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MonJa’s Digital Banking and Lending Monthly Roundup | March 2020

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 – April 2020

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 March 2020 for online lending investors and industry watchers. Industry News 3/3/2020 Lenders debate whether Open Finance will boost or curtail lending (AltFi News) 3/3/2020 Tips to Pay off Debt in 2020 for Financial Freedom (Prosper Loans) 3/4/2020 Is Facebook stepping away from Libra? (Crowdfund Insider) 3/5/2020 ...
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Banks: To Stay Relevant – Build Partnerships With Fintech

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

Read time: 5 minutes Fintech allows community banks and credit unions to compete with the larger financial conglomerates. Most banks are likely already utilizing some fintech, but the addition of artificial intelligence and machine learning produces better outcomes. For example, automated loan underwriting software can help a bank to increase the number of applications that can be processed at a ...
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Online Lending Monthly News Update- March 2020

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 February 2020 for online lending investors and industry watchers. Industry News 2/3/2020 Mintos sees 300% lending growth in 2019 (AltFi) 2/3/2020 3 Reasons for a Bank To Tap Into Outside Loan Underwriting Services (AltFi) 2/4/2020 What Brexit Day means for the future of fintech? (FinTech_Futures) 2/5/2020 Visa ...
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MonJa’s Digital Banking and Lending Monthly Roundup | February 2020

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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How Can a Bank Increase Revenue By Accessing Fintech Automated Underwriting?

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

Read time: 6 minutes Introduction Any lending business faces a challenge with modern banking processes. How can your institution balance the loan amount with the time spent underwriting to ensure that loan processing is profitable and functions as a revenue stream generator? Luckily, your institution can use Fintech automated underwriting software to achieve that. For example, statement spreading software these ...
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MonJa’s Digital Banking and Lending Monthly Roundup | January 2020

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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Online Lending Monthly News Update- February 2020

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 January 2020 for online lending investors and industry watchers. Industry News 1/2/2020 The Ten Biggest News Stories of the Decade in Marketplace Lending (LendAcademy) 1/3/2020 Bitcoin, despite its ups and downs, had a monster decade of growth (AmericanBanker) 1/6/2020 The Top 5 Fintech Trends Everyone Should Be ...
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Can a Bank Quickly Streamline Loan Underwriting With the Help of Fintech?

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

Read time: 5 minutes Introduction Manual underwriting processes make typical commercial loans (especially complex ones) extremely time-consuming for community banks and credit unions to analyze and underwrite. Financial institutions and lenders that use digital technology and tools, supported by risk assessments and artificial intelligence (AI), can process loans much faster and more efficiently.   Companies that specialize in digitally automating financial ...
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3 Reasons for a Bank To Tap Into Outside Loan Underwriting Services

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

Read time: 5 minutes Introduction The financial lending landscape evolves constantly and often community banks and credit unions falter when adopting new technology. You need to make sure customer data is safe for your reputation and make sure you have fast data access when undergoing audits, all while maintaining a competitive edge. An obvious money-saving choice is utilizing a cloud ...