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 …
10 STRATEGIES TO IMPROVE THE BORROWER EXPERIENCE
To enhance the borrower experience, lenders can use a variety of strategies. One strategy is to use technology to automate …
DIGITAL LENDING EXPERIENCE IMPROVEMENT IDEAS
Nowadays, digital lending isn’t just an option, it’s a necessity for financial institutions trying to stand out. By providing convenience, …
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 …
CREDIT RISK MANAGEMENT CHALLENGES & HOW TO OVERCOME THEM
Lenders face numerous credit risk management challenges. One big challenge is assessing borrowers’ creditworthiness accurately, which requires understanding their financial …
BANKING FRAUD DETECTION & PREVENTION: TIPS FOR LENDERS
The ease of committing fraud using online resources has made banking fraud detection necessary for loan origination.
12 LOAN ORIGINATION KPIS & HOW TO MEASURE THEM
Loan origination KPIs (key performance indicators) are crucial metrics lenders use to assess the efficiency and effectiveness of their lending …
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 TO IMPROVE YOUR LENDING BUSINESS: 7 TIPS
Improving your loan portfolio is crucial to ensure a healthy and profitable lending business. As your loan portfolio represents a …
HOW TO IMPROVE YOUR LOAN PORTFOLIO: 10 STRATEGIES FOR LENDERS
Improving your loan portfolio is crucial to ensure a healthy and profitable lending business. As your loan portfolio represents a …
