Financial institutions are inundated with existing loan data generated across numerous platforms. While the historical tendency to create silos was reinforced by IT systems already in place to serve individual departments, changes in the Comprehensive Capital Analysis...

The concept of silos of functions has been facilitated by the implementation of legacy IT systems that were designed solely to meet the demands of a particular department. While that might have seemed like a sound banking practice as recently as even decade or two...

Financial institutions strive to maintain a balance of loan programs, and 2017 is shaping up to follow that trend according to a recent survey of today’s top banking officials. In fact, there are expectations of lending profitability and steady growth in two...

Banks across the US have indicated that improving efficiency and reducing spending are among the top operational priorities that need addressing. By investing in the right lending software, banks will be able to streamline operations, consolidate IT applications, and...

Recently, the chairman of the Independent Community Bankers of America, Rebecca Romero Rainey, highlighted the challenges faced by community banks. She stated, “One-size-fits-all regulations are imposing unnecessary burdens on community banks that stifle lending and...