article thumbnail

Commander In Chief: Mitek Systems’ CEO Innovation Download

PYMNTS

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

article thumbnail

Change management in banks and credit unions: A key to success

Abrigo

DOWNLOAD Takeaway 1 Financial institutions should review change management processes, given the ever-evolving landscape and examiners' attention. It identifies inefficiencies, eliminates redundant processes, and encourages the adoption of innovative technologies, resulting in cost savings and improved customer satisfaction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

article thumbnail

Loan decisioning technology’s role in small business lending

Abrigo

In their Spring 2016 Semiannual Risk Perspective , regulators have publicly acknowledged increasing risk in commercial real estate lending, so small business lending seems like it may be an alternative path. Many community banks and credit unions are turning to small business loans as a source of loan growth.

Lending 186
article thumbnail

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.

article thumbnail

OCC calls for “responsible innovation” amid fintech wave

Abrigo

banks incorporate “responsible innovation” as they adapt quickly to these advances, but what exactly does that mean? In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform.

article thumbnail

How to Establish Quality Fintech Partnerships

Abrigo

DOWNLOAD WHITEPAPER . Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . It’s great that more financial institutions are welcoming technological innovations, but banks and credit unions must consider the long-term impact of their partnerships.

Fintech 195