Lakehouses vs. Customer Data Platforms – An Overview Lakehouses and Customer Data Platforms (CDPs) both play a central role in modern data strategies. While lakehouses store data and make it available for analysis, CDPs make this data usable for marketing, CRM, and AI. Particularly exciting: the use of Conversational AI and Next Best Action engines.
Understand How Banks Use Merchant Recognition to Enhance Transaction Data, Reduce Service Costs, and Delight Customers with Smart Analytics Why Banks Should Embrace Merchant Recognition Now Imagine your customers open their banking app and, instead of cryptic codes like “REWEGRP001BERLIN” or “AMZN*MKTPLC DE“, finally see plain language: “Rewe, Berlin, Groceries” or “Amazon Germany, Online Shopping.”
What Is Incentive Management in Banking? Incentive management refers to the targeted allocation of monetary or points-based rewards to trigger desired customer behavior. In the banking sector—especially in the credit card business—it’s a proven method to: Increase card activation rates Promote regular usage Reactivate dormant users Win back customers at risk of cancellation With the
Generative AI is on everyone’s lips – and the pressure to deploy the technology productively is growing every day. Executives across Europe are facing the same question: How can we leverage the efficiency and potential of Gen AI without falling into the traps of GDPR, data protection, and uncontrollable risks? The concern is valid. Many