White paper: All you need to know to become a consumer lender – the ultimate 2024 guide
This is a part of our series devoted to TurnKey Consumer, the ultimate consumer lending automation platform. Here are the parts of this series And here you get your white paper with all the knowledge condensed to prepare you to digitise any kind of consumer finance like a pro. Let’s roll. The digitalization dust is […]
Part I: How to automate 90%+ of an existing or new consumer lending process
This is a part of our series devoted to TurnKey Consumer, the ultimate consumer lending automation platform. Here are the parts of this series Part I: How to automate 90%+ of an existing or new consumer lending process Part II: 6 biggest consumer lending automation mistakes and how to fix them Part III: 7 consumer […]
Part II: 6 biggest consumer lending automation mistakes and how to fix them
This is a part of our series devoted to TurnKey Consumer, the ultimate consumer lending automation platform. Here are the parts of this series And so, let’s begin the Part II. The whole consumer lending space is reshaping quickly with credit moving directly to product or service providers. For example, 30% of originations in 2021 […]
Part III: 7 consumer finance verticals with the highest growth potential until 2030
This is a part of our series devoted to TurnKey Consumer, the ultimate consumer lending automation platform. Here are the parts of this series And so, let’s begin the Part III. Personal loans, credit cards/lines, BNPL, mortgages, peer-to-peer, and all other types of consumer finance are seeing a sharp rise in demand in recent years. […]
Embedded Lending for Complete Beginners – Introduction, Business Value, Use Cases, and Potential
In the last few years, the embedded finance market has grown into a global $43bn industry and is expected to reach 7 trillion market value within the next 10 years or sooner. At TurnKey Lender our team has been pioneering the embedded finance revolution for years, promoting the idea that any business can be a […]
Business loan application process powered by TurnKey Commercial
Business lending automation has never been this flexible and easy-to-use. Neither for the lender nor the borrower. In this demo we’ll show how TurnKey Lender Commercial and how your borrowers will interact with your new platform. Everything you see during the demo is fully configurable from your dedicated backend and is fully white label making […]
Maximizing embedded lending ROI – how to enter 2024 equipped for point-of-sale financing
Credit at the point of sale is an elegant and obvious idea that technology has only now become able to automate confidently. Empowered by embedded finance platforms, the Pay Later market is expected to top $1 trillion in 2026 – an eleven-fold increase over its standing in 2019, say industry experts. Dmytro Voronenko, CEO […]
Setting up automatic loan origination process that meets your requirements in 2024
Loan origination is what makes or breaks a lending business. It is also the most challenging part of credit because it’s where you can avoid most of the risk by doing most of the analysis. The only way to learn about a borrower and evaluate the risks of giving them money used to be having […]
Non-Profit Lenders Want — and May Need — to Demonstrate Their Impacts on the Communities They Support
Along with increased funding for underserved communities further disadvantaged by the coronavirus pandemic and its economic impacts. Black workers suffered record job losses early in the public-health crisis — and have been disproportionately exposed to ongoing risk of Covid infection as “essential workers” — a threat that extends to immediate family members, according to the Economic Policy […]
Top 10 trends in digital lending for 2023
This is a column by Dmytro Voronenko, Ph.D. Digital lending keeps rapidly evolving despite the soaring cost of capital accompanied by geopolitical and economic turbulences. There remains a huge growth potential for innovative lenders. And in this transformative time, it’s more important than ever to understand what trends will drive and affect the digital lending […]
A Loan Management System Without Origination and Underwriting Doesn’t Cut It
For many organizations on the precipice of digital transformation, the thorniest parts of in-house lending are the steps known as “origination” and “underwriting.” Some may be tempted to add “loan management” — also called “loan servicing” and “loan collections” — to this shortlist, but insiders know the loan-management piece is pretty straightforward. Sure, handling schedules, […]
What TurnKey Lender platform has in store for the UK and Ireland
TurnKey Lender is one of the pioneers and industry leaders of digital lending automation globally. Over 50 million borrowers around the world work with traditional, alternative, and embedded creditors who use TurnKey Lender Platform to digitize all parts of their operations. In 2022, this leading lending solution is expanding into the UK and Ireland and […]
