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Technology Innovations for Banks and NBFC's in Lending Operations
As the owner, you will also give up ownership if you leave this group.
Varun Ghai AVP & Head of Business UK & Europe at Newgen Software Technologies (UK) Ltd
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 next change will have already come and you will be forced to ask for your next automation budget. In today's dynamic business environment, with redu...
11 April 2024 /regulation /retail
Matt Riggall Head of Commercial Lending Vertical, Cap. Markets at FIS
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 capacity, character, collateral, capital and conditions are just as relevant today as they were 20 or even 30 years ago. But do the five Cs need moder...
29 March 2024 /markets /predictions
Steve Sabin SVP, Division Executive, Lending at FIS
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 trends in particular are worth your attention. 1. The lending market is generally anemic Persistently high levels of inflation have gradually taken thei...
27 March 2024 /markets /predictions
Nick Green Director at Purple Patch Broking Ltd
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 adherence. And that’s where the bureaux come in. Bureaux play a key role—using powerful tools to analyse data and spot risks before crime occurs. The...
21 March 2024 /retail /crime
David Ratnage Commercial Lending Director, Capital Markets at FIS
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 do you have the innovative digital technology you need to move into new markets? Some regional banks in the U.S. have already suffered the consequences...
20 March 2024 /wholesale /markets
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 or assets that are highly specialized or have limited secondary markets. These changes will push these organisations towards enhancing their credit...
10 March 2024 /markets
Kris Frantzen Senior Product Manager – North America at Temenos
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 customer’s perception of its lending process. Many financial institutions underestimate the impact communication can have on their ability to deliver a po...
29 February 2024 /retail
Brad Strock SVP, Group Executive, Payments at FIS
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 are constantly evolving. You’ll think you’ve heard it all. But if you’re a financial institution and a card issuer, there’s now more need than ever fo...
19 February 2024 /payments /crime
Kathy Stares EVP North America at Provenir
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 RegTech Spending to Comply with Increasing Regulatory Scrutiny: With global financial regulations becoming more stringent, banks will also face increased ...
16 February 2024 /predictions
Marito Domingo Chief Finance Officer and Credit Officer at First Tech Federal Credit Union
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 institutions that offer the same fundamental services – checking and savings accounts, home and auto loans, investment needs, etc. – but that’s where the simila...
09 February 2024 /retail
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