mittal will drive Nomis’ next phase … Continued

Nomis Solutions Appoints Douglas Luftman as General Counsel


Nomis Solutions, an innovator of fintech software that helps retail banks deliver win-win customer engagement through price optimization, customer-centric offers, and omnichannel sales enablement, has appointed Douglas Luftman as its vice president, general counsel, and secretary. Mr. Luftman brings a broad spectrum of corporate legal experience in both established and emerging growth companies. He will … Continued

Nomis Solutions’ Founder Publishes New Book on Lending Price Optimization


Nomis founder and renowned pricing expert Robert Phillips, Ph.D., has is about to release his latest book, Pricing Consumer Credit. The book provides lenders and other financial services professionals with a comprehensive description of how to improve profitability while managing risk by applying proven price optimization techniques. In addition to exploring the relationship between loan pricing and … Continued

Market Momentum Builds for Fintech Innovator Nomis Solutions


Nomis Solutions, an innovator of fintech software that helps retail banks deliver win-win customer engagement through price optimization, customer-centric offers, and omnichannel sales enablement, is gearing up for increased demand for its products and services in 2018. With interest rates set to rise in key markets in 2018, Nomis is preparing for increased interest from … Continued

Accenture Makes Investment and Forms Strategic Alliance With Nomis Solutions


Accenture (NYSE: ACN) has taken a minority position and formed a strategic alliance with Nomis Solutions (Nomis), a leading provider of analytics-driven pricing and profitability-management solutions to retail banks. “As interest rates rise in many countries and retail banks shift to creating more individualized offers for consumers, analytics-based pricing is becoming an increasingly important tool, … Continued

Technology Finally Catches Up With Financial Services’ Customer-centric Vision


Nomis Solutions announced today that Frank Rohde, president, and CEO, will be presenting at the Australian Retail Banking Summit 2017, which will be held in Sydney on May 25 and 26. Rohde’s presentation, “How Technology is Finally Making Customer-centricity a Reality,” reflects the Summit’s theme: “Retail: Ripe for Revolution.” “We’ve been talking about customer-centric banking for … Continued

Financial Transactions Optimized Using Nomis Solutions Technology Exceed $1.5T in 2016


Nomis Solutions today announced another year of market-leading growth for the company’s pricing, portfolio management, and offer presentment technology for financial services. The addition of 17 subscriptions from banks in the US, Canada, and Asia-Pacific brings the total volume of deposit and lending transactions optimized using Nomis technology to over $1.5 trillion. More than 8,000 … Continued

Nomis Solutions Expands Offering to Increase Banks’ Sales Effectiveness


As U.S. banks are looking to expand margins through a rising interest rate environment, Nomis today announced the Winter Release of its omnichannel offer intelligence platform for retail banking, Nomis Deal Manager. Designed to increase sales effectiveness in complex environments, the enhancements in this version of Nomis Deal Manager improve sales’ ability to personalize customer interactions in a way … Continued

Nomis Solutions’ Founder Robert L. Phillips, Ph.D. Awarded Prestigious Award


Nomis Solutions today announced Robert L. Phillips, Ph.D., the founder of Nomis has been awarded The Institute for Operations Research and Management Sciences (INFORMS®)’s Impact Prize. The INFORMS Impact Prize is a lifetime achievement award in the field of Operations Research. It is awarded once every two years and is intended to recognize contributions that have had … Continued

Improve Sales Effectiveness Through Omni-channel Offer Presentment


Nomis Solutions today announced the open public access to register for the LIVE online webinar for banks titled “Improve Sales Effectiveness Through Omni-channel Offer Presentment,” featuring speaker Frank Bria, vice president of digital engagement at Nomis Solutions. The webinar is scheduled for 2:00 p.m. EST on November 17, 2016. Customers are demanding more from their banks. … Continued

Leverage Data, Modelling and Behavioural Attributes to Optimize Lending and Deposits


Nomis Solutions today announced that Damian Young, the managing director of Nomis Solutions Australia would be presenting at the ARCA National Conference 2016. The conference, organized by the Australian Retail Credit Association will be held from the 9th to the 11th of November at the Hilton Hotel in Adelaide, Australia. Young’s presentation titled, “Optimizing Lending and Deposits Portfolios based … Continued

The Changing Role of AI and Person-to-Person Interactions in Retail Banking


Nomis Solutions today announced that Frank Rohde, the President and CEO of Nomis will be participating in a panel discussion entitled, “Artificial Intelligence (AI) vs. Humans in Banking” at Banking Disrupted, a leadership summit to be held at the Silicon Valley Elks Lodge in Palo Alto, CA. on Sept. 14 -15, 2016. The panel discussion will begin at 2:45 … Continued

Nomis Solutions Launches New Offering, Helps Bankers Negotiate in Real-time


Nomis Solutions today announced the launch of a new set of capabilities designed to provide front-line banking professionals with real-time sales and competitive data. With this update, retail bankers can use Nomis Deal Manager to see data about similar deals made at the bank, competitive offers, approval rates, and sales KPI performance data so they can more … Continued

Nomis Solutions Wins Top Honours at the 2016 UK Fintech Innovation Awards


Leading offer and price optimization company Nomis Solutions has been named the winner in the ‘Innovation in Data Solutions’ category at the FinTech Innovations Awards 2016. The judges were impressed by the depth of customer understanding that Nomis brings to retail banks and the impact it has on bottom-line profitability. The FinTech Innovation Awards brings together … Continued

Nomis Solutions and Oliver Wyman to Spotlight Growth at Upcoming Forum


Nomis Solutions announced today that they will co-present with Oliver Wyman, a leading global management consultancy, to deliver the Deposits and Innovation Tracks at the upcoming Banking Growth Forum. “As we approached our 9th year of creating and delivering this conference, we wanted to do something unique that would help the banking industry grow faster and … Continued

2016 Banking Growth Forum to Focus on Reinventing the Growth Playbook


Nomis Solutions today announced its 9th Annual Banking Growth Forum to be held at the San Francisco Grand Hyatt Hotel on May 18-20. The Banking Growth Forum is the only retail banking conference exclusively focused on growth. This year’s event will bring retail-banking experts from around the world together with Fintechs to focus on “Reinventing the Growth … Continued

Retail Banking Industry Expert, Frank Bria, Joins Nomis Solutions


Nomis Solutions announced today that Frank Bria has joined Nomis Solutions as Vice President and go-to-market leader for a next-generation solution focused on offer presentment and optimization and personalized pricing. Bria has been working in the retail banking analytics space for over 15 years. He holds an MS in Mathematics from Purdue University. Bria ran … Continued

Nomis Highlights Retail Banking Growth Solutions as Sapphire Sponsor at CBA Live


Nomis Solutions begins showcasing its leading offer and price optimization solutions today as Sapphire sponsor of CBA Live!, the top US consumer banking conference, which runs today through Wednesday, March 9th at the JW Marriott Desert Ridge Resort in Phoenix, Arizona. This premier annual event, hosted by the Consumer Banking Association, brings together the leadership of … Continued

Nomis Solutions Named Top Solution by Banks in Latest Nucleus Research Report


In a new report titled “Anatomy of a Decision: Bank Price Optimization Technologies,” analysts at Nucleus Research conducted in-depth interviews with banking technology leaders about their most critical growth tools.  Established in 2000, Nucleus Research analysts have used their technology understanding blended with a financially-focused investigative research approach to deliver a quantitative analysis of software solutions … Continued

Six Reality Checks Banks Face With Today’s Historic Rate Increase


What will today’s historic Federal Reserve interest rate increase mean for America’s banks? Banking experts from the fintech company Nomis Solutions are on hand to provide insight into the impact of a rising rate climate on American retail banks and the new risks that have emerged over the past nine years. Nomis works with 10 … Continued

Big Data Helping Banks Understand Consumer Behavior


Nomis Solutions CEO presented yesterday at the Australian Retail Credit Association (ARCA) National Conference in Brisbane, Australia. This year’s theme was “Harnessing Disruption and Innovation” and was designed to give banks practical recipes for applying trends in banking and technology to improve their strategies. Mr. Rohde’s keynote was entitled “Big Data Science and Cloud Computing … Continued

Nomis Solutions Appoints Rolf Huber to Bring Cross-border Appeal to EMEA Region


Nomis Solutions is delighted to welcome Rolf Huber to its expanding EMEA team. With five languages, two degrees from MIT, and 25 years in banking technology to hand, Huber joins the retail banking analytics firm as EMEA Business Development Director. Huber will be using the experience gained over a highly varied career to expand the … Continued

Damian Young Appointed as Managing Director EMEA for Nomis Solutions


Nomis Solution is delighted to announce the appointment of Damian Young as Managing Director, Nomis Europe Ltd (EMEA). Damian will be responsible for the successful leadership and management of the rapidly growing EMEA business. His remit will include client management and services, strategic direction, planning, and execution including expansion plans in the EMEA market. Damian … Continued

Nomis Solutions Enhances Active Market Signal Response With Latest Release


Nomis Solutions today announces the release of Nomis 4.6, the latest version of their feature-rich price optimization suite, which enables banks to utilize actionable insight to react more quickly in today’s dynamic financial services market. The  4.6 release follows a period of significant investment into performance and scalability that enables customers to respond swiftly to … Continued

How Banks Can Remain Profitable and Adhere to New Regulations


Nomis Solutions has published timely guidance for retail banks on the implications of Basel III. The whitepaper, “Basel III and Retail Deposits Management,” answers key questions: Why was Basel III introduced and how does it treat deposits? How prepared are banks for incorporating Basel III into their deposits businesses? What is the best strategy to … Continued

Nomis Solutions Announces Michael Degusta as Vice President and Chief Architect


Nomis Solutions is delighted to announce the appointment of Michael DeGusta to lead the architecture and development of the company’s next-generation pricing platform. Michael joined the company as Vice President and Chief Architect in early 2015 and has already been instrumental in pushing the capabilities of Nomis Solution’s cutting-edge pricing technology forward. Michael will be … Continued

Nomis Forum Drives Pricing Advantage, Innovators Gather to Sharpen Skills


Nomis Solutions, global pricing and profitability technology provider for the financial services sector, is welcoming innovators in banking from all over the world to the 8th annual Nomis Forum beginning today at the Fairmont Hotel in San Francisco. This year’s Forum theme is Keep Calm and Be Prepared. Experts from Nomis and banking industry executives … Continued

Understanding Customers to Deliver the Right Products and Prices to Clientele


Nomis Solutions, the leading provider of pricing and profitability management solutions for financial services companies, wrapped up the Nomis Forum 2014 in Half Moon Bay, California, near the company’s Silicon Valley headquarters. The seventh annual event, themed, “Understand Your Customers and Everyone Profits”, brought together a one-of-a-kind combination of academics, policymakers, data scientists, and bankers … Continued

Nomis Solutions Selected as a Red Herring Top 100 North America Winner


Nomis Solutions announced today that it has been selected as a winner of Red Herring’s Top 100 North America award, a prestigious honor given only to leading private companies from the Americas. “We are thrilled to be recognized as a Top 100 Winner,” said Frank Rohde, CEO of Nomis Solutions. “This award is made possible … Continued

Roger Arnemann Joins Nomis Solutions as Senior VP of Products and Services


Before “big data” was a buzzword, Nomis was at the forefront of applying data science, analytics, and optimization to help financial services companies reach their goals. Many of the world’s largest retail banks rely on Nomis to transform vast amounts of data into customer insights and tailored financial products. With Nomis, these banks can deliver … Continued

Nomis Solutions Announces Keynote and Agenda for 2014 Global Pricing Forum


As the banking conference season kicks into high gear, one conference continues to challenge conventional wisdom. At Nomis Forum 2014, academics, policymakers, data scientists, and bankers all come together to explore the present and future of scientific decision-making in pricing for financial services. The seventh annual Nomis Forum is being held May 28-29 in Half Moon Bay, … Continued

Yellen and Fed Tag Team Interest Rate Rises: The Numbers at Stake


Ten of 16 Fed officials recently said they saw the Fed’s benchmark interest rate rising to 1% or more by the end of 2015, a slight uptick in projections from December when only seven officials saw rates at or above the 1% level. Twelve of 16 officials expect the rate to be at or above … Continued

Scott Friend to Speak on Building Disruptive New Companies Based on Analytics


Bain Capital Ventures Managing Director will discuss his experiences as an entrepreneur and investor in analytics-driven companies such as ProfitLogic and Nomis Solutions. As co-founder and President of ProfitLogic, Scott Friend is intimately familiar with the transformative power of advanced analytics. ProfitLogic was the leader in retail analytics and price optimization solutions, with clients such … Continued