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P2P lending makes it to main street?

Celent Banking

In this same line, Banco Galicia in Argentina has a very interesting offering – Galicia MOVE – aimed to college students based on a totally digital proposition, underpinned by the use of digital channels and a targeted marketing strategy. Banks are certainly not playing hide and seek with P2P lending. Change or die.

Maine 100
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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Instead of thinking about how you can grow customers, the commercial lending team often thinks about increasing loans. The branch thinks about increasing deposits, and Treasury Management thinks about growing treasury management. Neither the product staff nor the marketing staff knows what they don’t know.

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Changing The Stripes Of Omnichannel Inventory Management

PYMNTS

Half the battle of inventory management is knowing where the products are in the first place — as in, on the shelves, in the stockroom or there at all. Given the fact that accuracy in inventory tracking, as noted by Zebra, runs at 60 percent, there is room for improvement.

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VCs Back Autobooks For SMB Banking

PYMNTS

The company cited research from Below Research that found 70 percent of SMBs say they would use a cash flow management solution if it were offered by a bank, representing a gap between what small businesses want and what they get from their banks.

Detroit 122
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Federal Reserve warns about redlining and steering risks from digital targeted advertising

CFPB Monitor

Unfortunately, this is an area where there is very little regulatory guidance or commentary, leaving financial institutions with the task of making guesses and judgment calls about how to use ad targeting effectively, and in a way that minimizes fair lending risks.

Lending 130
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Building your growth plan: Key metrics to consider - Part 2

Abrigo

As the leadership teams at many banks and credit unions perfect plans to grow their loan portfolios, management can depend on several key metrics to measure the effectiveness of their plans and execution. One cost-effective marketing strategy for financial institutions is to start local within the institution’s targeted geography.

Resources 238
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4 Ways Chatbots Can Improve the Car Buying and Ownership Experience

Perficient

We recently implemented a chatbot for a bank’s automotive lending division. We’ve also implemented incentive management capabilities to help consumers understand what offers are available and which provide the most value to them. don’t make someone call you when they started the conversation in a chat).

Strategy 409