Remove Fintech Remove Lending Remove Online Remove User Experience
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Digital lending fintech enters auto

Bank Innovation

LAS VEGAS — Bank of Oklahoma has adopted Blend’s digital lending platform, the fintech announced at the 2019 Auto Finance Summit. Blend’s platform is designed to simplify user experience for the consumer to drive increases in completed online applications and funding rates.

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Citizens Bank sees digital mortgage tools as a way to expand relationships

Bank Innovation

Citizens Bank is generating one-third of its mortgage applications online, thanks to a suite of tools the company rolled early this year and a partnership with San Francisco-based fintech firm Blend.

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App Store Approach Helps Banks Manage Partners, Speed Digital Transformation

PYMNTS

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Now, he said, “innovation needs to also be incorporated internally. “You

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What Open Banking Means For China, Challenger Banks And SMBs

PYMNTS

At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Open Banking FinTech Enfuce this week announced a partnership with financial crime and fraud management company Featurespace.

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How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution

PYMNTS

He pointed to small business lending operations as one example of this balancing act. For community banks, the trick is to identify which areas of the lending process can be automated and enhanced through digitization, and which can benefit from closer ties with clients. Signs Of Open Banking.

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Open Banking Can Scale With Incentives And API Aggregation

PYMNTS

The challenge as it now stands, however, is that the user experience for payments via open banking is not yet as seamless as the card payment experiences that many consumers are generally used to in high card penetration markets like the U.K. You need incentives to swallow up the slightly clunky user experience,” she said.

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Where Credit Unions Invest To Get The Best ROI

PYMNTS

Most CUs strive to delive r a simple, personalized user experience. This means providing solutions that enhance the banking experience regardless of which channel members use to interact with the CU. Auto lending is also getting an upgrade in the CU market.