Elena Ionenko Interview for Pymnts: Banks Brace For New Competitive Forces In Commercial Lending
Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in which banks hold the upper hand, commercial lending included. Beyond the fact that many institutions are decades — or even centuries — old, with long-lasting customer relationships and brand awareness, […]
Forbes Council: How AI equips lenders to avoid Covid-era pitfalls
Elena Ionenko, co-founder and COO at TurnKey Lender, shares her insight into real-life applications of AI in lending in a new Forbes Council piece:Â The traditional approach to loan-portfolio management puts collections and overall performance on one side, and origination on the other, with decisions that should be closely coordinated made by separate departments, often […]
Forbes Council: Options For Retailers Considering Point-of-Sale Financing To Win and Keep Customers
A new Forbes article by Elena Ionenko, Head of Business Development at TurnKey Lender: Point-of-sale (POS) financing was at the forefront of a retail revolution well before the novel coronavirus swooped down to disrupt business plans and household budgets around the world earlier this year. Now, with the additional spur of the pandemic, retailers are […]
Why Digital Banking Is Not Only Surviving But Thriving in 2020
Efforts to stem the spread of Covid-19 have forced consumers and businesses into workarounds for meeting basic needs — usually with significant help from pre-existing technologies. Banking is one example — and it’s likely, say experts, to remain substantially tech-enabled from now on as companies and their customers grow accustomed to the ease and convenience […]
Forbes Council: How To Approach Business Creditworthiness Assessment During A Crisis-Fueled Recession
A new Forbes article by Elena Ionenko, Head of Business Development at TurnKey Lender: It’s not clear whether Congress will trigger an additional round of stimulus to counter the economic effects of the novel coronavirus pandemic; stimulus that has included government-guaranteed lending to businesses. What is clear, according to definitive new findings, is that the […]
Forbes Council Post: Alternative Credit Scoring For Retail Lenders During Economic Crises
Elena Ionenko, Co-Founder and Head of Business Development at TurnKey Lender published an inaugural article as the newest member of the Forbes Technology Council: With the novel coronavirus pandemic disrupting economies around the world, the importance of credit as a tool for rebuilding has come into sharp relief — as has the need for alternative […]
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 […]
