Remember this time last year? It was all-hands-on-deck for GDPR. Everyone working overtime to resolve a myriad of deployment details. Luckily, we don’t anticipate a regulatory compliance event of that scale in 2019. However, it’s important to understand the impact of the new rules on your individual lending operation, because smaller enterprises may be exempt from many of the new guidelines.
November 7th, 2018
Digital Lender’s Secret Weapon: Faster, Better Credit Decisions
Digital lenders are rewriting the book when it comes to better credit decisions. They approve more loans, apply more accurate interest rates, and increase portfolio yield – without taking on additional risk. Read more…
October 23rd, 2018
Digital Lending ROI: Positive Return on Technology Investment
Many lenders, especially credit unions and small local banks, lag behind when it comes to financial technology. It’s a short-sighted business strategy. Cost-benefit analysis shows a positive ROI when Read more…
September 24th, 2018
Case Studies: Meritrust Credit Union Tripled Productivity with Automated Originations Platform
Unlike Turnkey Lender, which by any measure is still very young (we’re turning five soon, yay!), Meritrust Credit Union was founded way back in 1935 in Wichita, Kansas in the central plains section of the United States. Read more…
September 7th, 2018
Regulatory Compliance: Checklist for Online Lenders
Alternative lenders tend to push regulatory compliance to the back burner as they prioritize technology trends, marketplace evolution, and threats from new competitors. Read more…
September 3rd, 2018
Lenders Beware – New Competition from Unusual Directions
There’s rapid-fire change in the lending industry with new competitors emerging on a daily basis. Some of this competition comes from unexpected directions like e-commerce platforms, rideshare apps, and Wall Street giants Read more…
August 29th, 2018
Turnkey Lender’s Elena Ionenko and Dmitry Voronenko on 2018 SBR’s 20 Hottest Startups Briefing
The annual Singapore Business Review’s 20 Hottest Startups Panel Briefing is one of the most representative and influential business gatherings in Asia. Read more…
August 23rd, 2018
Use e-Commerce Intelligence to Improve Online Lending Profitability
At Turnkey Lender we’re always looking for ways to apply outside intelligence to online lending. This week we focus on CRO (conversion rate optimization). It’s considered the holy grail of e-commerce marketing because Read more…
August 17th, 2018
TurnKey Lender’s Elena Ionenko on the 938now Radio Station Morning Show (audio)
From pet leasing to KYC compliance scoring: Elena Ionenko and the host of Your Morning Fix Show on 938now Radio Station (Singapore), Keith De Souza, discuss it all Read more…
August 13th, 2018
Turnkey Lender CEO Dmitry Voronenko: In 2019 More Alternative Lenders For SMEs
Fintech Innovation spoke to Dmitry Voronenko, co-founder of Turnkey Lender to discuss what he sees are challenges facing the industry and the opportunities that lending platforms present to both incumbents and startups Read more…
July 24th, 2018
Turnkey Lender’s CEO is interviewed by Cloudways
Our friends at Cloudways, a managed cloud hosting platform, have conducted an interview with our CEO, Dmitry Voronenko. Read on to find out about more about our online lending software, the challenges of running an IT company, and about what inspires and drives our CEO. Read more…
July 20th, 2018
SME Borrowers: Perfect Match for Alternative Lenders
Demand for business loans continues to rise, especially when it comes to SME borrowers. On the other hand traditional funders like banks and credit unions continue to decline the majority of these applications. And they use a slow, paper-based process to come to their negative conclusion. This is good news for alternative lenders who can leverage technology to approve far more loans with a faster, easier process that supports better credit decisions. Read more…
