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Tag: Financial Services Pricing

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Pricing power is something shareholders crave. Smaller banks such as Bendigo Bank will get a lift from the tax. Photo: Brendan Esposito It refers to a firm’s ability to set prices for the goods and services in the market – to be a “price maker” – rather than to have them dictated by the forces of competition (being […]

Why Old Pricing Models Are Unethical | CPA Trendlines

Why Old Pricing Models Are Unethical | CPA Trendlines

I personally feel that pricing by the hour in arrears is an unethical way to price. Here’s why: When you price by the hour you are not incentivized to be as efficient as possible and get the job done super-fast. In fact, you are directly incentivized to do the task slower. You are incentivized to […]

Unconstrained fixed income sector a ‘pricing shambles’: research | IPE

Unconstrained fixed income sector a ‘pricing shambles’: research | IPE

Pricing in the increasingly popular unconstrained fixed income sector is a “shambles”, according to consultancy bfinance. It said there was “premium pricing confusion”, with fees highly dispersed around a 48bps median and little correlation between prices and the nature of the strategies, such as the amount of risk or the proportion of different types of […]

Mortgage Loan Pricing Optimization for Building Societies | FICO

Mortgage Loan Pricing Optimization for Building Societies | FICO

One of the hottest analytic technologies in mortgage lending is price optimization. This is the application of advanced analytics to pricing strategies, in order to determine the ideal price for every customer that maximizes profitability, given factors such as take-up, affordability, etc. That’s great for banks, but what about building societies and credit unions? If […]

Surge pricing, please don’t turn into a scourge | The New Paper

Surge pricing, please don’t turn into a scourge | The New Paper

Dynamic pricing for taxis may lead to fewer cabbies plying the road for flag-down customers So it looks like nothing is standing in the way of taxi companies imposing their version of “surge pricing” on customers. Last Friday, the Public Transport Council (PTC) and the Land Transport Authority (LTA) issued a statement saying they had […]

Financial dictionary: what does risk-based pricing mean? | Lansing State Journal

Financial dictionary: what does risk-based pricing mean? | Lansing State Journal

Risk-based pricing If you have applied for or researched loans, you may have already heard this term. Risk-based pricing is a practice commonly-used by many lenders, including your local credit unions to describe the total cost of a loan. When a borrower applies and is approved for a loan, it is then “priced” with an […]

No surge pricing now, but a flat-fare structure similar to metered fares soon: ComfortDelGro, Transport | THE BUSINESS TIMES

No surge pricing now, but a flat-fare structure similar to metered fares soon: ComfortDelGro, Transport | THE BUSINESS TIMES

THERE will be no surge pricing for now, but a flat-fare option based on current fare structures will be introduced in two to three weeks’ time for the mobile app users of Singapore’s largest taxi company, ComfortDelGro. This comes even as Singapore’s third-largest taxi company, SMRT, said that it will be introducing surge pricing, which […]

James Hay overhauls pricing structure | Fund Strategy

James Hay overhauls pricing structure | Fund Strategy

James Hay has overhauled its pricing structure across a number of product ranges, set to favour the largest investors. The firm has increased charges for the lowest tiered investment brackets and decreased the fees for the higher band by 0.04 percentage points. For its Modular iPlan portfolio the firm has introduced a new tiered structure […]

The Need For Transparent Pricing Of Bank Services | Bloomberg Quint

The Need For Transparent Pricing Of Bank Services | Bloomberg Quint

Calculating How Much To Charge Banks are arriving at charges in an arbitrary manner, as they lack accurate data on costing. They honestly don’t know what each product or service costs them. Instead, they offer a total cost or a branch cost which is meaningless. What we need from them is to know what the […]

Surge Pricing: Is It Right for Tax and Accounting Firms | CPA Practice Advisor

Surge Pricing: Is It Right for Tax and Accounting Firms | CPA Practice Advisor

Surge pricing: Some call it price gouging, others call it the price of convenience. Still others just call it supply and demand. If you’ve used Uber or one of its competitors in a large city, particularly during peak traffic hours or during special events, you’ve likely paid what is known as surge pricing. But Uber […]