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How Financial Institutions Focus on Customers Is Key

Abrigo

The session is among several panel discussions and speaker sessions that are part of the Lending + Credit Risk track at the conference, hosted by Abrigo Sept. Stay Up-to-Date On Lending Best Practices. Some financial institutions, such as Vision Bank, have taken steps to speed lending decisions by automating steps of the process.

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Top Banking Challenges: Finding Growth in 2021 and Beyond

Abrigo

Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Chairman and Co-CEO of First Oklahoma Bank, in a recent interview with TulsaWorld.com. β€œOr

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FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. LendingTree. The companies said their initiative is geared toward enabling community FIs a competitive edge.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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Creating a Customer-Centric, Digital Financial Institution

Abrigo

Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t β€œone-size-fits-all.”

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NY DFS announces multistate investigation of payroll advance industry

CFPB Monitor

In its press release, the DFS claims that the investigation will look into β€œallegations of unlawful online lending” and β€œwill help determine whether these payroll advance practices are usurious and harming consumers.” Oklahoma Department of Consumer Credit. Maryland Office of the Commissioner for Financial Regulation.

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Lender Life

Independent Banker

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. When Community Bank of Bergen County unveiled its online mortgage hub this summer, the bank put β€œease of use” at the top of its goals for the site, says President and CEO Peter Michelotti. β€œI The online mortgage hub at D.L.