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MonJa’s Digital Banking and Lending Monthly Roundup | May 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

05/31/22 CU Economist Puts Odds Against Recession (Credit Union Times) According to CUNA Chief Economist Mike Schenk, the likelihood of a recession by the end of 2023 are minimal. The start of a recession is usually defined by two consecutive quarterly declines in GDP. Schenk believes that economic growth will pick up in the second quarter and will be significant. …

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MonJa’s Digital Banking and Lending Monthly Roundup | April 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

04/28/22 SBA direct lending will harm local financial institutions’ relationships (CUInsight) In most cases, the SBA does not act as a direct lender but rather ensures the repayment of loans provided by a credit union or another lender. In regards to that, the CUNA wrote to the House and Senate Small Business Committees stating that the effective approach for a …

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MonJa’s Digital Banking and Lending Monthly Roundup | March 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

03/28/22 The strategic cryptocurrency opportunity for credit unions (CUInsight) There is growing mainstream curiosity and inquisitiveness about cryptocurrency, especially among Gen Z and millennials. It now may be the time for credit unions to enter the cryptocurrency market as part of their attempts to acquire and retain Gen Z and millennial members. In December, the NCUA released guidelines emphasizing that …

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MonJa’s Digital Banking and Lending Monthly Roundup | February 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

02/18/22 Realizing the Opportunity in the Subordinated Debt Market (Credit Union Times) As most low designated credit unions (LICUs) have increased and the NCUA’s Final Rule on Subordinated Debt has expanded issuer eligibility, the industry now has more opportunities than ever before to reap the benefits of the subordinated debt market. The wider subordinated debt market has grown and evolved …

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MonJa’s Digital Banking and Lending Monthly Roundup | January 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

7 Minutes Read MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending are 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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MonJa’s Digital Banking and Lending Monthly Roundup | December 2021

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

7 Minutes Read MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending are 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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MonJa’s Digital Banking and Lending Monthly Roundup | November 2021

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

7 Minutes Read MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending are 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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MonJa’s Digital Banking and Lending Monthly Roundup | October 2021

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

7 Minutes Read MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending are 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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MonJa’s Digital Banking and Lending Monthly Roundup | September 2021

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

7 Minutes Read MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending are 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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MonJa’s Digital Banking and Lending Monthly Roundup | August 2021

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

7 Minutes Read MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending are 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 ...