Digital Lending: Streamlining and Improving the Lending Process
Featuring Focus On Digital Lending: Streamlining and Improving the Process Lending has come a long way recently, and AI technology has been a huge part of that. No longer do you have to go through the traditional lengthy application process – everything can now be done online. The best part is that AI can provide […]
Grow loans during inflation: Tips to Credit Unions
As the threat of inflation lingers on, credit unions face the challenge of managing their loan portfolios in this uncertain economic climate. It presents an occasion for credit unions to be front and center when your members need you most—during economic unrest. Credit unions, how effectively can you help your members and continue stress-free lending […]
Lending Trends 2023: What factors will impact the lending industry?
As we step into the year 2023, the lending industry finds itself at the precipice of exciting transformations and emerging trends. The dynamic landscape of finance and technology continues to shape how loans are originated, processed, and serviced. In this article, we explore the key lending trends of 2023 that are set to influence the […]
Inefficient data-It costs your Credit Union
Data compiling and management are essential for any financial organization to make intelligent business decisions. When it comes to Credit Unions, databases represent their most valuable assets. But CUs often need help generating actionable insights because of the overwhelming volume of inefficient data they process daily. Without a holistic data management practice, credit unions face […]
Christmas Loans – Should you consider borrowing one for holiday spending?
As the holidays approach, many people find themselves in a financial bind. If you’re among them, you might be considering a loan to get you through the season. As you explore your options for Christmas gifts and travel, you may come across lenders advertising “Christmas loans”—though these offers should be approached with caution. Should you […]
Going digital in the collection to improve resilience against loan defaults
While financial enterprises have been in the digital race lately, the industry hasn’t been able to efficiently leverage technologies in default management and subsequently improve efficiency and customer experience. With rising inflation and interest rate increases , loan delinquency has also increased at an alarming rate. With delinquencies on the rise, lenders need to […]
Christmas Loan – Should you consider borrowing one for holiday spending?
The LendTech Collective Insights to stay ahead! Bimonthly Newsletter | Nov 2022 | Issue 121 Featuring Focus On Christmas Loan – Should you consider borrow one for holiday spending? As the holidays approach, many people find themselves in a financial bind. If you’re among them, you might be considering a loan to get you […]
CreditCore: A Compliance-friendly Loan Origination Software
Successful development of a compliance-ensuring Loan Origination Software
API for business growth: Credit Unions Securely Open Your APIs.
In today’s rapidly evolving financial landscape, credit unions are proactively embracing the transformative potential of technology to drive business growth and deliver exceptional member experiences. At the forefront of this digital transformation strategy lies the strategic adoption of Application Programming Interfaces (APIs) – the key to unlocking new opportunities, fostering innovation, and achieving seamless connectivity. […]
Open Banking impact on lending is just beginning: Are you ready?
Open banking has emerged as a transformative force in the financial industry, revolutionizing how lending institutions
