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6 Key Components That All Loan Administration Software Should Have

Abrigo

Access should be easy but not at the expense of data security. Make sure redundant security measures are in place and the required encryption standards. In addition, leveraging lending correspondence software creates a better user experience and streamlines the internal processes. Data security.

Software 195
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Experts May Overestimate SMBs’ Understanding Of Cyber Threats

PYMNTS

A new white paper from QuickBridge found an estimated 50 percent of small businesses that fall victim to a cybercrime are unable to recover and, as a result, are forced to shutter their doors. . For example, the number of instances in which attackers went after Social Security numbers increased eightfold between 2016 and 2017.

Training 184
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Key Innovations Boosting Corporate Banking Revenues

PYMNTS

The biggest opportunities exist in transaction banking and commercial lending, Finastra said, but there is also a real opportunity in working with FinTechs (and the tech they offer) to help banks land a larger slice of the combined $915 billion in revenues FIs are expected to see at the end of the decade.

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Can FinTech Walk The FinTalk?

PYMNTS

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4

Fintech 183
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Next-Gen Loan Document Automation in Private Lending

Time is crucial, and leading private lenders are taking the necessary steps to secure their market share before it's too late. Check out the white paper to see how private lenders are catapulting their advancement and embracing the commercial lending automation ecosystem to make it happen.

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Expected changes at CFPB under new leadership highlighted in Ballard Spahr webinar

CFPB Monitor

Cordray referenced an April 2020 white paper he co-authored that outlined immediate actions the CFPB could take to address the pandemic.) Chopra “his own person” and expects him to take the CFPB in new directions. He expects Mr. Chopra to vigorously pursue ways for the CFPB to support consumers financially injured by the pandemic.

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Sizzle Or Fizzle: Payday Loans, Wells Fargo, Chip Cards – And Cybersecurity

PYMNTS

On the heels of Lending Club’s fall from grace this week – the day after to be precise – Wells Fargo announced that it would come to the rescue of SMBs by offering fast decisions on small business loans. Alt Lending. Lending Club lost 80 percent of its market cap in just 2.5 Payday Lending. Wells Fargo.

Cards 100