5 Key Challenges that Banks & Credit Unions will face the most in 2020
[vc_row][vc_column][vc_column_text]Read time: 8 minutes [/vc_column_text][vc_single_image image=”10222″ img_size=”medium” alignment=”center”][vc_column_text] Introduction The banking and financial services industry has evolved in the past decade. With the emergence of digital banks and marketplace lenders, banks and credit unions are no longer the first port of call for credit and banking needs. The biggest challenge being faced by the industry […]
MonJa's Digital Banking and Lending Monthly Roundup | November 2019
[vc_row][vc_column][vc_column_text]6 Minutes Read 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. […]
MonJa at Small Biz: Banking Conference in Los Angeles
[vc_row][vc_column][vc_column_text]Read time: 5 min [/vc_column_text][vc_single_image image=”10066″ img_size=”medium” alignment=”center”][vc_column_text] Introduction The Small Biz: Banking Conference was held on November 19-21 at the Intercontinental Downtown in Los Angeles. From the last 23 years, the American Banker Small Business Banking Conference has been the nation’s largest and most progressive small business banking event in the industry. The […]
The Federal Reserve Bank of Philadelphia: Third Annual Fintech Conference
[vc_row][vc_column][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_column_text]Read time: 5 min [/vc_column_text][vc_single_image image=”9975″ img_size=”medium” alignment=”center”][vc_column_text] About The Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia is one of the 12 Regional Reserve Banks that make up the Federal Reserve System together with the Board of Governors in Washington, D.C. Philadelphia Fed has been a strong advocate of growing the […]
Is Your Bank Ready for Cloud Technology? Pros and Cons of Running Systems On-Premise vs. in the Cloud
[vc_row][vc_column][vc_column_text]Read time: 5 minutes [/vc_column_text][vc_column_text] Introduction Cloud technology can allow lending organizations scalability so even the smallest credit union or community bank can benefit. Care must be taken to ensure that sensitive financial information remains the property of the lending institution. The solution involves access to expert financial cloud-based software, accessible via portal logins. This […]
MonJa's Digital Banking and Lending Monthly Roundup | October 2019
[vc_row][vc_column][vc_column_text]5 Minutes Read 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. […]
Automation Of Credit Underwriting For Banks And Credit Unions: 9 Reasons Why It Is Beneficial
Introduction The advent of technology has undoubtedly changed the way things function in the world. In times where people depended on traditional banking and other offline sources for loans, credit underwriting was a tedious and very long process for borrowers. Now, with lending accessible through digital platforms, credit underwriting has also had to evolve to […]
Top 10 US Commercial Banking And Lending Tech Providers
[vc_row][vc_column][vc_column_text]Read time: 8 minutes [/vc_column_text][vc_single_image image=”9889″ img_size=”large” alignment=”center”][vc_column_text] Commercial banking technology is rapidly catching up to innovations in the digital, non-banking sector. Larger financial institutions have realized that the future of commercial banking lies in embracing innovations that improve processes, reduce costs and, most importantly are more responsive to customer needs. The Market of Commercial […]
How Community Banks Implemented Commercial Lending Technology: 5 Success Stories
[vc_row][vc_column][vc_column_text]Read time: 11 minutes [/vc_column_text][vc_column_text]Community banks are rapidly becoming more competitive with the help of advanced commercial lending technology. Working with expert commercial lending software vendors, many small banks have significantly increased the number of loans processed for small businesses. The software can perform automated underwriting while utilizing artificial intelligence (AI) algorithms to produce accurate […]
MonJa's Digital Banking and Lending Monthly Roundup | September 2019
[vc_row][vc_column][vc_column_text]6 Minutes Read 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. […]