Daily Archives: May 30, 2013

Business

Market Rates Insight Releases Findings from its New Consumer Study: Growth and Revenue Potential from Emerging Financial Services

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New fee optimization study reveals perceived value of new financial services and how to optimize fees with service bundles to generate new revenue.

SAN ANSELMO, Calif. (May 30, 2013) — Market Rates Insight, Inc., a leader in financial services intelligence for deposits, personal loans, mortgages, and fees, has completed the analysis phase of its latest consumer research and fee optimization study, “Growth and Revenue Potential for Emerging Financial Services.” The study examines 13 emerging financial services and assesses consumer attitudes about the importance and value of each service, segmented by banks and credit unions as well as demographic groups. The study findings will be reviewed in a webinar to be hosted by Market Rates Insight on June 18.

This study is the only one of its kind to measure consumer attitudes about banking fees and services and was conducted nationwide to help banks and credit unions better understand consumers and identify new revenue sources from fee-based services and service bundles. Banks and credit unions are facing new challenges from non-banking competitors offering banking services, and they need to identify new ways to attract and keep customers. This study provides empirical data on the importance and value of emerging services to help financial institutions create service offerings that attract and retain customers while building revenue.

Some of the preliminary findings reveal that identity theft alerts (70.8%), credit score reporting (71.4%), payment protection services (64.6%), and same-day bill pay (58.7%) currently ranked with the highest consumer demand. Other services such as eldercare services, prepaid reloadable cards, and location-based coupons showed the greatest growth potential with consumers.

This study also reveals for the first time how consumers value certain combinations of services. Consumers typically value service bundles more than individual services, and will pay a premium for bundled services. The study reveals which combination of services command higher fees because of increased consumer demand.

“For the foreseeable future deposit rates will remain flat and loan demand will stay soft, so financial institutions will have to rely in fee revenues for income growth. But to convert services from ‘free to fee,’ banks and credit unions will have to identify new services that consumers want and are willing to pay for. Our new study shows banks and credit unions how to use service fees to expand profits and penetration with both existing and new customers.”

The “Growth and Revenue Potential lf Emerging Financial Services” study is being offered in both an Essential and Premium package. The Essential package includes copies of the complete 150-page study and a competitive survey of 10 financial institutions and their adoption of the 13 emerging financial services. The Premium package includes the survey and competitive data, as well as an optimization analysis of service bundles, an online optimization consultation, copies of the Emerging Trend Spotlight quarterly update, and access to trend analysis and service integration online seminars.

For more information about the study or the upcoming webinar, contact Market Rates Insight at info@marketratesinsight.com.

About Market Rates Insight
For more than two decades, Market Rates Insight (MRI) has been helping clients price with precision by providing banks, thrifts, credit unions, and other financial institutions with comprehensive market intelligence on deposits, loans, and fees. MRI’s products include web-enabled, customizable report programming, proprietary product research tools, searchable databases, market alerts, and online dashboards that aggregate key client data to provide real-time interactive views on how they rank against their specific competitors. MRI provides advanced toolsets for deposits uses deposit surveys, mortgage and consumer loans, and loan surveys, fees and features pricing in addition to studies, new product alerts, benchmarking and market analyses to give subscribers the intelligence needed to strategically position products, optimize pricing and react to emerging trends.

Market Rates Insight is located in San Anselmo, California. For more information, see http://www.marketratesinsight.com.

Photos available upon request

For additional information contact:
Tom Woolf
Market Rates Insight
(415) 259-5638
tom.woolf@marketratesinsight.com

Education

Ready for a New Job? Bryant & Stratton College Hosts Career Expo and Job Fair in Akron on June 11

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Over 30 area businesses will be in attendance and ready to interview qualified candidates; students and job seekers alike can also receive resume help and polish their interview skills with College experts

Akron, OH, May 29, 2013 – Bryant & Stratton College announced today that it will host a career expo and job fair at its Akron campus on June 11. Over 30 area companies will be in attendance and ready to speak with qualified job seekers. Additionally, campus career experts will be on hand to provide tips on how to improve resumes and interview skills. The event will be held from 10 a.m. to 3 p.m. at 190 Montrose West Avenue.

Campus officials encourage job seekers, especially those interested in the medical and healthcare field to attend. To help attendees prepare for the event, Bryant & Stratton College offers these tips for being successful at a job fair:

* Be prepared – Attendees should bring plenty of copies of their resume for potential employers. Additionally, attendees only have a brief window of time to make a good impression. Preparing a short introduction, also known as an elevator speech, that highlights personal background information, leadership or professional successes and the reason a candidate will be an asset to a company will help quickly grab a recruiter’s attention. “Being able to communicate who you are and what you might bring to a company in under two minutes is a critical skill at a job fair. Attendees will be meeting with several potential employers and you want to be sure to leave a good impression,” said Dr. Florentine Hoelker, Akron Campus Director, Bryant & Stratton College. “Having a couple questions prepared is also a good way to show you will be a thoughtful and proactive employee.”

* Be polished – Looking and sounding professional are critical at a job fair. There is always a chance of being interviewed on the spot at a job fair, so attendees should plan to wear suits just as they would to any other interview. Practicing answers to common interview questions is also helpful and can help attendees communicate confidence.

* Be polite – Companies often meet hundreds of applicants during a job fair so little things can go a long way. Job seekers who say thank you at the end of a meeting or get the recruiter’s business card and send a hand-written thank you note give themselves a chance to stand out among the crowd.

“Job fairs are a great opportunity to meet with several employers in a short amount of time. However, attendees only have one chance to make a good impression, so it’s a good idea to spend time planning for the event,” said Dr. Hoelker. “At Bryant & Stratton College part of our mission is to teach students employability skills and make sure they are career ready upon graduation. This fair and expo is part of that effort. We are very excited to help job seekers connect with prospective employers and get any extra help they need with their job search from our knowledgeable counselors.”

Event Details
What: Career Expo and Job Fair
When: June 11, 10 a.m. to 3 p.m.
Where: 190 Montrose West Avenue, Akron, OH 44321
Who: Over 30 local companies with open positions, including Akron Children’s Hospital, Life Care Center of Medina, Professional Nursing Services, Summa Health Care and the U.S. Army Medical Division.

For more information call 330-598-2500

Bryant & Stratton College has four campuses in Ohio offering degrees programs in Health Services Administration, Medical Assisting, Business, Nursing and Paralegal, among others. The College also has campus locations in New York, Virginia and Wisconsin and an Online Education Division. For more information about Bryant & Stratton College and its degree programs and campuses, visit www.bryantstratton.edu.

About Bryant & Stratton College:
Bryant & Stratton College is a private career college delivering outcomes based education and training through a flexible, contemporary curriculum in a personalized environment.  The College is regionally accredited by the Middle States Commission on Higher Education and has locations in New York, Ohio, Virginia and Wisconsin, as well as an Online Education division and a Professional Skills Center. For more than 155 years, Bryant & Stratton College has been providing real world education to help graduates succeed, offering degree and certificate programs in a variety of fields including business, criminal justice, financial services, healthcare, human resources and information technology. For graduation rates, the median debt of graduates and other important information, please visit www.bryantstratton.edu/disclosures. General information about Bryant & Stratton College and its programs is available at www.bryantstratton.edu.

Contact:
Anne Jenkins
Communications Strategy Group
3225 East 2nd Avenue
Denver, CO 80206
703-624-6125
ajenkins@csg-pr.com
http://www.csg-pr.com

Business

NanoMarkets Announces Release of Report, “Markets for Radiation Detection Equipment”

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NanoMarkets today announced the launch of its newest report of the radiation detection market.

Glen Allen, Virginia (May 30, 2013) — Industry analyst firm NanoMarkets today announced the launch of its newest report of the radiation detection market. The report titled “Markets for Radiation Detection Equipment” predicts that the radiation detector is projected to grow from $25 billion (USD) in 2013 to $33 billion in 2020. Despite the gloomy forecasts for the world’s economic engines, most of the markets that employ radiation detection equipment are experiencing and will experience growth above that projected in the macro forecasts.

Additional details about the report are available at http://nanomarkets.net/market_reports/report/markets_for_radiation_detection_equipment.

NanoMarkets has also issued a related report titled, “Radiation Detection Materials Markets-2013.” Additional details about that report are available at http://nanomarkets.net/market_reports/report/radiation_detection_materials_markets_2013.

The reports can be purchased as a set or individually. NanoMarkets has posted excerpts from the reports as well as PowerPoint slides (available on request) on the firm’s website at http://www.nanomarkets.net.

About the report:

This report illustrates the trends in radiation sensors employed in four key applications arenas: medical detection and imaging, nuclear security and safety, energy and industrial applications, and scientific measurement and testing.

Within this report, NanoMarkets delivers eight-year forecasts for key sensors used in radiation detection applications, such as medical gamma cameras, RIIDS, portal monitors, PET detectors, oil exploration and scientific sensors (et.al.). All demand forecasts are segmented by device type and world region. Readers of this report will understand macro-market drivers affecting technological changes and understand where technology push may be forcing disruptive changes. Key participant organizations will be profiled to illustrate their strategies and needs in this diverse market.

NanoMarkets believes that executives and entrepreneurs, business development and product development professionals, as well as investors and inventors involved with radiation sensor equipment OEMs, electronics or materials providers, as well as device end users, will benefit from this comprehensive analysis.

Segmentation includes:

– Medical diagnostic applications of radiation detectors, which includes X-ray diagnostics and nuclear medicine.
– Radiation detectors in nuclear energy safety, including safety/security and process technology applications.
– Radiation detectors used for homeland security, including systems for early detection at ports and locations and for emergency responders.
– Radiation detectors for military applications, including threat assessment and soldier safety.
– Radiation detectors used in industrial and occupational safety, including health and academic institutional safety, food irradiation safety, and safety and early detection at scrap metal facilities.
– Radiation Detectors used in oil well exploration and extraction, including safety and waste handling and oil and mineral exploration.
– Radiation detectors used in big physics, including those for safety, as well as custom high energy physics and cosmology detectors.
– Radiation detectors used in manufacturing inspection, including industrial radiography and CT.

The vast majority of the devices covered are used in various industries and occupations for the detection and monitoring of radiation. We break out the most common types of devices used by most safety and security personnel. These include:

– PRDs and SPRDs: Personal/Spectroscopic Radiation Detectors,
– Dosimeters,
– RIIDS: Radioisotope Identification Devices,
– Area Monitors,
– Survey Meters, and
– Portal Monitors.

Also included are the specialized detector configurations for medical diagnostics:

– Film/Digital Radiography,
– Computed Tomography,
– SPECT devices (gamma cameras), and
– PET detectors.

Finally, we discuss the market for specialized detectors:

– Oil Well Logging Detectors (cable and backpack mount),
– Custom Cosmology and Particle Physics Detectors, and
– Industrial Radiography and CT.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging markets in advanced materials and provides unique coverage and forecasting of radiation detection markets. Visit http://www.nanomarkets.net for a full listing of NanoMarkets’ reports and other services.

Media Contact:
Robert Nolan
NanoMarkets, LC
PO BOX 3840
Glen Allen, VA 23058
(804) 938-0030
rob@nanomarkets.net

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