Information technology (IT) has transformed all aspects of the lending sector, streamlining processes to benefit both lenders and borrowers. Banks,…
LOAN PORTFOLIO RISK ASSESSMENT: A GUIDE FOR LENDERS
Lenders face an uncertain financial market in a constantly changing global economy. To negotiate this dynamic milieu, lenders need to…
CREDIT OPERATIONS IMPROVEMENT IDEAS FOR BANKS & CREDIT UNIONS
Banks and credit unions face economic uncertainty, evolving regulatory requirements, and technological disruptions in their credit operations. Credit risk assessment…
HOW TO PREVENT LOAN DELINQUENCY: 10 STRATEGIES FOR LENDERS
Auto loan delinquency rates have reached their highest levels since the 2008 recession, according to a report by S&P and…
HOW TO DETECT FRAUD IN BANKING
Banking fraud is on the rise. In fact, 35% of banking customers recently surveyed by J.D. Power reported experiencing at…
10 CREDIT RISK MANAGEMENT STRATEGIES
Credit risk management is paramount for lenders as it directly impacts their financial stability and long-term success. It helps lenders…
DIGITAL LENDING IN BANKING: A GUIDE
Digital lending in banking offers financial institutions several powerful benefits, including better decisions, improved customer service, and cost savings. Implementing…
HOW DIGITAL LENDING IMPROVES THE CUSTOMER JOURNEY FOR BANKS
Bank services and processes have been largely digitized. These days, it’s not even necessary for a bank’s customers to visit…
HOW INDIRECT AUTO LENDING FOR BANKS CAN BE EASIER
For a bank wanting to establish a lending relationship with local auto dealers, the capabilities of a modern lending solution…
