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The top lending & credit risk blogs of the year

Abrigo

As 2023 winds down, community banks and credit unions have worked hard to attract new customers and members and retain existing ones by streamlining processes and improving the end-user experience. They’ve also focused on managing interest rate risk in a rising rate environment.

Lending 221
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A Masterclass in Bank Total Experience In One Graphic

South State Correspondent

Banks that focus on the customer experience have come to learn that it is not the forward-facing customer experience that matters, but the “total experience” that now counts. Total experience is the business strategy for creating superior customer AND employee experience.

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It’s a Program, Not a Project: Designing Websites for Accessibility

Perficient

It creates a more efficient and less expensive lifecycle process as defects are identified and solved before going to market. It helps in other crucial areas of your organization, such as search engine optimization (SEO) and legal risk management. These include motor, cognitive, visual, and hearing disabilities.

UX 531
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How Opening Bank Data Can Transform SMB Lending

PYMNTS

with open banking now more than 2 years old, the financial services industry has discovered that unlocking data can have a significant impact on the satisfaction of SMB borrowers, even facilitating easier bank switching for SMBs in search of a better user experience. In the U.K., A Win-Win for Banks and SMBs. ” The U.S.’s

Lending 233
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Enterpay Raises Funds To Expand Internationally With B2B Invoicing Solution

PYMNTS

“We are proud to say that some of Finland’s most accomplished companies trust Enterpay to deliver unique, digital payment services to their B2B customers,” Jarkko Anttiroiko, CEO at Enterpay, said in a press release. billion) European e-commerce market. “In It should be just as easy for companies to shop online, as it is privately.”.

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Geolocation Puts A Pin In Anti-Fraud Solutions

PYMNTS

Unlike the crypto markets, Wingert said the banking and payments industries continue to be slow to adapt to the challenges of KYC and fraud prevention. Can you really know your customer if you don’t know their location?” Where there’s a customer expectation, the institution needs to respond,” Wingert said.

Fraud 270
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Delivering Trust for Risk-Aware Telcos - Using Data and Analytics

FICO

Even if they’re appealing to younger demographics, those with lean credit histories and so-called ‘thin-files’, success hinges on the perception of trust, security, appropriate risk-aware offers and the quality of customer experience. Telcos and the Need for Risk-Aware Persona-Based Acquisition.