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Technology Innovations for Banks and NBFC's in Lending Operations
If your organization is still investing “Months and Millions” in building customer journeys & process automation, then it is time to wake up. By the time your automation is ready, the time for the...
The “five Cs of credit” have stood the test of time for decades as basic guidelines for how lenders assess credit. Whether you’re assessing individual or commercial borrowers, these core criteria of c...
From macroeconomic shifts to advances in technology, the big drivers of global change continue to have a major impact on the world of commercial lending. And in a pivotal time for the market, three tr...
Financial crime damages the trust and stability that the economy relies on. As criminals use more advanced technology, there's a bigger need for smart and quick action—extending far beyond regulatory ...
When the going gets tough for commercial lenders, the tough get diversifying. In challenging macroeconomic conditions, there’s no guarantee your traditional customer base will weather the storm. But d...
As asset finance firms continue to drive growth, some will look to improve scalability of their credit function while others may look to expand into additional sub-verticals, lending against equipment...
Kris Frantzen, Senior Product Manager – North America, Temenos From the moment a borrower expresses interest in getting a loan to the final repayment, a bank’s communication strategies shape the custo...
Card fraud has been around for almost as long as credit cards themselves. But since the U.S.’s first reported case in 1899,[1] fraudsters and their methods have become increasingly sophisticated and ...
From evolving lending practices to new competition, and changing fraud risks and compliance needs, banks are constantly adapting to a shifting landscape. Below are 10 mega trends in banking: More RegT...
With market volatility and economic uncertainty, selecting the right banking partner has never been more important for consumers. On the surface, banks and credit unions are both financial institution...
In a world where the financial landscape continues to evolve, the rigid nature of the current credit system is a significant roadblock to financial inclusion and growth. The one-size-fits-all approach...
Student Loan Debt Crisis Worsens as Interest Rates Rise The student loan crisis is growing in the UK. In 2023, the average student loan debt was over £44,000 per student. Beyond this, rising interest ...