Performance-based Pricing with FICO® TRIAD®

Document created by Makenna.Brei Advocate on Jul 21, 2017Last modified by Makenna.Brei Advocate on Oct 11, 2017
Version 3Show Document
  • View in full screen mode

 

Performance-based Pricing
Decision Area
What it DoesHow Banks Profit

Performance-based pricing TRIAD.png

  • Control product offering on price
  • Control review timing
  • Best offers go to the most profitable customers
  • Higher rates for more risky customers
  • Anticipate customer needs – reducing attrition
  • Increase use and balances without increasing exposure
  • Customized fee structures
  • Manage affinity programs

Attachments

    Outcomes