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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Events in the last year have pushed the conversation about digital transformation to a new level of focus for senior executives at financial institutions. Reality According to Customer Experience Executives. This translates to lost revenue of $110 billion pre-tax at banks and $10 billion at credit unions.

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The case for end-to-end digital lending

Independent Banker

In early 2021, the $490 million-asset community bank launched its Finastra Consumerbot product, which offers online applications for consumer loans for items like boats and vehicles. The pandemic accelerated the adoption of digital lending for both banks and consumers. Banks also are realizing efficiencies from automation.

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