
4 Ways Banks Can Use Alternative Data to Boost Loan & Account Growth
Nontraditional data enables bank marketers to enhance retail and small business account acquisition. Here's how to make the data
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans that generate interest income.
Nontraditional data enables bank marketers to enhance retail and small business account acquisition. Here's how to make the data
Borrowing on credit cards and personal loans kicks up as people seek to deal with rising prices. Is a sharp rise in delinquencies
Most financial institutions shun the pot business, but others in states where marijuana is legal say low-cost deposits are worth the
Consumers increasingly expect banks to embrace environmental policies. That can create tensions, but also opportunities for loan
Banks that partner with retailers and other sellers to become their invisible financial channel can pick up new customers and loan
Almost overnight mortgage lending has become a different proposition. Altered housing economics is forcing changes in marketing
Even after 2021's record number of bank branch closures, more are expected as digital sales grow and earnings pressure
Adding a modern loan system is vital for credit unions and banks to meet consumer expectations, but it's hard to do. Here's how to
SoFi, Lending Club, Marcus, U.S. Bank and Wells Fargo already vie for unsecured personal loans. Rising demand may create more
Financing of electric vehicles is building, giving banks and credit unions the opportunity to gain loan growth from green cars and
Record levels of home equity beckon lenders hungry for growth. But they must remember that home prices also go
Mortgage lenders seek new strategies and technologies to deal with changing borrower demographics and streamline the homebuying
Join MeridianLink August 23 to learn more about key strategies to help you meet your consumer lending growth objectives.
Read More about Three Key Strategies for Building Your Consumer Portfolio
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People with pristine finances rarely need credit. Growth-hungry banks must look to those lower on the credit score chain to book loans.
A modern AI-supported loan platform can help community banks be competitive and grow, but requires care in deciding which features to
Digital allies can spread a traditional financial institution's lending net wider and deeper, but controls are
Two out of five turndowns could become viable loans if traditional institutions augment credit scores with alternative data from
Banks, credit unions and digital newcomers step up lending to lower credit tiers to build balances & revenues. The great unknown:
Just as more Millennials are finally looking to become homeowners they find starter homes have been grabbed by retirees or
Omicron and persistent inflation cloud an otherwise upbeat view of growth in most categories. Home equity credit may be in for a
Mortgage-as-a-service gets a big boost, giving community financial institutions new options, and confirming the value of a human
Novel plan provides anonymous help for people in a bind (including financial institution staff), generates new business and is
Bank and credit union marketers can put surplus deposits to work (and increase budgets) by effectively mixing four marketing
Open banking and open finance are becoming household names. But, what exactly is open banking, and why is it so important?
Read More about Open Banking Explained: The What, Why, and How