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Perficient Included in IDC Market Glance: Lending Digital Transformation Strategies

Perficient

While it was once expected and acceptable for lenders to enforce standardized payment due dates and policies, COVID-19 brought the impracticality and ineffectiveness of a “one-size-fits-all” approach to credit and lending to light. The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending.

Lending 354
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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. This is a market that's going to be digital-first in the future," he said. Flexible Technology.

Lending 289
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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

By leveraging their strengths in relationship lending and their access to technology in order to grow the small business loan portfolio profitably. You might also like this whitepaper on big opportunities in small business lending DOWNLOAD . Changing Lending Environment. Small businesses are turning to small lenders.

Lending 195
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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221
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Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI

See how theLender, using transformative digital technology, grew their lending volume by orders of magnitude with an innovative approach to mortgage lending. Private lenders are working to keep loan costs down and offer a frictionless and affordable lending experience.

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Personalized Marketing: What Banking Customers Really Want

Perficient

However, it’s not always obvious which of the many potential technology vendors and implementation partners will best drive an organization’s desired business goals. blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation).

Marketing 294
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Why banking technology makes sense – recession or not

Abrigo

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

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Unique Challenges in the C&I Market Bridging the Gap from Attorneys to Tech

Speaker: Ren Hayhurst, Sr. Counsel and Executive Director

Immerse yourself in the world of C&I lending as we explore the unique challenges to the market. Learn how to bridge the gap between technology and attorneys to enhance operational efficiency. Experience our game-changing C&IDocs™ demo, showcasing cutting-edge solutions tailored to the C&I lending industry.

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The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

As the commercial lending market continues to evolve, non-QM loans are becoming an increasingly popular offering among lenders looking to create new revenue streams. While lenders took a hit during the pandemic, the housing shortage is driving more investors to seek out non-conventional loans in order to meet demand.

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The Lenders Guide to Automating Complex Loans

This comprehensive guide provides commercial lenders with key insights into automating small-balance, mid-market, and large-cap loan documentation with advanced technology. Check out the guide and get your custom ROI!

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.