Meet MonJa at ICBA Live National Convention in Nashville
[vc_row][vc_column width=”1/2″][vc_column_text]8 Minutes Read. The Independent Community Bankers of America (ICBA) strives to create and uphold an environment that allows community banks to grow in a sustainable and profitable manner. Community banks compose 99 percent of American banks, currently employing more than 760,000 and holding almost $5 trillion in assets. The ICBA National Live Convention […]
2018: How traditional banks invested in digital transformation for success
[vc_row css=”.vc_custom_1552569409269{margin-top: 50px !important;}”][vc_column width=”1/2″][vc_column_text]12 Minutes Read. With the rise of technology, banks are increasingly digitizing their business models. The digital transformation of the banking system not only improves the flow of control and work efficiency, but gives banks an edge over their competitors.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_single_image image=”8480″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]According to a survey conducted by Accenture, 67% of […]
MonJa's Digital Banking and Lending Monthly Roundup | February 2019
[vc_row][vc_column][vc_column_text] MonJa’s Digital Banking and Lending Monthly Roundup – Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain herald a new era in lending. Fintech’s are changing the competitive ecosystem, empowering lenders to process loans faster and smarter. In a […]
MonJa's Digital Banking and Lending Monthly Roundup | January 2019
[vc_row][vc_column][vc_column_text] MonJa’s Digital Banking and Lending Monthly Roundup – Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain herald a new era in lending. Fintech’s are changing the competitive ecosystem, empowering lenders to process loans faster and smarter. In a […]
Small Business Lending: The Profit Puzzle Facing Commercial Banks
[vc_row][vc_column][vc_column_text]8 Minutes Read. Small businesses play a critical role in the American economy. They employ half of the private sector workforce and have created approximately 60% of the new jobs in the US since 1995. Access to credit is essential to the health of small businesses. It helps small firms maintain cash flow, bring on […]
MonJa's Digital Banking and Lending Monthly Roundup | December
[vc_row][vc_column][vc_column_text] MonJa’s Digital Banking and Lending Monthly Roundup – Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain herald a new era in lending. Fintech’s are changing the competitive ecosystem, empowering lenders to process loans faster and smarter. In a […]
Small Banks and Why They Need To Adapt To The Latest In Artificial Intelligence and Machine Learning
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]Small banks and credit unions play an important role in the US financial system particularly in serving rural and small metropolitan areas. Why should they care about artificial intelligence and machine learning when their business with borrowers is based on personal relationships? Their essence is in relationships built with the community at the local level, […]
Overview of US Real Estate Lending Platforms (Online Lenders)
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]Let’s start with some of the reasons that lead to the hyper growth of some of US-based real estate lending platforms. Since the 2008 financial crisis, the whole dynamics of real estate lending has changed. The perennial sources of funding like commercial banks, insurance companies, and other traditional lenders have turned much more conservative when […]