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 […]
Monthly News Update- October 2018
Here are some of the top online lending news, stories and trends of September 2018 for online lending investors and industry watchers. Industry News: 9/4/2018 P2P fund sees best 2018 month of returns. (AltFiNews) 9/5/2018 U.S. Bank, Wells, Citi and Great Western: Bankers on the move. (AmerBanker) 9/6/2018 How is fintech transforming microfinance? (whartonknows) 9/7/2018 […]
Monthly News Update- September 2018
Here are some of the top online lending news, stories and trends of August 2018 for online lending investors and industry watchers. Industry News: 08/01/2018 Six takeaways from the Treasury fintech report: National charter, breaches and more. http://ow.ly/Rnpx30le4rG (AmericanBanker) 8/1/2018 Trump Administration embraces fintech startups. (WSJ) 8/1/2018 Here are 5 questions to ask your lending […]
Speed To Market Is Critical In Small Business Loan Underwriting
[vc_row][vc_column][vc_empty_space height=”50px”][vc_column_text]8 Minutes Read. The demand for small business loans is growing at an astonishing pace worldwide, which presents new opportunities as well as formidable challenges to traditional lenders and small lenders alike. Both large and small lenders are facing stiff competition for small business loan underwriting business. Small lenders – with their agility and […]
5 Questions To Ask Your Lending Automation Vendor
[vc_row][vc_column][vc_column_text] In today’s ultra competitive lending market, fintechs have taken a march over traditional banks with their digital first service and speed of closing loan applications. Brick and mortar banks now realize that their work is as much about technology as it is about finance. Legacy IT solutions are convenient for in-house operations but can’t be expected […]
Monthly News Update- August 2018
Here are some of the top online lending news, stories and trends of July 2018 for online lending investors and industry watchers. Industry News: 7/3/2018 “Equifax research reveals that a significant proportion of UK consumers would be up for sharing their data…” (AltFi News) 7/4/2018 Amazon has already made some moves to fintech. What are […]
MonJa's Digital Banking and Lending Monthly Roundup | June
[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 world full […]
Small Banks and Why They Need To Adapt To The Latest In Artificial Intelligence and Machine Learning
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]Small banks and credit unions play an important role in the US financial system particularly in serving rural and small metropolitan areas. Why should they care about artificial intelligence and machine learning when their business with borrowers is based on personal relationships? Their essence is in relationships built with the community at the local level, […]