Bank Lenders Brace for an Ugly Wave of Consumer Credit Defaults
Coming credit crisis will test ability of banks and credit unions to treat troubled borrowers fairly while recovering funds. New AI can help.
Loan Growth
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans, personal loans that generate interest income.
Trendwatch: How Auto Lending Keeps Driving Through COVID
Captive auto finance companies pull ahead of bank and credit union lenders as car industry assesses whether 2020's sales rebound will stick.
How COVIDnomics Is Disrupting the Consumer Lending Outlook
Consumer delinquencies are steady, but some worry that aid programs may mask problems. Small businesses, however, have significant issues.
6 Steps Before Adding E-Signatures to Your Lending Process
Digital signature technology has been helping banks and credit unions serve people through COVID-19 but are not risk-free.
Lenders Struggling With Rise of Gig Workers and Alt-Credit Challenges
POS financing is surging, changing consumer preferences and displacing credit cards. Are financial institutions prepared to manage the risks?
Digital Lending Requires Speed and Simplicity to Win Battle With Fintechs
Modern digital lending is no longer optional for traditional financial institutions, but a survival requirement in banking.
Open Banking Provides Potential For Revenue Goldmine
Open banking and open APIs provide opportunities to serve new markets and build partnerships for new revenue opportunities.
How Data and New Technologies Are Transforming Digital Lending
An important component of digital banking transformation is the ability to provide credit across digital platforms seamlessly and on demand.
Three Ways Bank Lenders Are Preparing for the Post-Covid World
When the credit delinquency dam breaks, some banks and credit unions will be ready. Here's how leaders are preparing their collections teams.
Impending Credit Crisis: How Banks and Credit Unions Must Prepare
The COVID-19 recession will get worse before it gets better, but lenders must be sure their own actions don't trigger disaster.
Lessons Bank Lenders Must Learn from the Paycheck Protection Program
This COVID-19 stimulus program demanded speed from government agencies and banks. How can financial institutions build on those experiences?
How BaaS Turns Traditional Banks Into Digital Deposit & Loan Machines
Banking-as-a-service could be a huge win for financial institutions that seize the opportunity, and a growing threat to those that ignore it.
Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit?
Even before COVID socked the economy community banks and credit unions saw local loan demand falling. Adapting a fintech technique may help.
Process Flexibility Key to Bank Lending in Post-COVID Market
The pandemic has made clear the need for financial institutions to reexamine back-end operations if they wish to truly transform digitally.
Rethinking Lending & Credit in a Post-COVID World
Digital lending automation and advanced analytics are required to meet the future demand for loans in a post-COVID world.
Understanding How Covid Impacts Consumer Borrowing Habits
More caution, fewer places to splurge on credit and general unease may make loans a harder sell for financial marketers.
How the Retail Banking Industry Could Look 3 Years After COVID
Four post-pandemic scenarios could impact banks, credit unions and fintechs in sharply different ways. A new analysis provides a roadmap.
Will COVID-19 Trigger Massive Wave of Mortgage Defaults?
With major unemployment settling in, foreclosure holds and federal forbearance won't last forever. In time many could lose their homes.
These 5 Trends Are Transforming Retail Bank Lending
Competition in retail lending and leasing is increasingly won (or lost) during origination and collection. Both areas are changing rapidly.
Banking Must Help Small Businesses With PPP Loan Forgiveness
Small businesses that received an SBA Paycheck Protection Plan loan are counting on financial institutions to get their loan forgiven.
Preventing Fraud in COVID-19 Federal Relief Loan Programs
Back in action with fresh billions, the Paycheck Protection Program demands fast processing but lenders must beware of dishonest applicants.
When COVID-19 Deferrals End, Better Loan Collection Programs Critical
Coronavirus impact on jobs will drive collections issues. Lenders must blend human and tech efforts to treat people well but ensure recovery.
