Trust Science’s Post

Join us today as we collaborate with the Credit Research Foundation to bring you an insightful webinar on the customer acquisition process, exploring essential steps and best practices for implementing a digital credit application. Our Enterprise and Strategy Director, Bill James, will be diving deep into his wealth of expertise to provide invaluable insights. Don't miss out! Secure your spot now: https://lnkd.in/evYh5Da3 #CustomerAcquisition #BestPractices #Webinar #ExpertInsights

What's the best way to tell if a small business is growing? Check the receipts..... 💳 With credit card transaction data we can analyze what businesses are growing revenue and which ones are stagnant or shrinking. Interested in eliminating unprofitable sales motions spent on low/no budget prospects?  https://lnkd.in/dNTSyf_X

Building trust doesn’t have to break the bank! 💰✨ Small businesses can foster credibility with simple strategies like sharing customer reviews, engaging with your community, keeping branding consistent, and offering value through useful content. Start making a lasting impression today without overspending! Swipe for actionable tips! 👉 🔗 Follow us for more expert advice on building trust for your business. #SmallBusinessTips #BrandTrust #CustomerLoyalty #CredibilityMatters #ConsistentBranding #ValueDriven #Lamphills #EntrepreneurTips #BuildYourBrand #CommunityEngagement #BrandStrategy

Have you ever wondered if your customers are creditworthy??? Click on the link https://lnkd.in/d25n5YGj to find out how to easily assess customer's creditworthiness. #Creditchek #Creditinsight #Incomeinsight

Hi LinkedIn Network! ❗ Are you looking for consumer credit data for your business? Our innovative platform utilizes data-driven insights to provide instant decisions, which increases consumer confidence and approval rates. With our soft inquiry credit reports, we empower businesses to make smarter, faster decisions. Whether you're a large corporation or a small business, our services are tailored to meet your needs. Learn more about our Consumer Credit solutions today and start making better decisions for your business! Comment interested if you would like more information. #ConsumerCredit #DataDriven #InstantDecisions

Marketing leaders in the banking industry face the challenge of maximizing results with limited resources. After years of rate increases impacting net income growth and budgets, the decreasing rates bring intensified competition for customers and deposits. Join Tom Sullivan and expert marketers from Marketing Doctor Inc. and Rivel Banking Research in a live webinar. Discover strategic solutions to enhance deposit acquisition results by leveraging best practices effectively. Key takeaways include: - Identifying high-potential branch service areas - Utilizing local market research to understand consumer perceptions - Enhancing media impact through research-based strategies - Lowering CPAs and boosting campaign ROI with audience development theory Secure your spot by registering here: https://lnkd.in/gk6JMW2X

Communication channels for customers, inbound and outbound, personalised, where possible is key to positive interactions. #creditweek Credit Strategy we discussed the 80/20 rule of personalisation, ensuring you cover 80% through commercially viable channels, and the 20, that's the growth in contacts you need to convert, Service wise and Marketing. We can help review how you are engaging your customers, the ROI via contact channels and you right party contact rates, to boost your engagement!

Part 2 - Digital Dust: What’s Lurking in Your Processing Fees? As transactions move through your system day after day, small, almost invisible fees can accumulate without you even realizing it. Think of these unnoticed costs as “digital dust”—hard to spot but significant over time. Even if you check your statements, are you catching everything? At Merchant Cost Consulting, we specialize in brushing off this digital dust. Our team has helped clients across various industries save thousands without needing to change their providers. Sometimes, all it takes is a second set of expert eyes to reveal what’s been hiding in plain sight. 📉 Let’s uncover potential savings you never thought possible. Interested in a free, no-obligation analysis? Connect with me here or reach out at [email protected]. And remember: if you’re not in the industry, those hidden fees are harder to see. #DigitalDust #MerchantFees #CostSavings #MerchantCostConsulting

Yesterday I asked ChatGPT why the US going into recession may negatively impact gilts which could drive lifetime mortgage rates up. I then asked it to explain it to me as if I were a 10 year old and this is what it told me. Imagine the World of Money - Countries are Like People: Each country has its own money and economy, kind of like how people have their own jobs and bank accounts. What Happens When the U.S. (a Big Country) Gets Sick? - Recession is Like Getting Sick: When the U.S. goes into a recession, it's like the U.S. is getting sick and its economy isn't doing well. Other Countries Get Worried - People Get Nervous: When a big country like the U.S. gets sick, other countries get nervous because it can affect them too. How People Act with Their Money - Safe Places to Put Money: People want to put their money in safe places. Safe places are like strong banks or government bonds (which are like promises from the government to pay you back later with a little extra). Gilt Rates Explained - Gilt is a Promise: In the UK, a "gilt" is a promise from the UK government to pay back money with a little extra after some years. A 15-year gilt means the UK promises to pay you back after 15 years. Why Would the Promise Pay More? - Higher Payback to Make it Attractive: If people think there might be more problems in the future, they might want more money for lending their money for a long time. So, the UK might have to promise to pay back more money to make people feel okay about giving their money for 15 years. Simple Example - Borrowing Money: Imagine you want to borrow a toy from a friend. If your friend thinks you might lose or break the toy, they might ask for more toys in return to feel safe about lending it to you. So, when the U.S. economy isn't doing well, it can make people worry about the future. They might then want the UK to promise to give them more money back in the future if they lend it now, making the rates for these promises (gilts) go up. If you would like to attend a live market update, please join us in our learning lab live events where myself, Rachel Flanagan and occasionally Mike Miller will walk you through what we see as our challenges and opportunities lie especially in light of the product innovation in later life lending. There is an opportunity to hear from our MD Ben Waugh on his view of the world too. Come and bank some CPD minutes with this and our future Learning Lab Live sessions. I hope to see you at one soon. 💚 #laterlifelending #innovation #marketupdate #gilts #rates #opportunity #equityrelease

In this week’s #FAQfriday, we’re talking about credit management 💪.  Learn how it helps businesses avoid risks, improve cash flow, and build better customer relationships. Stay tuned for next week’s edition!