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Benefits of Leveraging Technology for Document Preparation

Abrigo

Furthermore, adopting technology has allowed banks to grow safely and soundly, with innovations that make the loan portfolio more defensible. Financial institutions should look to technologies that allow for the automation of manual data entry to mitigate risk and allow the institution to grow safely. Learn more.

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Trulioo Launches Facial Recognition, Document Verification Product

PYMNTS

Trulioo , the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized businesses (SMBs) to provide the same level of online protection to their customers as global conglomerates. Wilson did not disclose the product price.

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The Role of Digital Document Collection in Fraud Prevention

BankInovation

Navigating the landscape of finance and technology requires innovation and a strategic vision addressing industry challenges. In the face of rising fraud, digital document collection and consumer transparency is a game-changing approach for lenders.

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Charles Potts: Agtech’s innovation opportunities

Independent Banker

Innovations like these, applied to the farming industry, can accelerate the lending process for farmers, saving them time and money. Just before the pandemic, the $130 million-asset bank implemented remote signatures, empowering farmers to e-sign loan documents and return them electronically to the bank. The demand is evident.

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Top 10 Benefits of Automating Closing Documents

In the fiercely competitive landscape of commercial lending, where FinTech's digital transformation initiatives take center stage, the complexities of loan documentation are constantly evolving. Innovative solutions are now essential to navigate this dynamic landscape and achieve success in the fast-paced world of commercial lending.

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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Saudi Arabia’s central bank said the plan is for open banking to go live in the first half of 2022.

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FinCEN Strengthens Commitment to Digital Innovation

Abrigo

Key Takeaways FinCEN hires Digital Innovation Officer to prove commitment to innovation in BSA/AML. Abrigo embraces innovation with the introduction of artificial intelligence scenarios. Abrigo Embraces Innovation with Machine Learning Scenarios. Be at the forefront of innovation in BSA/AML. learn more.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance. Learn how to generate compliant closing documents in minutes, streamline operations, and reduce risks.

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Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI

See how theLender, using transformative digital technology, grew their lending volume by orders of magnitude with an innovative approach to mortgage lending. Private lenders are working to keep loan costs down and offer a frictionless and affordable lending experience.

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The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

Moving forward, automation and non-QM loans will play key roles in driving innovation and expanding the pool of potential borrowers. Check out GoDocs’ “Lender’s Guide to Document Challenges for Non-QM Loans” for a detailed look at the benefits of non-QM loans, how to maneuver your way through, and what the future may bring.