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 […]
Online Lending Monthly News Update- October
[vc_row][vc_column][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text] Online Lending Monthly News. Here are some of the top stories and trends of September 2019 for online lending investors and industry watchers. [/vc_column_text][vc_single_image image=”9862″ img_size=”large” alignment=”center”][vc_column_text] Industry News [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]9/3/2019 Why asset-light entrepreneurs are avoiding borrowing from the bank. (AltFiNews) 9/3/2019 Fintech Gains Favor Among Teens. (ThinkAdvisor) 9/3/2019 MonJa interviewed Joseph Camberato, President and Co-Founder […]
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. […]
Funding $350m+ but also prepared for a potential downturn – Interview with Expansion Capital Group
[vc_row][vc_column][vc_column_text] [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] About MonJa’s Small Business Lending Interview Series In these interviews with lending industry leaders, we cover their stories of success, challenges, and secrets of their competitive advantages in small business lending arena, as well as their perspectives on the online lending industry overall. Today we welcome Vincent Ney, the President and CEO of Expansion […]
Online Lending Monthly News Update- September
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_single_image image=”9686″ img_size=”large” alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text] Online Lending Monthly News. Here are some of the top stories and trends of August 2019 for online lending investors and industry watchers. [/vc_column_text][vc_column_text] Industry News [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]8/2/2019 Could The New Financial Action Task Force Regulation Be The End Of Bitcoin? (Forbes) 8/5/2019 What are the top 5 fintech trends that will dominate […]
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. […]
Weighing AI and an experienced team for credit underwriting – Interview with National Business Capital & Services
[vc_row][vc_column][vc_column_text] [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] About MonJa’s Small Business Lending Interview Series In these interviews with lending industry leaders, we cover their stories of success, challenges, and secrets of their competitive advantages in small business lending arena, as well as their perspectives on the online lending industry overall. Joseph Camberato, President and Co-Founder of National Business Capital & Services […]