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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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5 Big reasons to go digital with SMB & commercial lending

Abrigo

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. APIs and digital doc prep ease the workload on your SMB and commercial lending staff, too. . Digital lending.

Lending 195
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Understanding Your Core Deposit Study: Reading Between the Lines

Abrigo

How to get the most out of a core deposit study. Takeaway 2 Understanding the key outputs of core deposit studies helps management develop deposit management strategies through pricing. Core Deposit Study Results. Many financial institutions update their study every four to five years. Why such a variance in approaches?

Study 195
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How To Do Better Against National Bank Lending Competition

South State Correspondent

Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. Unfortunately, banking is challenging to study, and some banks inadvertently ignore their significant competitors.

National 195
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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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Digital financial services to generate $38b in southeast Asia, study finds

Bank Innovation

Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by 2025, more than tripling from $11 billion in 2019, according to a new study by Bain & Co., Online lending will comprise about half that total for […].

Study 186
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RBI Study Warns Banks Of Ad Hoc Tactics To Inflate Lending Rates

PYMNTS

A report out by the Reserve Bank of India (RBI) warns banks across the country that their “ad hoc” processes to inflate lending rates or prevent them from falling is having an adverse effect on small- and medium-sized business (SMB) borrowers. News reports in Moneylife on Monday (Oct. News reports in Moneylife on Monday (Oct.

Study 108