Commercial Lending Software | Lending 2.0: A Digital Transformation | Infographics
[vc_row][vc_column][vc_single_image image=”9027″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row content_placement=”middle” bg_type=”bg_color” bg_color_value=”#444444″][vc_column][vc_single_image image=”9024″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9029″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9032″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9035″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_separator][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Fintech World Landscape: Asia and America Lead, Europe Follows [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9038″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_separator][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_column_text] Bank – Fintech Partnerships More than three-quarters (78%) of US commercial banks are considering new fintech partnerships in 2019 in a bid to […]
7 Myths About Commercial Banking And Digital Transformation
[vc_row][vc_column][vc_column_text]Read time: 4 minutes [/vc_column_text][vc_single_image image=”8832″ img_size=”full”][/vc_column][/vc_row][vc_row full_width=”stretch_row”][vc_column width=”1/2″][vc_column_text] Commercial banking is evolving continuously The great recession was a major body blow. The subsequent rise of fintech lenders, especially in the retail segment, has meant that digital transformation is no longer a question of value addition but of survival. Surprisingly, this is not the case […]
4 Challenges of Manual Consumer Lending and How Automation Solves Them
Consumer lending traditionally involves several manual processes that greatly increase the time needed to complete a loan transaction. Even though most consumer loans only require 30 minutes of actual work, moving information between physical locations such as a branch or a main office can add hours or even days to the process. Intensifying competition from non-traditional […]
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 […]
Online Lending Monthly News Update- January 2019
Here are some of the top stories and trends of December 2018 for marketplace lending investors and industry watchers: Industry News 12/3/2018 AI expected to disrupt private equity industry within five years. (AltFi) 12/4/2018 MonJa’s Digital Banking and Lending Monthly Roundup for November. (MonJa) 12/6/2018 Five Innovation Trends That Will Define Banking in 2019. (FinancialBrand) […]
Online Lending Monthly News Update- December 2018
Here are some of the top stories and trends of November 2018 for marketplace lending investors and industry watchers: Industry News November 1, 2018 Fintech lender becomes first to connect to UK bank via Open Banking. (AltFiNews) November 1, 2018 Upgrade completes $282m securitisation. (AltFiNews) November 2, 2018 MonJa’s Digital Banking and Lending Monthly Roundup. […]
Online Lending Monthly News Update- November 2018
Here are some of the top online lending stories and trends of October 2018 for online lending investors, lenders and industry watchers: Industry News 10/1/2018 These founders share what makes for a good fintech company. (Forbes) 10/1/2018 The future of banking: Fintech or Techfin? (Forbes) 10/3/2018 Good prices or good service: What hooks online-online banking […]
The Roles of Automated Software in Small Business Lending
[vc_row][vc_column][vc_column_text]4 Minutes Read. The small business lending sector was revolutionized with the introduction of Fannie Mae’s Desktop Underwriter in 1995. The many roles the automated system filled in the lending process convinced financial institutions of the value of investing in a business lending software solution. Such software essentially operates as a fast, accurate employee who […]
E-book: How Automation Can Help With Small Business Loan Underwriting
[vc_row][vc_column][vc_column_text] Looking for ways to grow and expand the loan origination volumes? Wondering how do this cost-effectively? Trying to simplify your loan underwriting workflow? It may be the right time to start exploring automation. Check out our e-book to learn how loan underwriting automation can simplify and boost the productivity of your lending process.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Download […]
Signs You Need a Lending Solution Software
[vc_row][vc_column][vc_column_text]4 Minutes Read. Loan approvals are growing at near-record rates among all types of financial institutions, particularly in small business loans, which is why many lenders are turning to lending solution software. Automated lending solutions can help financial institutions streamline processes and improve customer service by reducing the time and potential for errors in manual […]