Bank services and processes have been largely digitized. These days, it’s not even necessary for a bank’s customers to visit …
HOW THE END-TO-END LOAN SERVICE MODEL IS CHANGING FOR AUTO LENDERS
The auto financing industry is transitioning to meet the demands of its customers yet again. In the last few decades, …
END-TO-END LOAN SERVICE DEPLOYMENT IN LARGE-SCALE CLOUD INFRASTRUCTURE SIMPLIFIED
Data silos occur when one group within an organization makes its data difficult to access by others within the organization. …
UNDERSTANDING ELECTRIC VEHICLE LENDING MARKET SHARE FORECAST FOR LENDERS’ GROWTH POTENTIAL
The quickly growing market for sustainable personal transportation is also driving more electric vehicle lending. According to a report by …
HOW LOAN ORIGINATION AUTOMATION TECHNOLOGY CAN IMPROVE AUTO LENDERS’ BOTTOM LINE
Automation has already made significant strides in the auto lending industry. But, lenders with outdated, stagnant loan origination systems are …
IMPLEMENTING AN END-TO-END LOAN ORIGINATION & SERVICING PROCESS FOR SMOOTH WORKFLOWS
The news is good—auto lending delinquency rates are down to their lowest point, holding steady at roughly 1.51% between 2021 …
WHICH LOAN ORIGINATION AUTOMATION ACTIVITIES OFFER THE MOST OPERATIONAL VALUE?
Automation is not a new concept in the lending industry. Lenders have been using it for years to save time, …
LOAN ORIGINATION AUTOMATION EXPLAINED FOR AUTO LENDERS
The world of auto lending is changing at an accelerated pace. Between pandemic-driven chip shortages and the increasing demand for …
BUILD A LOAN ORIGINATION PROCESS FOR AUTO LENDING WITHOUT THE RISK
The ever-changing world of technology requires industry-leading auto lenders to evolve their loan origination systems (LOS) to maintain a competitive …
LEASE OR LOAN ORIGINATION AUTOMATION: COSTS AUTO LENDERS MAY NOT HAVE CONSIDERED
Today’s consumers can get packages delivered in less than a day, hire a driver and get picked up in a …
