Have We Forgotten About the Great Recession?

Have We Forgotten About the Great Recession?

Since the last recession, the economy has experienced the longest upturn in decades. While this has created opportunities for growth, financial institutions may have forgotten some of the important lessons learned from the Great Recession, thus, loosening underwriting standards. As the economy expanded and the number of borrowers increased, for some, this led to complacent […]

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When High-Tech Soars Higher

When High-Tech Soars Higher

In today’s business environment, terms such as “digital transformation,” “machine learning” and “blockchain” have achieved buzzword status and then some: high-tech lightning in a bottle, is more like it. And yet, there remains a disconnect between the technology financial institutions need to stay competitive and the trap of taking on new systems just for the sake of it.   The allure of shiny […]

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How Seamless, Superior Digital Lending Boosts a Bank’s Portfolio

How Seamless, Superior Digital Lending Boosts a Bank’s Portfolio

A smooth, user-friendly digital lending experience is just as much a priority for banks and credit unions as consumers, particularly the digital natives who make up the millennial segment and Gen Z. In fact, a broad swath of companies—from Amazon and Alibaba, to fintechs and alternative lenders, all the way to major institutions like U.S. Bank—are well on their way […]

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