Commercial Vehicle Lending in the Digital Age
[vc_row][vc_column][vc_column_text] 4 Minutes Read. Commercial vehicle lending is embracing digital technology at a quickening pace. Loan underwriting, however, is still largely carried out using conventional, non-automated methods. As a result, some big banks are pushing to expand auto lending and introducing new channels such as direct lending, which may help drive greater automation.[/vc_column_text][vc_single_image image=”8656″ img_size=”large” alignment=”center” css_animation=”none”][vc_column_text] The commercial […]
Can Automated Underwriting Help Your SBA Loan Clients?
[vc_row][vc_column][vc_column_text] 4 Minutes Read. Loans guaranteed by the Small Business Administration (SBA) are a valuable source of capital for many growing businesses. Small business lending software can now incorporate automated underwriting to make their SBA lending faster, more customer-friendly and more profitable than ever before.[/vc_column_text][vc_single_image image=”8630″ img_size=”large” alignment=”center” css_animation=”none”][vc_column_text] A brief overview of SBA lending The […]
Online Lending Monthly News Update- March
Here are some of the top stories and trends of March 2019 for marketplace lending investors and industry watchers: Industry News 3/1/2019 The Future of Banking Requires Balancing Old and New. (Forbes) 3/4/2019 Blockchain-powered lender Bitbond to launch Germany’s first security token. (AltFiNews) 3/4/2019 Facebook Plans to Launch WhatsApp Cryptocurrency in Next Few Months. (Business […]
MonJa's Digital Banking and Lending Monthly Roundup | March 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. […]
A Speedy And Hassle-Free MCA Lending
[vc_row][vc_column][vc_column_text] 4 Minutes Read. Merchant cash advance (MCA) lending is a popular alternative to traditional loans for small businesses. For lenders, however, the MCA lending process requires more work and can take longer than conventional loans. Automated underwriting platforms offered by MonJa can help streamline the MCA lending process and improve productivity. How MCA Lending Works [/vc_column_text][vc_single_image […]
Technological Solutions For Credit Unions
[vc_row][vc_column][vc_column_text]8 Minutes Read. While credit unions have typically been slower at adopting new fintech solutions, this fact is changing. 2018 was a great year for financial innovation, with technology making processes faster, more productive, and more customer-friendly. Credit unions are increasingly recognizing the advantages of tech-driven lending solutions and are looking to deploy them in their […]
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 […]
Online Lending Monthly News Update- March
Here are some of the top stories and trends of February 2019 for marketplace lending investors and industry watchers: Industry News 2/1/2019 Financial Institutions See Huge Payoffs For Digital Investments. (FinancialBrand) 2/5/2019 Starling launches euro account as UK prepares for Brexit. (Altfi) 2/5/2019 The Future Of Lending: Fintech 50 in 2019 (Forbes) 2/6/2019 Growth Street […]
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 […]