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Benefits of Leveraging Technology for Document Preparation

Abrigo

Financial institutions are looking for a solution to increase efficiency, decrease risk, and provide complete, defensible documentation for loan types. Document preparation solutions, like Fusion LaserPro, help financial institutions to automate data entry, save time, and reduce errors. Learn more.

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Intelligent document process market ‘exploding’

BankInovation

When Citizens Bank wanted to import data from the financial statements of its commercial borrowers, it turned to intelligent document processing (IDP) to automate aspects of the process, which previously relied on manual keying. Intelligent document processing leverages artificial intelligence (AI) technologies to read and process documents.

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Best practices for documenting analytical procedures

Abrigo

By Lana Richards, Contributing Writer, Sageworks Documenting audit and review procedures often feels more like administrative than value-adding work. And some procedures—like analytics, for example—require more extensive documentation due to the amount of judgment applied in their selection, design and evaluation.

Analytics 150
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Leaked Documents Show UN Facial ID Tenets Framed By China

PYMNTS

1), citing leaked documents. . The data obtained by FT shows that Chinese tech firms are striving to expand markets for the latest facial recognition technology while advancing a global standard. Standards offer companies a market advantage since the regulations are developed to complement their own proprietary technology.

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How to Choose the Best Automated Documentation System for Commercial Loans

The ability to efficiently and accurately process these loans is the key to surviving and dominating a competitive market. That is why we have put together a checklist to help you evaluate potential partners and find the best-automated documentation system for your requirements and needs.

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 Notaries Taking Note Of The Digital Documentation Push

PYMNTS

Notarize, the notary public platform that allows for the remote notarization of documents online, said Thursday that it raised $20 million in a funding round that brings the tally of money raised, cumulatively, to $31 million. Documents are digitally signed by the notary using a special x.509

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Decoding the market for inflation risk

BankUnderground

Understanding where the market thinks inflation is headed is crucial for policymakers, investors, and anyone who wants to keep their financial ducks in a row. They are like the crystal ball of inflation expectations, allowing traders to hedge against inflation risk and giving us a peek into the minds of market participants.

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Next-Gen Loan Document Automation in Private Lending

Time is crucial, and leading private lenders are taking the necessary steps to secure their market share before it's too late. This expanded market, once dominated by banks, now provides an opportune environment for private lenders to establish cutting-edge automation workflows to meet the abundant demand of borrowers seeking financing.

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What Lenders Need To Know: Increase of Standardized Loan Rejections

As the CRE market continues to tighten, the rejection of substandard loan documentation is on the rise. As lenders work to accelerate loan documentation to meet demand, they are often dealing with substandard automated loan documentation, which runs the risk of having loan documents challenged.

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A Comprehensive Guide to Construction Loan Issues for the Commercial Loan Market

This guide will review current construction loan issues of interest in the commercial loan market, such as: The current demand for new construction of housing developments, apartments, retail properties, and self-storage facilities. Construction loan documentation protections for lenders. Items of concern for construction lenders.

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

As the commercial lending market continues to evolve, non-QM loans are becoming an increasingly popular offering among lenders looking to create new revenue streams. While lenders took a hit during the pandemic, the housing shortage is driving more investors to seek out non-conventional loans in order to meet demand.

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The Lender's Guide to Automating Complex Loans

This comprehensive guide provides commercial lenders with key insights into automating small-balance, mid-market, and large-cap loan documentation with advanced technology. Check out the guide and get your custom ROI!

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Transforming Non-Performing Assets With Loan Modification Automation

Shifts in the market, combined with over a trillion dollars in commercial loans maturing in 2023, intensify the need for automated documentation solutions. Loan modification automation empowers lenders with advanced technology to handle a high volume of loans when needed most.

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

theLender recognized this gap in the market to address the pressing needs of both lenders and borrowers. theLender achieved full automation in the loan documentation process for each of its unique loan products, including auto-population through a direct import from the Encompass loan origination system.