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Frequently Asked Questions (FAQs)
What is a banking product and pricing catalog?
A banking product and pricing catalog is a centralized platform that enables financial institutions to define, manage, and distribute products, pricing, offers, bundles, eligibility rules, and promotions across channels. It helps banks streamline product lifecycle management, improve governance, and accelerate the launch of new products while maintaining consistent customer experiences.
Why do banks need centralized product and pricing management?
Centralized product and pricing management helps banks eliminate silos between business units, improve operational efficiency, and gain greater control over product portfolios. By managing products, pricing, and offers from a single source, banks can reduce complexity, accelerate product changes, improve compliance, and deliver consistent experiences across digital and physical channels.
How does a no-code product catalog help banks launch products faster?
A no-code product catalog enables business users to create, configure, and modify banking products, pricing models, and offers without extensive IT involvement. By giving product teams direct control over product configuration and offer management, banks can significantly reduce time to market, respond more quickly to customer needs, and accelerate product innovation.
How does Amdocs Product & Pricing Catalog support personalized banking experiences?
Amdocs Product & Pricing Catalog enables banks to create targeted products, personalized offers, dynamic pricing, and bundled services based on customer needs and eligibility criteria. With a centralized view of products and pricing, banks can deliver more relevant customer experiences, improve engagement, and strengthen customer loyalty through tailored banking propositions.
How does Amdocs Product & Pricing Catalog support embedded finance initiatives?
Amdocs Product & Pricing Catalog helps banks extend financial products and services beyond traditional channels by supporting the creation, management, and distribution of offers across partner ecosystems. Through flexible product configuration, API-enabled integration capabilities, and centralized offer management, banks can quickly launch embedded finance solutions, onboard third-party services, and reach new customer segments.