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Understanding broad market trends and the specific forces affecting bank and credit union portfolios can guide institutions decisions while helping them prepare for examiner scrutiny of CRE risk , according to a recent Abrigo webinar, Being strategic with your CRE. We can help you set up stress testing that's right for your loan portfolio.
Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. Both Lending Club and Laplanche are currently facing shareholder litigation that claims they concealed material weaknesses in the online lender’s ability to monitor its operations.
Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Lending Focus – Interest Rate Sensitivity and Credit Accuracy.
Tackling the topic of digital signatures , CIOs developed a specific action plan for incorporating Docusign technology into the commercial lending process. Retail executives collectively evaluated their Retail organizational structures to determine the most productive distribution of departmental ownership and experience management.
Digital Lending. My neighbor in Phoenix is closing on a house this week and will do so with the only physical meeting in the entire process – offer, loan, title, etc. There are some technology and training issues to overcome, but the industry is going to make it work. Why go back if it does?
D+H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.
D&H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.
The Grow-a-Cool-Niche-Award – goes to Bank Newport for creating a national marine lending business and investing to win with more talent, partnerships and technology. Word: Community banks don’t lend on $400 million office buildings in Manhattan and San Francisco. Sounds like a cool strategy to build a smarter bank.
Consumers was the first big credit union to deploy the Phoenix core system and this year was the first big go-live of the Lumin digital banking system.
In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. In 2015, our industry woke up to changes in payments, delivery, marketing and riskmanagement that are more serious than the typical conference chatter.
A TON of really old technology is being used in mortgage lending. The company enables clients to achieve best-in-class results driving quality and innovation in Payments, Processing Services, Risk & Compliance, Customer & Channel Management, and Insights & Optimization. Looks like they are based in Phoenix. ^WM.
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