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. […]
6 Ways a Bank Can Ensure an Exceptional Client Experience by Using AI and Blockchain
[vc_row][vc_column][vc_column_text]Read time: 7 minutes [/vc_column_text][vc_single_image image=”9583″ img_size=”large” alignment=”center”][vc_column_text] Introduction Customer satisfaction is critical for traditional brick and mortar banks to justify their presence and differentiate themselves from dozens of challenger banks and lenders emerging online. Although all banks have tomes on “policies” framed on how to improve customer experience, yet the low Net Promoter Score […]
MonJa's Digital Banking and Lending Monthly Roundup | August 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. […]
7 Simple Steps To Boost Your Bank’s Commercial Loan Portfolio
Building your financial institution’s commercial loan portfolio without adding more staff can be a challenge. Customer demand for convenience and faster commercial loan underwriting makes it necessary for banks to do more with the resources they have in order to stay ahead of the competition. This guide, provided by my friend who wrote several Upstart […]
MonJa's Digital Banking and Lending Monthly Roundup | July 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. […]
Top 15 Most Innovative Fintech Firms Providing Commercial Banking Solutions in 2019 in US
Top financial technology (fintech) companies are developing innovative commercial banking solutions at a rapid pace. From recent fintech startups to established fintech companies, an increasing number of commercial banking providers are revolutionizing the financial industry. A number of large fintech software companies are adding innovative commercial banking solutions to their portfolios in 2019. Here is […]
17 Hottest New US Fintechs Every Commercial Bank Should Talk To
[vc_row][vc_column][vc_column_text]Read time: 10 minutes [/vc_column_text][vc_single_image image=”9364″ img_size=”large” alignment=”center”][vc_column_text] Financial technology (fintech) companies in the United States are introducing a wide range of innovative solutions that every commercial bank should know about. Here is a guide to 17 top fintech companies catering to the commercial banking sector to watch in 2019. 1. Appway Appway has developed a […]