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Technology Innovations for Banks and NBFC's in Lending Operations
As financial institutions look forward to setting their strategies for 2024, many are now working under the assumption that the elevated interest rate environment will be the new normal for the forese...
99% of all the US businesses are small businesses. These 33 million plus businesses employ more than 61 million Americans. They are hotbeds of innovation and growth engines of the economy. US SBA data...
From the moment a borrower expresses interest in getting a loan to the final repayment, a bank’s communication strategies shape the customer’s perception of its lending process. Many financial institu...
Building societies are a vital part of the financial services industry, known for their mutual model that prioritizes the interests of members and local communities. Many have been serving their commu...
Technology is always marching onward, and the savings sector is no exception to the rule. Over the past five years, new savings tools and platforms have spread like wildfire, each aiming to connect sa...
If your organization is still investing “Months and Millions” in building customer journeys & process automation, then it is time to wake up. By the time your automation is ready, the time for the...
The “five Cs of credit” have stood the test of time for decades as basic guidelines for how lenders assess credit. Whether you’re assessing individual or commercial borrowers, these core criteria of c...
From macroeconomic shifts to advances in technology, the big drivers of global change continue to have a major impact on the world of commercial lending. And in a pivotal time for the market, three tr...
Financial crime damages the trust and stability that the economy relies on. As criminals use more advanced technology, there's a bigger need for smart and quick action—extending far beyond regulatory ...
When the going gets tough for commercial lenders, the tough get diversifying. In challenging macroeconomic conditions, there’s no guarantee your traditional customer base will weather the storm. But d...
As asset finance firms continue to drive growth, some will look to improve scalability of their credit function while others may look to expand into additional sub-verticals, lending against equipment...
Kris Frantzen, Senior Product Manager – North America, Temenos From the moment a borrower expresses interest in getting a loan to the final repayment, a bank’s communication strategies shape the custo...