Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans, personal loans that generate interest income.
Pressure on funding costs might ease, but that's not the whole picture. Here are five key points to weigh as the Fed begins lowering rates.
As the Fed Trims Rates Banks Must Adjust Both Deposit and Credit Strategies
Pressure on funding costs might ease, but that's not the whole picture. Here are five key points to weigh as the Fed begins lowering rates.
Amid Rising Delinquency Rates, Auto Lenders Seek Safe Growth
A slowing economy is impacting auto loan performance. Ally and Capital One discuss the worrisome trends.
Enhancing Lending with Document Processing Automation
AI and machine learning streamline the loan process boosting efficiency, reducing errors and optimizing the member experience.
Balancing Risk and Speed in the New Era of Digital Lending
Janel Hartin, Senior Loan Administrator at Bangor Savings Bank, walked me through the bank's digital transformation journey, focusing on streamlining the lending process and enhancing customer experience.
AI-Assisted Lending Could Boost Small Banks. But Regulatory Fear Stifles Innovation
Worries over examiners' reactions to AI adoption hold back many lenders, even as Washington gathers more data about AI technology.
How Generations FCU Has Revolutionized the Speed of Lending
Learn how the modernization of Generations' lending platform emphasizes the importance of efficient processes.
Does Rapid Growth in Home Equity Credit Signal a Coming Repeat of the 2008 Meltdown?
An appetite for credit is pushing homeowners toward more home equity financing. Is America using its homes as ATMs again?
CFPB’s Rule, Plus Inflation, Will Make Buy Now, Pay Later Mainstream
Back-to-school season is the first test for buy now, pay later lending in the wake of the CFPB's leveling of the regulatory playing field.
How Alternative Data is Transforming Lending
Hear from Warren Hogarth, CEO of Empower, and Colton Pond from LoanPro on examples of alternative credit data points and the evolution of underwriting processes.
How Regional Banks Like Citizens and NYCB Are Tackling CRE as Office Sector Drags
Workouts attempt to shrink exposure or improve lenders' position, but sometimes selling the loan to somebody else works best.
Balancing Technology with Personal Touch: The Evolution of Digital Lending
Lynn Yznaga of Broadway Bank discusses the transformation of digital lending processes, balancing technology with personal touch and preparing for AI in banking.
How Innovation Can Drive Growth in Lending
Charley Ma from Exponent Founders Capital and Colton Pond at LoanPro discuss the importance of innovation in lending, emphasizing the difference between noise and emerging opportunities.
The Future of Lending Is Up To the Innovators Who Personalize
Laurel Road and LoanPro leaders discuss personalized lending, infrastructure modernization and the future of financial services.
What Bang Do Financial Marketers Get for Their Bucks?
More marketing spend drove higher loan and deposit levels in all but one bank size category in 2023. But revenue boosts were more elusive.
How a $5B Bank Modernized Digital Lending
Lynn Yznaga, SVP at Broadway Bank, covers the importance of digital growth and meeting customers where they are, to the delicate balance of risk sensitivity and streamlined processes.
Leveraging Data to Personalize the Lending Experience
Amber Isaku, VP of Lending at A+ FCU, discuses the credit union's journey to digitize and personalize the lending experience for its members while maintaining a human touch in an increasingly digital landscape.
Removing Friction from the Lending Experience
Tim Wheeler, Chief Lending Officer at Fortera Credit Union discusses the importance of simplifying the digital borrowing process for members at a time when consumers expect seamless experiences.
For Gen Z and Millennials, Embedded Loans Beat Traditional Credit
A new report shows a rise in consumers’ demand for embedded lending, even if they're not using it (yet). Banks need to get ahead of the curve.
LendingClub’s Vision for the Future of Digital Banking
Scott Sanborn, CEO of LendingClub shares the changes that have been made since the acquisition of Radius Bank and his vision for growth of LendingClub using a marketplace banking strategy.
Gen Z Credit Card Use is Outpacing Millennials’, Amid Financial Stress and Ballooning Debt
A new study shows Gen Z ramping up spending and debt, even while their understanding of credit is weak.
Credit Cards Fuel Big Banks’ Loan Growth Amid ‘Normalization’
Credit card lending boosts big banks' loan growth as consumer spending normalizes post-pandemic.
How Alternative Data Can Help Lenders Discover High-quality Borrowers
Lenders should look beyond the traditional measures of consumer behavior to get a better view of how customers are leveraging credit.
