Resources

Fintech disruption, particularly as it pertains to online lending, has been a talking point among traditional financial institutions for years.

Online lending can be daunting for regional or community banks and credit unions.

Sustained economic recovery has combined with the rise of online lending to foster growth in the small business lending market.

Invisible consumers have left banks with a large, unexplored market.

Credit Bureau Reporting Software GDS Link is the leader in providing Credit Bureau software solutions that are available through either a license or revenue sharing agreement. The solution utilizes a proven Credit Bureau software platform that is designed for central banks, consortiums and entrepreneurial ventures, and offers rapid development and deployment of credit bureau services and…

Digital transformation initiatives have been sweeping through the financial services space, but as banks and credit unions have explored the movement, many are finding their old ways of leveraging technology aren't up to the task.

Alternative forms of lending rely heavily on automation, and thus greater care is needed to ensure compliance regulations are being implemented and followed.

There are benefits for both lenders and customers from new analytics technologies, but traditional banks have been slow in implementing modernized lending.

By bringing more consumers into contact with funding opportunities, alternative lenders are creating new growth and even siphoning market share from traditional banks and credit unions.

Digital lenders have changed the perceptions around loan processes in the financial services sector.

Banks and credit unions are facing disruption from fintechs that, with less regulatory pressure, have been able to adopt operational models that give them a financial edge.

Expectations are changing in the financial services sector, and firms need to adapt if they want to keep up with the demands of the 21st century.