How to Create a Lender’s Regulatory Compliance Blueprint
From a regulator’s standpoint, it makes good sense to scrutinize lenders. Especially those that use online channels for account origination, funds transfers, and payments processing as this niche isn’t yet as well-controlled as brick-and-mortar businesses. That’s why it makes equally good sense for lending professionals to hardwire regulatory compliance into their business model and product […]
TurnKey Lender Helps Community Banks Modify Loan Terms in the Name of Economic Recovery
In the US, the federal government’s efforts to bolster the economy against the effects of the coronavirus pandemic have dominated the lending landscape since early April, with lenders pitching in to get partly-forgivable loans to small businesses reeling from the public-health crisis. The second round of the Small Business Administration’s Paycheck Protection Program still has […]
We Surveyed 40+ Decision Makers in the Credit Industry on the Digitalization of the Lending Industry. Here is What They Think.
At the end of May 2020, as the financial world scrambles to adjust to the new reality, fintechs are in a unique position to grant SMEs and enterprises a truly intelligent and contactless digital lending process. TurnKey Lender, as a provider of the industry-leading Unified Lending Management (ULM) solutions, conducted a survey with lending business […]
TurnKey Lender Answers Digital Lending Questions for Community Banks
Like other forward-looking lenders, community banks require secure and scalable lending software that can be set up quickly, delivers an exceptional user experience for lender and borrower, and is flexible and robust enough to support all types of lending. Furthermore, moving to digitize its lending in this fashion, a community bank is arming itself to […]
Intelligent Paycheck Protection Program Automation for Lenders
The PPP is an enormous opportunity for creditors to help their communities in a time of crisis while adapting their business practices to the new reality. TurnKey Lender is part of a global effort to mitigate the economic impacts of the Covid-19 crisis. Covid-19 is changing the way business is done everywhere. Lenders who were […]
Lending Tech Primed to Help Traditional Players Make Emergency SBA Loans
“We’re a company with a significant presence in Asia as well as America, so we’ve been a major player on the ground in this crisis nearly from the start,” says Ionenko. “We’ve seen how it unfolds, and we know that speed and capacity are crucial to lenders right now.” Lending-technology providers are essential to helping banks […]
How to Add an API Client and Key to Integrate TurnKey Lender with Third-Party Solutions and Services
Digital lending is a complex process. In today’s age of global digitalization, it requires multiple data sources and products to work together and act as one secure and efficient operation. Payment providers, email and SMS services, accounting software, credit unions, and the list goes on. All that needs to be integrated into a one solution […]
How to Launch a New Credit Product with TurnKey Lender
The ability to easily and safely create and manage credit products is crucial in today’s rapidly changing business climate. Different credit products are used to address the needs of individual and SME borrowers who are looking for various loan types and terms in different locations. The TurnKey Lender System comes built-in with functionality that allows […]
9 Things SMEs Look for in a Digital Lender
As lending niche entry barrier lowers due to the development of FinTech, competition grows. Big banks have established names and loyal client bases going for them, and alternative credit providers keep improving user experience, simplifying onboarding, and lowering interest rates. That leaves new lending market players in a tricky position where they have to compete […]
Unified Lending Management at the Turn of a Key
TurnKey Lender 2019 Year In Review: Achievements, Recognition, Events, and the Best AI Software in the Industry.
15 Tools to Automate The Day-to-Day of Your Lending Business
This is a guest post from the Clutch.co team Launching and managing a lending business can be quite an undertaking. But there are plenty of ways to make it easier. A comprehensive and intelligent technology stack should be your first step when it comes to building a successful and productive loan operation. It could prove […]
