BLOGS
Insights into Modern Lending
Omnichannel banking trends in 2025 will be driven by customers’ preference for digital channels. With 50-70% of customers preferring digital banking services, banks are investing in seamless integrations across apps,
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Competition is getting more challenging in the lending industry. Inflation and economic uncertainty have made consumers wary of spending more than they make, and this affects members of credit unions.
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In 2025, digital transformation, sustainability, and adaptability to economic pressures will drive auto lending trends. For example, more and more lenders are using AI for credit risk analysis, personalized loan
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Auto finance industry challenges are many, but lenders are taking steps to turn those challenges into opportunities. Lenders are adapting to the digital age by offering cloud-based loan applications and
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Loan underwriting automation offers many benefits to businesses in the lending industry. It helps expedite the loan approval process so borrowers don’t have to wait as long for a decision.
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What gives you the greatest advantage in capturing more auto loans and growing your portfolio in a competitive auto lending market? Experienced auto lenders will offer a range of answers:
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U.S. loan origination regulations and rules are based on laws and industry standards designed to ensure transparency, fairness, and financial responsibility in the lending process. By following these regulations, lenders
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Lenders have increasingly adopted mobile and web technologies to make life easier for their customers. These technologies now allow customers to make payments instantaneously, check statements, and otherwise conduct business
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A strong, lasting relationship between credit unions and their members starts with an effective onboarding process. A seamless, personalized credit union member onboarding process can enhance satisfaction by meeting diverse
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Credit unions today must navigate a competitive landscape characterized by the rise of fintech companies and traditional banks that offer innovative digital solutions. While they are focusing on enhancing their
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To thrive in today's competitive landscape, credit unions must improve member engagement through personalized communication, financial education, community engagement, and other measures. Higher member loyalty, lower attrition, and more referrals
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Following a loan servicing compliance guide and relying on experts to guide you can help protect your credit union members. Just remember that you still have to go through the
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