Committees : Lending
One loan management platform shone when banks and borrowers needed help managing loans in the chaos of the coronavirus pandemic, notching it the top spot in the lending category as part of Bank Director’s 2021 Best of FinXTech Awards.
Banks have something to learn from retailers that offer an express credit approval process that rewards customer loyalty.
Banks can improve the application journey and reduce instances of abandonment with smart conversion tools powered by AI.
Rather than simply accepting their fate and holding onto low-yielding floating-rate assets, banks can use swaps to improve their net interest margin.
Virtual financial coaching represents a huge market opportunity for banks.
Tech-enabled mortgage services can empower banks and lenders as they forge relationships with consumers and real estate professionals.
In the government’s massive aid program for small businesses, Biz2Credit found its niche.
The keys to understanding a bank’s profitability come from a mindset shift and a single source of information.
Contrary to concerns, banks found that digital channels and self-service actually deepened customer relationships during the pandemic. Here’s how.
A look at how the leveraged loan market performed in 2020 and what it reveals about expectations for this year.