In today’s evolving lending landscape, lenders encounter numerous challenges, including regulatory burdens, operational costs, resource constraints, scalability and flexibility needs,…
5 LOAN SERVICING CHALLENGES IN THE MODERN MARKET 2023
Consumer finance companies have witnessed a significant shift towards end-to-end lending solutions, particularly accelerated by the COVID-19 pandemic. While the…
LOAN MANAGEMENT PROCESS: STEP-BY-STEP GUIDE
The loan management process is a critical stage that begins once an applicant is approved and the lender successfully funds…
5 LOAN SERVICING KPIS LENDERS SHOULD KNOW & TRACK
Lenders heavily rely on borrowers’ willingness and ability to repay loans in order to generate profits. To assess these factors…
TOP LENDING TECHNOLOGY TRENDS FOR 2023 & BEYOND
The consumer lending sector has largely recovered from the pandemic, though COVID made a significant mark on the technology lenders…
LOAN PIPELINE MANAGEMENT EXPLAINED
In essence, a loan pipeline is simply a sales pipeline that pushes loans through pre-qualification to loan funding. Like sales…
UNDERSTANDING DISPARATE IMPACT IN LENDING
Most lenders are well-versed on what discrimination looks like and how to prevent blatant forms of it from occurring within…
IMPLEMENTATION CASE STUDY: ENTERPRISE BANK
A top 50 publicly traded U.S. enterprise bank with more than $30 billion in assets decided to enter the indirect…
5 DIGITAL LENDING CHALLENGES & HOW TO OVERCOME THEM
It began in March 2023, when Silvergate Bank in California stated it was closing its doors. Silicon Valley Bank (SVB)…
LEADING CAPTIVE LENDER TAPS defi TO IMPLEMENT TIME-SENSITIVE PRIVATE-LABEL OEM DEAL
North America’s largest captive lender, with a portfolio of over $50 billion in auto loans, had an opportunity to provide…
ESSENTIAL MANAGED SERVICES: FINANCE AUTO LOANS THE EASY WAY
Outsourcing has become essential in just about every industry, and the auto finance sector is no exception. Managed services provides…
HOW TO OPTIMIZE AUTO LOAN CUSTOMER JOURNEY W/ MANAGED SERVICING
It really should be a no-brainer to acknowledge that any positive experiences a customer has with a company will lead…
