BLOGS

Insights into Modern Lending

 

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,...
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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...
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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...
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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...
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Banking Fraud Detection & Prevention: Tips for Lenders

The ease of committing fraud using online resources has made banking fraud detection necessary for loan origination....
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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...
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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...
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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...
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Streamlining Loan Servicing Operations: 7 Key Steps for Success

Loan servicing operations are a critical aspect of the financial industry, and in an ever-evolving landscape, lenders face the challenge...
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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...
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Lease or Loan Outsourcing: 5 Benefits for Lenders

In today’s evolving lending landscape, lenders encounter numerous challenges, including regulatory burdens, operational costs, resource constraints, scalability and flexibility needs,...
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Auto Loan Servicing For Credit Union Portfolios

When you hire a third-party loan servicing company to go through each of these steps with you, your credit union will enjoy many benefits, including better portfolio performance. If you...
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