Buy Now Pay Later: Striking the Balance Between Regulation and Innovation
LendTech Collective Monthly Newsletter | July 2023 (Edition:127) In this edition: BNPL Regulation and Compliance: How to Sustain Growth. Buy Now Pay Later (BNPL) has experienced an explosive surge in popularity due to its convenience, absence of interest rates, and streamlined approval process. The increasing adoption of BNPL has highlighted the growing significance of financial […]
Top 5 Compliance Challenges for the Financial Services Industry
In the ever-evolving landscape of the lending industry, compliance has emerged as a vital cornerstone for success. With its complex regulatory framework and stringent requirements, the financial services sector emphasizes maintaining compliance standards. For lenders, adherence to regulatory guidelines and industry best practices is not merely a legal obligation but a strategic imperative. It ensures […]
Get Seamless Digital Onboarding While Tackling Compliance Hurdles
LendTech Collective Monthly Newsletter | July 2023 (Edition:126) In this edition: Featured Article: Digital Onboarding Solutions for a Frictionless Customer Journey The adoption of digital onboarding represents a paradigm shift in the lending industry. Lenders leveraging technological advancements can streamline onboarding, enhance customer satisfaction, and drive operational efficiency. By embracing digital onboarding, lenders can demonstrate […]
Digital Onboarding Solutions for Frictionless Customer Journeys
The adoption of digital onboarding represents a paradigm shift in the lending industry. Lenders leveraging technological advancements can streamline onboarding, enhance customer satisfaction, and drive operational efficiency. Lenders can demonstrate their commitment to providing a modern and customer-centric experience, setting themselves apart from competitors. Weighing the Options: Onboarding Solutions and Their Pros and Cons […]
Regulatory Compliance for Fueling Business Growth.
LendTech Collective Monthly Newsletter-June 2023. Edition- 125 Navigating Regulatory Compliance: How Lenders Can Leverage. Regulatory compliance is a big deal in the lending business. It’s not something you can afford to ignore or take lightly. Following the rules and regulations set by the authorities is crucial for lending institutions to stay out of trouble and […]
Boost Member Retention, Fuel Credit Union Growth
How can we ensure your credit union’s success in today’s competitive landscape? The answer lies in a simple yet critical question: How effective is your member retention strategy? Why is retaining customers so important? Well, it’s simple. Retaining your existing members is more cost-effective than acquiring new ones. Member Retention: The Key to Sustainable […]
Navigating Regulatory Compliance: How Lenders Can Leverage it for Success.
Regulatory compliance is a big deal in the lending business. It’s not something you can afford to ignore or take lightly. Following the rules and regulations set by the authorities is crucial for lending institutions to stay out of trouble and keep their operations running smoothly. Operating in a non-compliant manner can face hefty fines, […]
Data Analytics to Propel Your Credit Union’s Growth
Data analytics can play a crucial role in driving growth and improving decision-making within a credit union. Explore the infographic below to learn how! That’s great to hear! Data analytics can play a crucial role in driving growth and improving decision-making within a credit union. By leveraging data, you can gain valuable insights into member behavior, […]
Optimizing Credit Management in Lending: Maximizing Profit, Minimizing Risk
Credit risk management is a crucial aspect of financial management that involves identifying, evaluating, and mitigating the potential risks when lending money to borrowers. With the ever-changing economic landscape, it has become increasingly important for financial institutions and businesses to have a robust credit risk management framework. To address these opposing needs, Insight Consultants offers […]
Optimizing risk Management in Lending: Maximizing Profit, Minimizing Risk.
LendTech Collective Monthly Newsletter -May 2023 -Edition- 124 In today’s edition: Join us in this edition as we delve into the crucial role of credit management in the lending industry. Discover how we helped automate a client’s payment processing system and stay up-to-date with the latest finance and tech news. Stay informed with our coverage […]
