For retail banking
Retail banking is changing, and fast. Banks must navigate in an environment of tightening regulation, increasing customer demands, and rapid technological change.
Using the four levers of client value (fees, rates, loyalty and offers), Zafin’s miRevenue for Retail Banking solution enables banks to incentivize desired client behaviour and build deeper, more personalized, and more profitable client relationships.
- Configure standard fee types, calculations, and charging rules
- Configure fee waivers
- Configure fee discounts and rebates/reversals
- Enhance fee transparency and deliver fee reversal recommendations
- Manage both deposit and lending rates
- Configure base rates
- Differentiate rates based on configurable attributes
- Configure rate offsets
- Configure rate exceptions and overrides
- Configure rate validations
- Create cross-product rewards programs
- Manage and calculate reward points based on configurable attributes
- Convert points to other providers’ loyalty programs via an API
- Integrate third-party redemption catalog via an API
- Allocate costs to various product lines
Cross-Product Conditional Offers:
- Design unique offers for specific products
- Set eligibility rules, conditions, and benefits for each offer
- Track an offer’s conditions and pay applicable benefits automatically
- Rate Management for Retail Deposits eBook: This ebook outlines how a rate management solution can benefit both the bank and the customer, enabling banks to offer rates based on customer segments and customer needs.
Take the next step. Talk to Zafin today.
Start building stronger relationships with your clients like never before.