Remove Capital Remove Document Remove Technology
article thumbnail

Small business loan processing: Automate back-office tasks

Abrigo

But these businessesoften the backbone of their communitiesdepend on access to capital. Each step of back-end loan processingfinancial spreading, risk assessment, document gatheringrequires significant effort just to make incremental progress.

Lending 195
article thumbnail

How the PPP + Technology Means MBL Growth and More for Credit Unions

Abrigo

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. billion in loans had been approved.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Introducing Our Partnership with Kyriba

Perficient

Specializing in cloud-based business transformation, Perficient’s new Treasury Technology practice will improve client’s global banking footprints through bank connectivity and address concerns for payment fraud. Building bank connectivity without the Kyriba solution requires costly and risky custom development. ”

article thumbnail

How To Use Gen AI for Strategic Planning in Banking – Part I

South State Correspondent

Luckily, you can turn to gen AI to help you in your planning, as the strategic process is just one of the many bank processes that bankers can improve with this technology. Like a consultant, they will follow your lead and want to tell you what you want to hear, which is often implied by your question or referenced source documents.

How To 195
article thumbnail

Three Years On, Open Banking Broadens For Business Banking

PYMNTS

The financial institution (FI) revealed last week that it is working with Volante Technologies to accelerate its ISO 20022 adoption, leaving Citi to become Volante’s first banking customer to take a unified approach to its global migration to the messaging standard. HashCash Brings Blockchain Tech To Unnamed Bank.

article thumbnail

10 Bank Technology Trends to Follow for 2024

South State Correspondent

While technology has always been important in banking, it has yet to drive the essential functions of banking. We tracked almost 100 banking technology trends throughout the year and now bring you the top ten, in order, based on our view of long-term strategic importance. In the last year, this has started to change.

Trends 195
article thumbnail

Trends Shaping the Insurance Industry in 2024

Perficient

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221