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Rutger van Faassen
Head of Market Strategy at Curinos
BROOKLYN, United States
Retail Banking Thought Leader helping FinTechs, Banks and Credit Unions make optimal decisions.
Head of Market Strategy and host of Curinos (F)insights podcast. Startup advisor, mentor and coach.
Available For: Advising, Consulting, Speaking Travels From: New York City Speaking Topics: Fintech, Consumer Banking, Innovation
Speaking Fee
$1,500 (In-Person), $750 (Virtual)
Rutger van Faassen
Points
Academic
0
Author
151
Influencer
242
Speaker
68
Entrepreneur
0
Total
461
Points based upon Thinkers360 patent-pending algorithm.
Three Key Banking Themes in 2023
December 28, 2023
The Evolving Housing Market and Shift in Consumer Spend Trends
December 28, 2023
What’s the “Biz” in Small Business? Webinar
December 28, 2023
Featured Topics
Key trends in FinTech
The current trends at the intersection of Financial Services and Technology that are shaping the market for consumer finance. Topics such as Artificial Intelligence, Personalization and Predictive Analytics all play a role in how the customer engagement with financial services is evolving.
Futures Thinking for Consumer Finance
By using a combination of facts and creativity to paint a picture of what possible futures can look like and then leverage that to determine what actions we should take today and tomorrow to be ready for the factors that will drive our future. As Bill Gate said: "We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten."
Leveraging Data and Analytics to make better Banking decisions
How can Financial Services providers leverage data and analytics to make better decisions by first determining their competitive position and then leveraging predictive analytics to optimize decision making.
What’d I miss? News and Insights that got noticed - Week 1
Linkedln
January 05, 2024
Key themes this week (December 29 - January 4)
HSBC Takes On Revolut, Wise With New Forex App for Non-Customers
Starbucks accused of manipulating app payments for $900 million profit
Chase UK aims for profitability in 2025
Quarter of UK BNPL users charged late fees
How Credit Unions Can Make the Most of 2022’s Uncertain Market
Credit Union Times
August 22, 2022
Not a day goes by without a new wrinkle being added to the furrowed brow of 2022’s market outlook. Even as the U.S. job market remains strong and employers strive to match wages with the rising cost of living as well as meet demands caused by the Great Resignation, daily headlines bearing new dimensions of uncertainty have left consumers and financial institutions equally rattled.
Deposit Behavior Can Predict HELOC Utilization
Curinos
June 28, 2022
The home equity market is roaring back to life, with more growth expected through this year and beyond. Cash-out refi is shifting back to home equity as mortgage rates rise and customers seek to preserve low first-mortgage rates. At the same time, high home prices have created new equity to tap, both for current and new home equity borrowers.
Indeed, home equity already makes up more than half of new applications this year and originations are up 40% from 2021.
This all seems like good news for lenders, but there are headwinds. Curinos believes that lenders who hold the HELOC applicant’s deposits will be well-positioned to navigate these challenges because they can better assess the customer’s financial well-being and credit need.
Can Credit Unions Reinvent Themselves for the Future?
Linkedln
November 18, 2021
With a diluted identity and lackluster digital tools, credit unions risk losing their competitive edge in the marketplace.
Credit unions have evolved dramatically since their arrival in North America in 1901 when the first deposit was made for 10 cents into The People’s Bank of Levis, actually the Quebec home of a Canadian journalist.
Rutger Responds: Key Take-aways from FinovateWest Digital
Finovate
December 23, 2020
Like many of you, I am still getting used to the virtual conference format. We all miss the in-person networking and engagement with conference participants; however, the saved travel time is an excellent perk. With the platform open for two weeks, I was able to get a couple of additional sessions in that I would have most likely missed in the pre-Covid world. I did find it challenging to keep 100% focused on the conference as my day to day business would find its way into my field of attention. After watching all the demos and many of the other sessions, here are my overall observations and key take-aways from the conference…
Banks adapting to post-COVID-19 world overlook power of data
Linkedln
August 27, 2020
Banks re-evaluating business models to incorporate new strategies and remote capabilities in a post-COVID-19 world should not overlook the role data and artificial intelligence (AI) play in fortifying customer relationships and better meeting their needs.
Banks adapting to post-COVID-19 world overlook power of data
Fintech Futures
August 14, 2020
Banks re-evaluating business models to incorporate new strategies and remote capabilities in a post-COVID-19 world should not overlook the role data and artificial intelligence (AI) play in fortifying customer relationships and better meeting their needs.
Importance of Actionable Insights in Uncertain Times
Linkedln
March 18, 2020
The COVID-19 virus is spreading and everyone is looking to understand how this will impact their business and their customer’s lives.
As things change in a rapid pace, and will continue to change over the foreseeable future, having access to market insights will help your financial institution to make crucial decisions.
Stay on Top of Your Credit Score to Avoid Unwelcome Surprises
Linkedln
February 11, 2020
I’m always grateful during the holidays for the chance to relax, recharge and spend time with family. All that downtime also gives me a great chance to get caught up on all the little tasks I’ve been neglecting. This holiday season, I really wanted to tackle a personal finance checkup
Money20/20 USA: Seven key takeaways and how to prepare your business
Fintech Futures
November 12, 2019
Rutger van Faassen, VP of consumer lending at Informa Financial Intelligence, shares his impressions and actionable insights from the recent Money20/20 USA event in Las Vegas.
Changing Expectations in Consumer Lending
Linkedln
June 03, 2019
The aftermath of the 2008-2009 financial crisis led to a dramatic reduction in consumer loans. Defaults and deleveraging by consumers, coupled with stricter underwriting criteria from banks, resulted in a dramatically different post-crisis lending landscape.
Opinion Are banks ready for an uptick in HELOC applications?
National Mortgage News
November 15, 2017
Rising home prices and a market in which many homeowners are reluctant to sell or refinance means HELOCs will continue to remain an attractive loan product. Especially for younger borrowers, who are more likely to be both current and future users of home equity lines of credit than either Gen-Xers or baby boomers.
HELOCs: The Untapped Opportunity for Growth and Profits
The M Report
November 25, 2016
These are interesting times for HELOCs. Home prices have risen sharply. As a result, home-equity wealth has doubled during the last five years to $13 trillion according to CoreLogic. Home prices are expected to continue increasing in 2017. This coupled with growing originations have led to renewed interest in home equity portfolios from bankers seeking new profit centers.
What’d I miss? News and Insights that got noticed - Week 16
Linkedln
April 19, 2024
Key themes this week (April 12 - April 18)
Gen Z wants personalized products and services that are easier to consume on their mobile devices
[POLL] 83% agree with Gen Z on wanting ALL banking products on the phone
Romania's Salt goes live with Starling's SaaS platform
US neobank Mercury enters consumer banking market with Mercury Personal
What’d I miss? News and Insights that got noticed - Week 15
Linkedln
April 11, 2024
Key themes this week (April 6 - April 11)
Credit fintech Petal agrees sale to Empower
[POLL] 38% Tie between Fintech/Bank combo and stick with my bank
KeyBank scouts for fintech partners
Cross-border fintech stands out in Y Combinator’s Winter 2024 cohort
What’d I miss? News and Insights that got noticed - Week 14
Linkedln
April 05, 2024
Key themes this week (March 29 - April 4)
Chase Will Let Advertisers Offer Customers Targeted Offerings
[POLL] 31% Tie between not interested and already on my phone
Amazon abandons grocery stores where you just walk out
PayPal pursues pricing power
What’d I miss? News and Insights that got noticed - Week 13
Linkedln
March 29, 2024
Key themes this week (March 22 - 28)
[POLL Result] Banks/CUs preferred providers of aggregation of all your finances
NVIDIA Unveils AI-Powered Humanoid Robot Project
BofA rolls five apps into one
OpenPipe raises $6.7M to help companies reduce costs for LLM models
What’d I miss? News and Insights that got noticed - Week 12
Linkedln
March 22, 2024
Key themes this week (March 15 - 21)
[POLL Result] In-store payment preference for digital wallets more than 50%
The Apple Pay Threat Facing Banks
Apple is reportedly exploring a partnership with Google for Gemini-powered feature on iPhones
Ramp CEO says the fintech startup is just scratching the surface
What’d I miss? News and Insights that got noticed - Week 11
Linkedln
March 15, 2024
Key themes this week (March 8 - 14)
US neobank Oxygen switches focus from banking to health insurance
Apple just hinted at its AI plans, and they could be game-changing
Starling Bank appoints OVO head as new CEO
Without Saying a Word, Taylor Swift Just Taught Everyone a Masterclass in Smart Business
What’d I miss? News and Insights that got noticed - Week 9
Linkedln
March 01, 2024
Key themes this week (February 23 - 29)
Apple begins sharing BNPL data with Experian
Amazon expands smart carts pilot
CFPB may take legal action against Block
Capital One-Discover deal carries $1.38B termination fee
What’d I miss? News and Insights that got noticed - Week 8
Linkedln
February 23, 2024
Key themes this week (February 16 - 22)
Monzo Aims for £4 Billion Valuation as Biggest Challenger Bank in UK
Capital One Is Buying Discover Financial
An Apple smart ring could be coming soon
Velmie Launches Customizable Business Banking Platform
What’d I miss? News and Insights that got noticed - Week 7
Linkedln
February 16, 2024
Key themes this week (February 9 - 15)
Pagaya secures five-year $280m credit facility led by BlackRock
Monzo reaches nine million customer milestone
European banks are challenging the challengers
Nearly a Third of Loyal Shoppers Would Switch Merchants for More Personalized Card-Linked Offers
What’d I miss? News and Insights that got noticed - Week 6
Linkedln
February 09, 2024
Key themes this week (February 2 - 8)
Banorte launches bineo, the first completely digital bank in Mexico
B2B finance automation platform Ramp acquires Venue to revamp procurement product
Atlantic Money set for launch in North America and Australia
PSCU/Co-op Solutions Unveils New BNPL Option for Credit Unions
What’d I miss? News and Insights that got noticed - Week 4
Linkedln
January 26, 2024
Key themes this week (January 19 - 25)
Amazon Employees Debate Idea of Charging for Alexa
SoFi Launches Small Business Financing Marketplace
PayPal First Look - Six new innovations to revolutionize commerce
Objectway buys Canada's Nest Wealth
What’d I miss? News and Insights that got noticed - Week 3
Linkedln
January 19, 2024
Key themes this week (January 12 - 18)
* Fiserv seeks special purpose bank charter
* Elon Musk issues ultimatum to Tesla: give me more shares or AI and robotics development stops
* JP Morgan CEO Jamie Dimon Says 'Satashi' May Erase Bitcoin Supply Limit
* Apple Changes Its App Store Policy. Critics Call the Moves ‘Outrageous’
What’d I miss? Top 5 posts that got noticed in 2023
Linkedln
December 31, 2023
These are the posts I shared in LinkedIn that caught the most attention during 2023.
And in true end-of-year fashion I am doing this as a countdown and a look-forward to what this means for 2024
What’d I miss? News and Insights that got noticed - Week 51
LinkedIn
December 22, 2023
"...In searching for a buyer for its share of the partnership, Goldman will face pressure from bidders to reduce the value of its stake in order to make the price more attractive, according to two sources familiar with the matter who declined to be identified discussing potential talks…”
What’d I miss? News and Insights that got noticed
LinkedIn
July 14, 2023
The writers’ copyright suits accuse the corporations of illegally training their open-source AI models with text from the authors’ books without consent
Money20/20 USA | 7 Key Take-aways & How to Prepare Your Business
Linkedln
November 08, 2019
The experience of attending Money20/20 for the first time was overwhelming in the best way – so many compelling sessions to attend….so little time to attend them all! Great ideas and insights were shared leaving me with an abundance of food for thought. It took some time to digest this avalanche of information, but below is a collection of my thoughts and key take-aways about the future of money.
Who Are The Top 50 Fintech Influencers To Follow?
AIThority
December 19, 2023
After extensive research of more than 25 hours, this is the best of the best list I could have ever prepared.
Well here is a complete well-researched list of the Top 50 Fintech Influencers. Below is the name list along with their LinkedIn profiles by which you can directly follow/connect with them. The following list has been prepared in descending order of their followers on LinkedIn.
The Ultimate FinTech Influencer Guide 2023
Marcel van Oost - Connecting the dots in FinTech
April 19, 2023
For this report, I summarized a list of people I think you should follow on LinkedIn to stay up to date on industry news and updates. I follow every single one of them and really enjoy their content.
I didn’t want to make it a contest with a ranking (I’ll leave that up to you to decide for yourself) so decided to list them in alphabetic order.
Why Banks Must Embrace The Digital Lending Revolution To Safeguard Their Business & Address Systemic Credit Gaps By Harnessing A Maturing Tech Stack. Is Lending As A Service A Game Changer For Banks?
Finovate Fall 2023
September 13, 2023
Rising household debt balances in the US, coupled with a long and painful loan application and fulfillment process, indicate a need for change in the lending industry. A mobile-first approach and the use of big data can help lenders address these challenges and safeguard their business. This article explores the lending landscape, identifies key challenges, and proposes solutions that lenders can adopt to transform their business and better serve consumers. The article discusses the benefits of a mobile-first strategy, including improved convenience and speed, as well as the use of additional data sources to provide a more holistic view of borrowers and their ability to repay. The article also considers the different options lenders have for building, buying, or partnering to implement these changes. By embracing mobile and big data, lenders can transform the lending process, improve the customer experience, and increase their market share.
Power Panel: How Will New Technologies, New Competitors And New Business Models Shape The Future Of Payments? And Why Data Really Matters
Finovate Spring 2023
May 25, 2023
Leveraging Tech to Streamline Loan Processes in a Volatile Economic Climate
Lightico
May 23, 2023
Our panel of experts will share their insights and experience on how banks should leverage digital technology to improve customer service, reduce loan processing time, and increase efficiency while minimizing risk to improve the overall loan origination and servicing customer experience.
The Super App Revolution: Uber & PayPal Are On Track To Become The First US Super Apps: Can Your Services Compete?
Finovate Fall 2022
September 13, 2022
Rutger van Faassen (moderator) - Head of Innovation & New Markets, Curinos
Xavier Gomez - Founder & Chief Operating Officer, INVYO
Christina Bechhold Russ - SVP & Head of Strategic Investment Initiatives, Truist Ventures
Jonathan Alloy - VP Design Thinking, Credit Suisse
2024 Banking Outlook: Planning for Success
Curinos - Apple Podcast
January 23, 2024
Higher-for-longer interest rates are here to stay. The upcoming jump in CD renewals is not a bubble. Lending opportunities are out there. These are but a few of the insights offered in 2024 Banking Outlook: Planning for Success, a podcast featuring Curinos experts executive vice presidents Pete Gilchrist and Brandon Larson; Adam Stockton, head of retail deposits and lending, and Suraya Randawa, head of omnichannel experience.
Using Real-Time Data To Drive Small Business Lending Relationships
Curinos - Apple Podcast
November 15, 2023
Danae Perkins, senior analyst for small business lending at Curinos, shares insights on how banks and credit unions can better utilize data to connect with small-business borrowers and manage risks inherent in a high-rate environment.
Even With Fed Rate Pause, FIs Will Keep Jockeying On Deposit Prices
Curinos - Apple Podcast
November 02, 2023
Adam Stockton, head of retail deposits and lending at Curinos, offers his take on what the Fed hold steady on rates means and he points out where some institutions are finding opportunities in today's difficult environment.
How An Innovative Credit Union Is Approaching Customer Segmentation
Curinos - Apple Podcast
October 25, 2023
David Eldred, chief experience officer at Solarity Credit Union in Washington state, details his institution's approach to segmentation and the key lessons they've learned along the way.
EPISODE 131: THE SMART USE OF DATA IN UNCERTAIN ECONOMIC TIMES
Bankadelic: The colorful side of finance
October 18, 2023
Economists and financial services pros alike were caught off guard by the staggering pace of interest rate hikes and the ways consumers scrambled to find new financial relationships. But bringing data to the task -- and to drive financial inclusion at the same time -- can help financial institutions gain a foothold amidst the chaos. Enter Rutger van Faassen and Adam Stockton of Curinos to help us make sense of it all -- and point the way forward for lenders and leaders in banking.
Better Deposit Pricing For Smaller Banks And Credit Unions
Curinos - Apple Podcast
October 11, 2023
Agusta Patton, Head of Markets Client Solutions at Curinos, discusses today's challenging deposit-pricing environment and explains how data-driven insights generated by Curinos' new Deposit Optimizer Essentials solution, launching October 18th, can help smaller institutions price right and increase profitability.
There's No Time For Delay In Getting Ready For 1071
Curinos - Apple Podcast
September 27, 2023
Lindsay Burkhalter, director of small business solutions at Curinos, explains risks that banks and credit unions face if they are not diligent now in preparing to collect, analyze and report data on lending to minority-owned, women-owned and small businesses.
Are Some Banks Misjudging The Deposit Repricing Cycle?
Curinos - Apple Podcast
September 21, 2023
Peter Serene, head of commercial, and Adam Stockton, head of retail deposits, explain why they believe some institutions may have an overly optimistic outlook about when deposit prices will reach their peak.
Why Digital Differentiation Matters For Acquiring New Customers
Curinos - Apple Podcast
September 13, 2023
Olivia Lui, product marketing innovation expert at Curinos, digs into our recent research on how and why customers choose their primary banking relationship, and what that means for institutions as the digital banking channel grows in importance.
The Fed’s Latest Bump: Higher-For-Longer Will Tighten Squeeze On Bank Profits
Curinos - Apple Podcast
July 27, 2023
Peter Serene, Managing Director of commercial at Curinos, explains how this week's 25bp rate increase will reprice more deposits and further narrow NIM in both retail and commercial.
Rob Chrisman On Today’s Challenges In The Mortgage Market
Curinos - Apple Podcast
July 24, 2023
Consultant Rob Chrisman and Curinos' Rich Martin join the (F)insights podcast to share thought-provoking insights into today’s highly challenging mortgage market.
Tags: Customer Experience, Digital Transformation, FinTech
Journey Across the Digital Landscape
Curinos - Apple Podcast
June 29, 2023
Suraya Randawa, Head of Omnichannel Experience here at Curinos, joins host Rutger van Faassen to discuss digital journeys and her latest article in the Curinos Review “Capturing The Next Generation Means Engaging Them Now."
Tags: Customer Experience, Digital Transformation, FinTech
Finding Massive Opportunity in Precision Pricing
Curinos - Apple Podcast
June 21, 2023
Director of Consumer & Small Business Lending Lindsay Burkhalter joins host Rutger van Faassen to discuss Curinos’ recent Perspective “Precision Pricing in Small Business Lending,” co-written by Lindsay and Adam Lee Purvis (Director, Real Estate & Consumer Lending).
Rate Hike Pause: What does it mean for Financial Institutions?
Curinos - Apple Podcast
June 15, 2023
Managing Director Adam Stockton joins host Rutger Van Faassen to discuss the positives and negatives as the Fed moves to pause rate hikes. Read more insights on the latest announcement here: https://curinos.com/our-insights/curinos-perspective-fed-announces-pause-rate-hikes/
2023 CMO Summit Key Take Aways
Curinos - Apple Podcast
May 24, 2023
On the back of Curinos’ 2023 Chief Marketing Summit, Rutger speaks with Executive Vice President of Omnichannel Sales and Experience, Brandon Larson on key takeaways.
Not All Deposits Are Created Equal
Curinos - Apple Podcast
May 11, 2023
Director of Retail Deposits Adam Stockton and Director of Commercial Peter Serene join host Rutger van Faassen to discuss all things deposits in light of recent market changes.
Fed Hikes Again – Implications for Small Businesses
Curinos - Apple Podcast
May 04, 2023
Manager of Small Business Lending Strategy Bryan Snyder joins host Rutger van Faassen to discuss the implications of the recent fed hike on small businesses.
Viva Las Vegas! Insights from CBA Live 2023
Curinos - Apple Podcast
March 31, 2023
Live from one of finance’s biggest events, Curinos' Rutger van Faassen chats with industry experts on key topics in today’s industry. Hear from Mike Shepard (U.S. Bank) and Matt Cammarota (Liberty Bank) on what’s top of mind for 2023.
New Digital Banking Tools Can Encourage Good Financial Habits
Curinos - Apple Podcast
February 08, 2023
Join us as Suraya Randawa, head of omni channel experience at Curinos, speaks about how new digital banking tools can do more than just tell customers their credit score.
Tags: Customer Experience, Digital Transformation, FinTech
The Social Importance of Financial Services
Curinos - Apple Podcast
January 25, 2023
Join us as special guest Theodora Lau, founder of boutique consulting firm Unconventional Ventures and author of Beyond Good: How Technology is Leading a Purpose-driven Business Revolution, speaks about how financial services can contribute to a more inclusive society.
How To Make Bank Branches Relevant In 2023
Curinos - Apple Podcast
January 11, 2023
Join us as Andrew Hovet, director of distribution and sales performance, discusses ways that bank branches can stay relevant even as transactions decline.
Best Peer-to-Peer Lending of December 2023
U.S. New & World report
December 14, 2023
More flexible qualification requirements than other types of loans. P2P marketplaces are usually open to everyone, including borrowers with short credit histories, low credit scores or high DTI ratios. Marketplaces can offer more flexibility because they "don't necessarily hold the risk; they are matchmakers," says Rutger van Faassen, innovation and new markets, industry ecosystems executive at data provider Curinos.
'It goes beyond just translating': How bank products become bilingual
American Banker
July 05, 2023
The U.S. Hispanic population is the country's largest minority group and it's growing fast. But surprisingly few financial institutions have adapted their digital products and services to speak their language.
Banks vs. credit unions: How to decide where to keep your money
Bankrate
June 09, 2023
Credit unions are not-for-profit organizations owned by their members. “That’s the main difference between (banks and credit unions),” says Rutger van Faassen, head of marketing strategy at analytics provider Curinos. Credit unions typically provide better savings and lending rates, van Faassen says.
How Can You Remove Collections From Your Credit Report?
U.S. New & World report
March 16, 2023
After you file a dispute, there's a reverse burden placed on the credit bureau to prove that the information on your report is accurate, says Rutger Van Faassen, a former lending executive who is now head of market strategy with Curinos, a firm that provides financial industry insights.
WSJ - What Is a Good Credit Score?
The Wall Street Journal
March 13, 2023
“Each of these scoring agencies has their own secret sauce: their algorithm,” says Rutger van Faassen, head of market strategy for Curinos, a financial industry analytics firm. Since no two scoring agencies use the same “sauce,” your score can vary depending on the agency.
How to Spot a Good Deal When Shopping for a Home
Money
February 06, 2023
The uptick in buyer activity is a result of mortgage rates dropping by nearly 1 percentage point since early November. Some buyers who found themselves priced out of the market late last year now have an incentive to buy, says Rutger Van Faassen, head of marketing strategy at data intelligence firm Curinos.
“[When] rates come back just a little bit, that puts people back in the game,” Van Faassen says.
Regulatory scrutiny of M&A hinders competition, benefits largest banks – experts
S&P Global Market Intelligence
January 12, 2023
The prolongment of deal closing periods is more a function of regulators focusing on protecting consumers and not a result of wanting to stifle competition, said Rutger van Faassen, head of market strategy at Curinos.
"The pendulum swings back and forth as there's different power in Washington," van Faassen said. "In banking, we just have seen that it's taking longer to get the approval, but there haven't been clear cases yet where they say, 'No this is not allowed, and this is all because it's hurting competition.'"
BNPL Providers Building Rewards Programs to Compete
Native American Financial Service Association
August 12, 2022
Recently, with several buy now/pay later (BNPL) fintechs’ valuations having collapsed and a proposed merger falling through, many BNPL providers are launching rewards programs. Although the dollar value of rewards for smaller BNPL purchases is less than that of credit card loyalty programs, which can provide two to five percent cash back for purchases in certain categories, even a minor reward can appeal to consumers who may not have access to credit card perks.
“Rewards could play an important role in marketing BNPL services to underbanked people who aren’t accustomed to earning any rewards,” said Rutger van Faassen, an analyst with market research firm Curinos, according to American Banker.
Rampant cyber fraud targeting fintechs is testing banks' risk controls
S&P Global Market Intelligence
June 01, 2022
Different from the traditional underwriting model relying on credit scores, Grain's model takes into consideration broader payments records, not just the ones being reported to credit bureaus, said Rutger van Faassen, head of product and market strategy at financial data and consulting firm Curinos Inc. The goal is to extend credit to borrowers with lower or no credit scores.
Leveraging QR Codes for Mobile Marketing & Payments in Banking
The Financial Brand
April 06, 2022
“The QR code is very versatile, and just like anything digital, it got a big boost during the pandemic,” says Rutger van Faassen, an analyst specializing in innovation and new markets for Curinos, in an interview with The Financial Brand. “Think about how we now use it to pull up menus. And then you think about the Coinbase Super Bowl ad. It has gone a bit mainstream, now most people know what to do with a QR code.”
FDIC researchers say tech-savvy banks outperformed on PPP loans
American Banker
February 28, 2022
Banks that operate more like fintechs outcompete their more traditional competitors on certain financial products, researchers at the Federal Deposit Insurance Corp. found.
Cryptocurrency regulations needed now, insiders say
Capital.com
February 10, 2022
Rutger van Faassen, head of innovation, new markets, and industry ecosystems at New York-based data intelligence firm Curinos, said regulations are in flux globally as governments try to figure out which ministries crypto should fall under.
“That’s probably the starting point right there – it doesn’t squarely fit in anyone’s box,” said van Faassen, whose firm advises financial institutions.
The blockchain’s decentralised nature “clashes automatically with a centralised regulator,” making it more difficult for regulators to oversee crypto and “put themselves in the middle.”
Is crypto mining the next home heating trend?
Capital.com
February 08, 2022
Large-scale crypto mining operations have come under heavy criticism and regulatory scrutiny due to their large physical size and high energy requirements.
“I think (crypto mining) has created a lot of innovative solutions,” van Faassen said. “A lot of new ways of using renewable energy have actually poured into the crypto mining space. There was always that kind of stuff where (people say) ‘Oh, yeah, mining bitcoin takes as much energy as the Netherlands or Sweden uses in a year’.”
“But I think there have been a lot of developments there to say, ‘Hey, how can we do this in a renewable fashion?’ How can we mine and still not waste a lot of energy and (not) use energy that’s polluting?”
Fintech M&A deal tracker: Push to bundle, create 'super app' drives transactions
S&P Global Market Intelligence
January 06, 2022
"That sort of one-trick-pony or the solving-one-use-case is great to acquire people, but to keep them I think you need to keep adding things to it," said Rutger van Faassen, head of product and market strategy at financial data and consulting firm Curinos. "Then they also realize you can't really build everything. Sometimes it's smarter to just partner or acquire."
Fintechs scooping up banks to clear regulatory hurdles, accelerate growth
S&P Global Market Intelligence
December 20, 2021
The complexities of bank partnerships can worsen once the fintech passes the initial customer acquisition phase and seeks to expand beyond selling a single financial product. The push into new areas can lead to multiple partnerships for different functions, which increases costs for operations and compliance, said Rutger van Faassen, head of product and market strategy at financial data and consulting firm Curinos.
Growth-hungry banks see opportunity in home renovation boom
American Banker
October 20, 2021
As Americans continue to spend big on home improvement projects, banks are seizing the opportunity — both by embracing organic loan growth and by acquiring lenders focused on the renovation niche.
Three Key Trends Dominating the Auto Lending Landscape
The Financial Brand
October 12, 2021
This digitally-powered trend provides a big opportunity for traditional auto lenders to associate themselves with these platforms, says Rutger van Faassen, an analyst at data and consulting firm Curinos, which advises financial services companies.
“Community banks and credit unions need to make it a priority to have conversations with these online platforms, just like they are looped in with the F&I manager at dealerships,” van Faassen says, referring to finance and insurance managers.
Mexican fintech expanding into U.S. to finance crossborder trade
American Banker
August 17, 2021
Traditionally, companies that engage in U.S.-Mexico trade rely on specialized import-export financers or perhaps universal banks, said Rutger van Faassen, head of product and market strategy at
Curinos, a data and consulting firm for financial institutions. “In general, small businesses have been
underserved everywhere, around the world,” van Faassen said.
Banks to offer credit cards to people without credit scores
CNBC
May 19, 2021
“There’s always been a little bit of a catch-22 in the way the system has worked,” said Rutger van Faassen, head of product & market strategy for FBX at Informa Financial Intelligence. “You have to have a good credit score to get credit, right?”
Pay It Plan It From American Express: How to Use It
U.S. New & World report
April 28, 2021
Either option can serve two types of credit card customers, says Rutger van Faassen, vice president of consumer lending at Informa Financial Intelligence, a global intelligence analyst firm for retail bankers. "Transactors, who use their credit card to pay transactions and at the end of the billing period will pay off the outstanding balance, (and) revolvers, who hold a revolving balance at the end of the billing period."
The Pay It feature helps you keep your credit card balance low by quickly making payments through your American Express app. This option can be useful for either type of credit card user.
On the other hand, van Faassen says, Plan It is helpful for people who need to essentially take out an unsecured loan and repay a large purchase in monthly installments. You'll pay a fixed monthly amount through Plan It, including a baked-in fee, and you won't be charged interest on that purchase.
2021: The Year of Uncertainty
DeBanked
January 07, 2021
Another pandemic-driven change is that lenders have had to tweak their risk modeling. Everyone understands the economy is not in the greatest spot, but their challenge in 2021 will be developing a way to assess future losses in the absence of a baseline, says Rutger van Faassen, head of product and market strategy for the benchmarking and omnichannel research group at Informa Financial Intelligence.
Consumer behaviors have changed, for instance. So even though the pandemic will end, it’s too soon to say what the structural impacts on an industry will be and how that affects the desirability of lending to especially hard-hit businesses, such as restaurants, cruise lines and fitness centers. “Clearly the behavior that everyone is showing right now is because of the pandemic. The question is: how will people behave once the pandemic ends,” he says.
“In the meantime, a lot of lenders will have to do more in-the-moment decision-making, until we get to a point when we’re truly in a new normal, when they can start recalibrating models for the longer-term,” he says.
Marketing to the Next Generations
ABA Bank Marketing
January 05, 2021
Rutger van Faassen, vice president for consumer lending at Informa Financial Intelligence, a banking research firm, says that both of these younger generations show different behaviors and preferences. “They both are very comfortable with digital engagements and specifically mobile engagement,” van Faassen says. “Providing ways to engage with their finances through a mobile device is one of the ways banks engage with these generational groups.” Example: JP Morgan Chase has expanded its personal financial management snapshot tool to provide new insights to customers. These insights include debit and credit card usage, monthly cash flow and category spend tracking, which van Faassen believes will appeal to the savings-savvy young customers.
How Will Increased Privacy Regulation Affect Bank Marketing?
ABA Bank Marketing
November 03, 2020
Some financial institutions and third parties are hoping to sidestep regulations by steering clear of certain sensitive data. Rutger van Faassen, vice president of consumer lending for Informa, says that when it comes to capturing customer data, “We gather actionable data from lenders, no account or Social Security numbers. We’re looking for one-on-one targeting . . . the idea of the Holy Grail of the perfectly personalized offer.”
A crisis may spell opportunity, but it’s still a crisis. Look for digital acceleration and further consolidation as the post-Covid world takes shape
Global Finance
June 15, 2020
Online-only startups may ultimately team with private banks rather than challenge them for multimillion-scale fortunes. “You’re seeing more and more fintechs starting to rent out their platform,” says Rutger van Faassen, vice president of Consumer Lending at Informa Financial Intelligence in New York. “It’s a way to keep costs to a reasonable level.”
How Do Business Credit Card Balance Transfers Work?
Yahoo Finance
April 21, 2020
"Mixing business and personal finances can get complicated, especially if others are involved in your business or personal finances," says Rutger van Faassen, vice president of consumer lending at the research firm Informa Financial Intelligence.
Checking the Pulse: Home Equity Leading Trends & Insights
CBA LIVE
September 30, 2020
Informa will share their latest data on home equity lines and loans. National and regional
level market analysis will be presented.
In this session, you will learn:
* Valuable industry insights from near real time origination and portfolio performance
market data;
* How to leverage insights gained from competing in today's ever-changing home
equity market;
* Metrics surrounding: origination growth, product and geographic performance,
operational trends, competitive rate environment, branch productivity, portfolio performance and more
Leveraging Technology to Enhance the Customer Experience
CBA LIVE
April 04, 2017
The lending industry is failing to adopt new technologies and lagging behind. Join us to find out why process automation and artificial intelligence platforms pose the biggest threats and what the future of business processes holds. Institutions have the opportunity to improve processes and reduce operating costs, but they must leverage Big Data analytics and customer best practices. Explore the new emerging technologies and how to maximize their benefits.
Back to the Future: Home Equity Innovation
CBA LIVE
March 17, 2016
When was the last time you remember a rising rate environment? How about when lenders could focus on innovation? Just like Marty McFly, home equity to think about how to get back to the future. How will customer needs change in a rising rate environment? As Millennials become home owners, what will they be looking for? How can we innovate to improve the customer experience, improve efficiency, and streamline the process? This session will explore these opportunities and other emerging trends
Fintech Fridays w/ Rutger van Faassen, Curinos
FinLocker
November 03, 2023
Interested to know how your mortgage company stacks up against the competition?
On today’s Fintech Fridays podcast ️ Brian Vieaux is joined by Rutger van Faassen, Head of Market Strategy with Curinos. Discover the secrets to success as Rutger unveils how mortgage lenders, banks and credit unions can effectively acquire and analyze competitive intelligence. This episode dives deep into benchmarking your company based on critical factors like cycle time, application and locks pull-through rates, mix of applications, and the weighted average market price. Moreover, Rutger will discuss how geographically dissecting this data to create region-specific benchmarks can provide valuable insights for your business.
Three Key Banking Themes in 2023
Nasdaq TradeTalks
January 31, 2023
Curinos Head of Market Strategy Rutger Van Faassen joins Jill Malandrino on Nasdaq TradeTalks to discuss the three key banking themes in 2023. (Outlook2023)
The Evolving Housing Market and Shift in Consumer Spend Trends
Nasdaq TradeTalks
May 31, 2022
Head of Innovation & New Markets Industry Ecosystems Curinos Rutger van Faassen joins Jill Malandrino on Nasdaq #TradeTalks to discuss the evolving housing market and shift in consumer spend trends.
Rutger Responds to Suraya Randawa, Head of Omnichannel Experience
Curinos
January 10, 2022
Curinos Head of Omnichannel Experience Suraya Randawa, joins our Head of Product Innovation & Market Strategy Rutger van Faassen, to discuss financial industry hot topics, including Amazon’s move to ban Visa, BNPL web browser extensions and Nike buying virtual shoe company RTFKT.
Rutger Responds | Helping FIs overachieve digital growth, mergers and launching digital platforms
Curinos
October 05, 2021
Rutger sits down with Horizn's SVP of Global Sales Steve Frooke to discuss how he is helping FIs overachieve their digital growth, merger activities and launching new digital platforms.
Rutger Responds | The end of checks, branch challenges, changing customer experiences
Curinos
September 13, 2021
Every few weeks our Head of Product & Market Strategy at Curinos, Rutger van Faassen, catches up with a market specialist to discuss the three most pressing matters occurring in a particular area. This week, Mahwish Mahmood, Director of Operations CXR, addresses 3 questions: 1) Are banks doing away with checks? 2) How are bank branches being impacted as opening and customers returning 3) Has customer experience changed in the long term with the pandemic continuing?
Rutger Responds | Housing market pressures: Low rates, inventory rebounds, the end of forbearance
Curinos
August 23, 2021
Every few weeks our Head of Product & Market Strategy at Curinos, Rutger van Faassen, catches up with a market specialist to discuss the three most pressing matters occurring in a particular area. This week, Brandonn Dukes, EVP of Real Estate & Consumer Lending, discusses how overall rates, an inventory bounce-back, and the long shadow of the end of forbearance are shaping US mortgage markets.
What’s the “Biz” in Small Business? Webinar
Curinos
August 30, 2022
Join Curinos’ own Lindsay Burkhalter and Rutger van Faassen for a robust discussion on the current ‘biz’ in Small Business Lending! Learn how economic factors are affecting market opportunity and how we can help you capture your share in this challenging environment.
All The Answers
Consumer Bankers Association
October 21, 2020
Well, of course we don’t have all the answers… but, we can provide Lenders and Investors the tools and approach needed to navigate this pandemic environment with success. Our insight and expert analysis in the consumer lending industry will help you better understand how to move your company forward into 2021 with precision and confidence.
How digital disruption is changing the banking landscape
Consumer Bankers Association
October 16, 2019
Move beyond protecting your customer base in survival mode… to thriving in 21st century banking. From passive to active; digital communication and personal engagement is paramount to growth in the new economy. Learn how the digital banking innovators and leaders across the globe are transforming how customers are served, where and when they want to be served. The experts at Informa Financial Intelligence will uncover the mobile and desktop banking capabilities and user experiences that are habitually resonating with your retail and small business customers.
Tags: Digital Disruption, Digital Transformation, FinTech
Checking the Pulse of the Home Equity Market: A 2019 Midyear Update
Consumer Bankers Association
August 14, 2019
In this midyear market update, Informa Financial Intelligence will provide valuable industry insights based on near real-time origination and portfolio market data along with feedback from ongoing engagements with clients as they apply these insights to their Home Equity strategies. The discussion will focus on the origination behavior, product and geographic performance, operational trends, and portfolio performance of Home Equity lines and loans.
Experience Counts: Leveraging Intelligent Customer Engagement to Grow Lending and Deposits Portfolios
marcus evans online events
March 01, 2017
Experience has become one of the biggest drivers of customer retention in a mobile-first world where transferring your entire banking relationship can be easier than renewing a driver’s license. To create customer loyalty and prevent attrition in the current environment, banks are leveraging customer analytics for solutions such as customer-centric pricing and multi-channel engagement. Previewing some of the topics on the agenda for Banking Growth Forum 2017, we’ve gathered some of the industry’s leading experts to share their experiences in driving growth through portfolio management and pricing, offer management analytics, and front-line execution and omni-channel customer engagement.
Tags: Digital Disruption, FinTech, Predictive Analytics
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