Is “Buy Now Pay Later’, the next payment disruption in consumer lending? 

During the COVID-19 crisis, buy-now-pay-later (BNPL) emerged as a hot segment within consumer lending when a large portion of consumer spending moved online. By venturing into BNPL space, financial firms can create a niche by transforming into two-sided marketplaces where they not only facilitate transactions but also provide a marketplace for discovery of new products. […]

Is “Buy Now Pay Later’, the next payment disruption in consumer lending?

Monthly Newsletter | May 2022 | Issue 118 Featuring  Focus On     Is “Buy Now Pay Later’, the next payment disruption in consumer lending?  During the COVID-19 crisis, buy now pay later (BNPL) emerged as a hot segment within consumer lending when a large portion of consumer spending moved online. By venturing into BNPL […]

Open Banking for Lenders

The pandemic has halted the proliferation of traditional paper-driven, face-to-face loans and forced commercial lenders to move toward digitalization. Additionally, fintech companies addressing the same issues are on the rise and are giving traditional consumer lenders a run for their money. Consumers are now moving towards creating bank accounts online to conduct transactions digitally. Meanwhile, […]

Lending Trends 2022 – how can Lenders adapt to become successful? 

As we enter this next phase of the recovery, the future is unfolding. 2021 has taught all of us a lot about handling the unexpected. Although FinTechs have been upending traditional banking models for years, the pandemic presented opportunities to enterprises to reinvent, adapt and emerge stronger. To ensure the continuation of the economy, lenders […]

Lending Trends 2022 – how can Lenders adapt? 

The LendTech Collective Insights to stay ahead! Bimonthly Newsletter | Mar 2022 | Issue 117 Featuring    Focus On     Lending Trends 2022 – how can Lenders adapt to become successful?  As we enter this next phase of the recovery, the future is unfolding. 2021 has taught all of us a lot about handling […]

With Fed rate hike, how can credit unions navigate?

The Fed is set to raise interest rates in 2022 faster than it has in decades. Credit Unions knew higher interest rates were on the way, but few expected the extraordinary pace at which they are now expected to rise. This scenario is pushing credit unions to re-evaluate both their lending and investment strategies. When […]

Leading Beyond QuickBooks: Beyond Basic Accounting & Finance

Forward-looking organizations need to go beyond what online finance and accounting applications such as QuickBooks etc. offer. Standard reporting features are not empowering enough. How forward-looking SMEs can provide more options and considerable versatility in customizing reports that will empower and enable effective executive leadership. Two Different Approaches There are two kinds of business owners […]

Top of mind for Credit Unions to watch out for 2022

In the past 22 months, Credit unions are being challenged with evolving regulatory changes, more robust disaster planning, and widespread staffing shortages. With views on lending slowly returning to ‘normal’, it is the right time for Credit unions to identify the Credit Union trends 2022, so  that CU CEO’s can focus while implementing post pandemic […]