Though far from perfect, the credit evaluation tool marks an important step forward for lenders and consumers.
Especially in sectors such as the construction industry, digitization cuts lender risk and leads to smart portfolio decisions.
Betty Cowell, senior advisor at Simon-Kucher & Partners, shares what banks large and small can expect on the retail front in the second half of 2018.
Tying this product to CD-level rates may sound unusual. But played the right way, it helps banks and customers score satisfying wins.
Despite projections of a sluggish refinance marketplace, banks can attract business by giving borrowers more payment control.
The largest three banks have gained massive market share. But that hardly spells doom for smaller banks—that is, if they know how to compete.
A new study shows trust gains in the financial sector have stalled. These focus points can help banks recover the forward momentum.
Deferring learning about FinTech is not an option. What’s more, there’s a deficit in the so-called soft value of heart.