Planning Your Journey To Digitization

In Featured, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

4 Minutes Read. Digital solutions are opening broader opportunities for financial institutions in small business lending and other services. Automation boosts process efficiency, leading to cost reductions while raising productivity. For most banks, a third-party provider is the most practical source for small business lending software solutions. In order to successfully integrate a digital lending solution and enjoy its maximum ...
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How To Create The Ideal Millennial Bank

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4 Minutes Read. How to Create the Ideal Millennial Bank "Millennials," the generation born between 1980 and 2000, are an economic force of almost unimaginable strength. They are the largest generation in American history, and by 2022 will make up more than 40 percent of the country's workforce. They already account for $1.3 trillion in buying power annually. And their ...
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Online Lending Monthly News Update- December 2018

In Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of November 2018 for marketplace lending investors and industry watchers: Industry News November 1, 2018 Fintech lender becomes first to connect to UK bank via Open Banking. (AltFiNews) November 1, 2018 Upgrade completes $282m securitisation. (AltFiNews) November 2, 2018 MonJa’s Digital Banking and Lending Monthly Roundup. (MonJa Blog) November 2, 2018 …

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MonJa’s Digital Banking and Lending Monthly Roundup | November

In Industry News, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain  herald a new era in lending. Fintech's are changing the competitive ecosystem,  empowering lenders to process loans faster and smarter.  In a world full of noise, understanding how ...
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Overview of Small Business Lenders – 2018 Update

In Featured, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

8 Minutes Read. We first wrote about key US-based alternative lenders inNovember, 2017. In case you missed it, here it is: Overview of US SMB Lenders (Alternative Lenders). This new article is a great addition and update! Please enjoy! Small Business Lending has dramatically evolved since the market crash of 2008. The almost $700 Billion small business lending market has grown ...
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Return on Investment on Technology: A Lender Perspective

In Featured, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

7 Minutes Read. As a traditional lender, the onslaught of alternate digital-only lenders has been relentless. They have captured a significant share of the consumer loan and small business finance market. New regulatory provisions like the OCC banking charter to digital-only banks will only fuel their nationwide expansion. As such, investing in lending automation is not an option anymore. Incorporating ...
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A Buying Guide to Small Business Lending Software

In Featured, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

8 Minutes Read. Lending software offers many benefits for financial institutions of all kinds. For small business lenders and institutions wishing to expand their markets, a lending software solution is virtually a must-have tool. There are many top-notch lending software solutions now available, but how do you pick the right one? This handy guide provides some key things to look ...
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Data Security in Digital Lending Space

In Featured, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

4 Minutes Read. The Equifax data breach in 2017 caused a significant data loss for more than 145 million people in the U.S., U.K. and Canada. Cybersecurity has become a top priority for financial institutions around the globe, particularly in the digital lending. The Equifax incident was considered a wake-up call for the industry. But even before that, data security in ...
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Online Lending Monthly News Update- November 2018

In Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Here are some of the top online lending stories and trends of October 2018 for online lending investors, lenders and industry watchers: Industry News 10/1/2018 These founders share what makes for a good fintech company. (Forbes) 10/1/2018 The future of banking: Fintech or Techfin? (Forbes) 10/3/2018 Good prices or good service: What hooks online-online banking customers? (American Banker) 10/4/2018 As …

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MonJa’s Digital Banking and Lending Monthly Roundup | October

In Industry News, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain  herald a new era in lending. Fintech's are changing the competitive ecosystem,  empowering lenders to process loans faster and smarter.  In a world full of noise, understanding how ...