Blog Posts in category: consumer lending

How Financial Institutions Can Cultivate Reliable Core Data for More Productive Lending

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Core data is the foundation of financial institutions. But how solid is your foundation? Do you trust your data? Has it been transformed? While it might be appealing to start implementing new practices that leverage your data right away, a...

Why a Loan Origination System is a Critical Part of Digital Transformation

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Admittedly, I’m not a fan of buzzwords/tech speak. AI, big data, “the cloud”, machine learning, digital transformation, etc. What do they even mean? Without applied application, we’re just bandying about terms that have little to no meaning. Let’s look...

Lessons From the Indy 500 for Auto Lenders

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Living just outside of Indianapolis, I can tell you that the month of May is all about “The Greatest Spectacle in Racing“ , the Indy 500. The four horsemen of the apocalypse could be in town, but if those horses...