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MonJa at Marketplace Lending & Alternative Financing Summit 2019

In Commercial Lending, Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Opal's Machine Learning & AI Panel: from left to right: James Wu, Joseph Breeden, Ido Lustig, and Tim Collins Introduction The Marketplace Lending & Alternative Financing Summit was held on 8-10th December at Monarch Beach Resort, Dana Point. The Summit is an educational forum designed for investors, issuers, platforms, underwriters, banks rating agencies, lawyers, service providers, accountants, and other related ...
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MonJa’s Digital Banking and Lending Monthly Roundup | November 2019

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

6 Minutes Read 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 ...
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Online Lending Monthly News Update- December

In Commercial Lending, Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Online Lending Monthly News. Here are some of the top stories and trends of November 2019 for online lending investors and industry watchers. Industry News 11/1/2019 Judge Rules OCC Unable to Issue Fintech Charters. (LendAcademy) 11/1/2019 The changing shape of bank-fintech partnerships. (American Banker) 11/4/2019 The ‘Underbanked’ Is The Next Trillion-Dollar Opportunity in Fintech. (Forbes) 11/5/2019 6 Fintech Podcasts to Listen ...
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MonJa at Small Biz: Banking Conference in Los Angeles

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

Read time: 5 min   Introduction The Small Biz: Banking Conference was held on November 19-21 at the Intercontinental Downtown in Los Angeles. From the last 23 years, the American Banker Small Business Banking Conference has been the nation’s largest and most progressive small business banking event in the industry. The Conference’s main aim is to help banks develop effective ...
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The Federal Reserve Bank of Philadelphia: Third Annual Fintech Conference

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

Read time: 5 min   About The Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia is one of the 12 Regional Reserve Banks that make up the Federal Reserve System together with the Board of Governors in Washington, D.C. Philadelphia Fed has been a strong advocate of growing the fintech ecosystem and has been a regular contributor in ...
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Is Your Bank Ready for Cloud Technology? Pros and Cons of Running Systems On-Premise vs. in the Cloud

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

Read time: 5 minutes Introduction Cloud technology can allow lending organizations scalability so even the smallest credit union or community bank can benefit. Care must be taken to ensure that sensitive financial information remains the property of the lending institution. The solution involves access to expert financial cloud-based software, accessible via portal logins. This keeps customers and proprietary data safe ...
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Online Lending Monthly News Update- November

In Commercial Lending, Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Online Lending Monthly News. Here are some of the top stories and trends of October 2019 for online lending investors and industry watchers. Industry News 10/30/19 The Opportunity For Fintech Has Never Been Bigger (LendAcademy)  10/30/19 Monzo appoints ClearBank top executive as its new Chief Risk Officer   (AltFiNews)  10/29/19 The changing shape of bank-fintech partnerships (AmerBanker) 10/29/19 Walmart to build accelerator ...
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MonJa’s Digital Banking and Lending Monthly Roundup | October 2019

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

5 Minutes Read 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 ...
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Automation Of Credit Underwriting For Banks And Credit Unions: 9 Reasons Why It Is Beneficial

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

Read time: 7 minutes Introduction The advent of technology has undoubtedly changed the way things function in the world. In times where people depended on traditional banking and other offline sources for loans, credit underwriting was a tedious and very long process for borrowers. Now, with lending accessible through digital platforms, credit underwriting has also had to evolve to fit ...
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Top 10 US Commercial Banking And Lending Tech Providers

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

Read time: 8 minutes Commercial banking technology is rapidly catching up to innovations in the digital, non-banking sector. Larger financial institutions have realized that the future of commercial banking lies in embracing innovations that improve processes, reduce costs and, most importantly are more responsive to customer needs. The Market of Commercial Lending Technology While the market has a long list ...