Part III: B2B credit automation that cuts operational costs and minimises credit riskÂ
Demand for digital b2b credit is growing and each day more small, midsize and large lenders will enter the market with specialized credit products tailored to the needs of specific borrowers. Better quality of decisions is no longer ensured by more underwriters doing paperwork. All due diligence and analysis are done on autopilot. With modern automation, […]
How to Choose the Right Lending Automation Software for Your Business
Traditional lending, with in-branch origination and manual paper-based processes, has collapsed with social distancing becoming the new norm. Now offering credit digitally is a matter of survival for lenders, not a nice-to-have. We surveyed 40+ decision-makers in the credit industry and even before the COVID crisis, 57.1% of lenders were actively working to start/continue the […]
TurnKey Lender Transformer – Fully Configurable Lending Management System that Digitises B2C and B2B Credit at Any Scale Â
TurnKey Lender offers advanced AI-powered lending automation and decision management solutions that allows lenders, as well as enterprises that offer financing, to utilize powerful workflows to simplify the entire lending management process based upon their unique credit requirements. It’s the most powerful and flexible no-code solution on the market and allows TurnKey Lender clients to […]
10-Step Plan to Become a Digital Lender
Building a viable lending business is no easy task. But in recent years, the democratization of technology and the rise of numerous FinTech startups has led to a great lowering of entry barriers into the digital lending niche. With 82% of businesses failing due to cash flow issues, the lending market, especially that of digital […]
10 Vital KPIs for Measuring the Value of Your Digital-Banking Operations in 2024
There’s no denying that Covid did to digitalization what no technology evangelist could. For several years prior to 2020, digital banking usage at PNC had increased at the steady rate of about a percentage point every quarter — until it went ballistic during the lockdown. It jumped from the beginning of the year where digital […]
Here’s How TurnKey Lender Helps You Save Operational Costs and Time (and Here’s How Much of Both)
Since entering the lending automation space in 2014, TurnKey Lender managed to become the industry standard by which the depth and quality of automation of a lending business can be measured. Some of the biggest benefits company’s clients boast include a significant portfolio growth, an increase in operational efficiency, and improvements in the clients’ lifetime […]
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 themÂ
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 2030Â Â
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. […]
How Lending Automation Helps Make the World a Better Place
Like it or not, lending is one of the vehicles of progress. Thanks to lending, people get funding for their ideas, their entrepreneurial dreams, and business expansions, families get their first homes and a teenager gets their first car. And like all the other financial products and services, lending is evolving.
How Lending Automation Helps Make the World a Better Place
Like it or not, lending is one of the vehicles of progress. Thanks to lending, people get funding for their ideas, their entrepreneurial dreams, and business expansions, families get their first homes and a teenager gets their first car. And like all the other financial products and services, lending is evolving.