Welcome Real-time, the France-based technology vendor, has announced its Welcome Analytics Portal, a new module that adds to its existing Welcome XLS software.
The portal has been adopted by Alpha Bank, Greece’s largest private sector bank, for use with its Alpha Bank Bonus, a points-based loyalty programme.
The Welcome Analytics Portal aims to help banks improve their loyalty schemes.
According to Welcome Real-time, the Welcome XLS software allows businesses to stay connected with their customers and better manage customer databases.
Leonidas Kassoumis, senior manager of consumer financing division of Alpha Bank, said: "The Welcome Analytics Portal helps us to identify opportunities to target promotions both for the bank and our retail partners, encouraging our customers to use their Alpha Bank payment cards more frequently.
"This helps us achieve a much better level of customer engagement that delivers more transactions for the bank, incremental revenue for our retail partners but more importantly, happy customers."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataPhilippe David, CEO of Welcome Real-time, said: "Retail banks desperately need tools that allow them to exploit their big data. The Welcome Analytics Portal mixes both payment and loyalty transactions and transforms them into actionable insights for marketing operators."
David added: "This tool is definitely a must for retail banks that run loyalty coalitions and need BI tools that better serve their loyalty strategy."
Related stories:
Welcome Real-time, Accenture agree joint venture
Fibank launches e-loyalty scheme YES programme
Kazkommertsbank to extend loyalty scheme