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
Loan Growth
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans that generate interest income.
Consumer Lenders See Unexpected Bonanza as People Battle Inflation
Borrowing on credit cards and personal loans kicks up as people seek to deal with rising prices. Is a sharp rise in delinquencies
Cannabis Banking: Are the Rewards Worth the Risks?
Most financial institutions shun the pot business, but others in states where marijuana is legal say low-cost deposits are worth the
Green Loans: A Fast-Track Method to Be a Banking ESG Leader
Consumers increasingly expect banks to embrace environmental policies. That can create tensions, but also opportunities for loan
How Embedded Finance is Blending Banking and Commerce
Banks that partner with retailers and other sellers to become their invisible financial channel can pick up new customers and loan
High Rates & Tight Housing Spells Bleak Outlook for Mortgage Lending
Almost overnight mortgage lending has become a different proposition. Altered housing economics is forcing changes in marketing
Bank Branch Closures Forecast to Surge Again (Here’s Why)
Even after 2021's record number of bank branch closures, more are expected as digital sales grow and earnings pressure
Key Questions for Banks Choosing a Consumer Loan Origination Solution
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
Should More Banks Follow Fintechs into the Personal Loan Market?
SoFi, Lending Club, Marcus, U.S. Bank and Wells Fargo already vie for unsecured personal loans. Rising demand may create more
Electric Vehicle Lending: How Green Loans Can Accelerate Growth
Financing of electric vehicles is building, giving banks and credit unions the opportunity to gain loan growth from green cars and
Home Equity Lending to Fuel Accelerated Loan Growth for Banks
Record levels of home equity beckon lenders hungry for growth. But they must remember that home prices also go
Technology & Innovation Key to Growth in Tough Mortgage Loan Market
Mortgage lenders seek new strategies and technologies to deal with changing borrower demographics and streamline the homebuying
Where Banks Can Find Consumer Loan Growth in Inflationary Times
People with pristine finances rarely need credit. Growth-hungry banks must look to those lower on the credit score chain to book loans.
Can Artificial Intelligence Jeopardize Banks’ Loan Growth?
A modern AI-supported loan platform can help community banks be competitive and grow, but requires care in deciding which features to
Partnering with ‘Lendtechs’ to Grow Loans and New Accounts
Digital allies can spread a traditional financial institution's lending net wider and deeper, but controls are
How Deposit Patterns Can Guide Bankers to Better Credit Risk Decisions
Two out of five turndowns could become viable loans if traditional institutions augment credit scores with alternative data from
Mainstream and Fintech Lenders Creeping Further Into Non-Prime Lending
Banks, credit unions and digital newcomers step up lending to lower credit tiers to build balances & revenues. The great unknown:
Mortgage Lending Snag: Boomers & Millennials Vie for the Same Houses
Just as more Millennials are finally looking to become homeowners they find starter homes have been grabbed by retirees or
The Future of Consumer Credit in 2022 (And Beyond)
Omicron and persistent inflation cloud an otherwise upbeat view of growth in most categories. Home equity credit may be in for a
How the Salesforce + Rocket Partnership Changes the Mortgage Market
Mortgage-as-a-service gets a big boost, giving community financial institutions new options, and confirming the value of a human
How a Cool 0% Loan Improves Wellness and Grows New Deposits
Novel plan provides anonymous help for people in a bind (including financial institution staff), generates new business and is
Driving Loan Volume Starts With Smart Marketing Strategies
Bank and credit union marketers can put surplus deposits to work (and increase budgets) by effectively mixing four marketing