BLOGS
Insights into Modern Lending
Cloud computing has been around for more than a decade. It has changed the way that software is developed, delivered, consumed, and supported, and the financial world has recognized its
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If you haven’t updated your legacy lending system in a while, or are looking for something better, you’re in the right place. A digital lending process takes advantage of several
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Pretend your current loan origination system is an automobile. How would you describe it— antique, clunker, ready for recycling, gas hog, eco-friendly, best car I’ve ever owned, or just drove
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Modern society depends on automation. Automated assembly lines have largely replaced humans throughout the manufacturing process. Amazon warehouses benefit from picking and packing robots to optimize their operations. Some households
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2018’s big auto finance news is that the US House and Senate voted to repeal the CFPB decree on auto-loan financing. The repeal takes pressure off indirect lenders for the
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Tension and uncertainty created by the CFPB's 2013 Indirect Auto Lending Bulletin evaporated April 18, 2018, when the US Senate voted to overturn that guidance. The House of Representatives voted
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Whenever I fix something at home, I gather everything I’ll need to make it happen: tools, supplies, instructions—the lot. Sometimes I even finish without extra trips to the garage or
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Let’s begin with this top-of-mind, worrisome auto finance industry trend: After years of growth, auto sales are declining. It’s a tough market out there. Sales have been declining since 2017,
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Since the first decade of the 21st century, lenders have increasingly adopted mobile and web technologies to make life easier for their customers. These pioneering technologies now allow customers to
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In recent years, the US has experienced a growing economy, low interest rates, and a downward unemployment trend. Auto lending, on the other hand, has surprised many by marching in
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You may have noticed we’ve been expanding the defi SOLUTIONS Loan Originations Systems platform! From our humble beginnings of one (pretty awesome) LOS software, we now have an entire suite
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