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5 Big reasons to go digital with SMB & commercial lending

Abrigo

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. The customer portal for requesting financials and tax returns. Digital lending. This has several bonuses.

Lending 195
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For faster loan origination, stop doing this

Abrigo

Taking a critical look at the existing steps for the financial institution’s loan applications and credit decisions can uncover opportunities to offer faster business loan decisions that provide a better member or customer experience. Stop manual tax-data entry. Stop the loan-request runaround. Use a digital loan request.

Lending 222
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Death, Taxes And Digitizing Insurance Payments 

PYMNTS

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. In an interview with PYMNTS, Colin Zalewski, senior product marketing manager for One, Inc., In one example, One, Inc.

Taxes 101
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Conducting Experiments in Credit Management: 4 Best Practices

FICO

As credit issuance, account management and collections enter the digital age, the opportunity for innovative experimentation is accelerated and made more complex by the wide range of data and decision points a digital platform enables. The Pillars of Experimentation.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030.

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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning

PYMNTS

Banks are increasingly embracing new channels to offer seamless omnichannel services to their customers, but doing so often creates silos that handle large amounts of collected data. Fraud orchestration can help solve this issue as it allows banks to build holistic fraud prevention defense systems and gain 360-degree views of their customers.

Fraud 131
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LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  

PYMNTS

Management pointed to tightening credit standards even as rising rates helped boost results, trends that are likely to continue. billion, while custom loans — defined as those near prime, super prime and “testing” programs — stood at $621 million, compared to $447 million. million, beating consensus by about $2.6

Taxes 159