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5 Benefits of expanding in-house member business lending

Abrigo

With the National Credit Union Administration issuing its final member business lending (MBL) ruling as of January 2017, credit unions are seeing increased flexibility in their lending limits. Internal foundation for growth The new MBL rule creates a foundation for commercial lending practices and portfolio growth.

Lending 150
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Small Business Banking Tests The Digital Identity Waters

PYMNTS

Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. As the October Digital Identity Tracker explores, the small business (SMB) lending and financial services industries have begun to dip their toes into more sophisticated identity validation tools.

Strategy 124
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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence. That compares to 39% of global or national banks with more than $10 billion in assets.

Examples 195