News
Learn the latest news and information about Lendsys loan decisioning software
System Discovery – Risk-Based Pricing
Imagine that you have two credit union members applying for an auto loan with your credit union. Both members have identical credit scores, and both are purchasing the exact make and model new car. Do you underwrite and price the applications for both members, exactly the same?
read moreWhat’s New in FinTech
Technology has impacted nearly every aspect of the developed world. In fact, FinTech (technology related to finance) has allowed several processes that were formerly handled manually to be executed by artificial intelligence (AI). Here are some of the most interesting developments in FinTech.
read moreSystem Discovery – Next-in-Line Lending
Credit union members enjoy more personalized interactions with tellers, lending officers, and other individuals working for the institution, and are often happier with the service they receive from their credit union than customers of any of your competitors.
read moreHow to Improve Your Credit Union’s Customer Service
The personalized attention provided by many credit unions to their members represents one of the major advantages that credit unions have over large banks. However, there’s nearly always room for improvement.
read moreStrategic Lending Conference Recap
Time-Consuming Underwriting and Loan Operations? In a recent survey, respondents indicated overwhelmingly that they know that they should and could cut nearly 50% of the time and effort in their loan underwriting/origination processes.
read moreOnline Marketing Strategies for Small Banks
Automating your lending processes utilizing the power of technology can achieve huge gains in efficiency, as well as differentiation from your competition.
read more