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With the current macro Economic realities in the SSA region, Commercial banks, FinTech's, Micro finance banks and micro lenders are feeling the impact of an increase in NPL's on their business more than ever before. Beyond providing an automated loan origination and appraisal solution that automates the entire lifecycle of the credit process, Recova also has an advanced Multi Bank direct debit solution that provides a simple and efficient way to recover funds in case of default, hereby significantly reducing NPL's.

🔗 https://lnkd.in/e9ZXR_CT? Discover how smart, outsourced lending solutions from Origence Lending Services are empowering #CreditUnions to meet shifting demands and drive growth. From full-service loan underwriting to AI-driven document processing, Bob Nealon’s Origence's VP of enterprise solutions, shares how credit unions can create efficiencies and embrace new technologies. Read the full article to learn more about this innovative approach to achieving lending success. @Roy Urrico Finopotamus

Want smarter loan decisions? Discover how alternative data and cutting-edge credit underwriting software can revolutionise your lending process: https://lnkd.in/dXYxqUZE #Finezza #Fintech #AlternativeData

In today's fast-paced financial world, effective loan management software is a game-changer for our Credit Union buddies. Credit Unions excel at delivering personalized service, but manual loan processing tasks can be time-draining. Automation is the key to freeing up time for building strong relationships and providing personalized service. By automating low-value tasks, you enhance the member experience. Spend less time on data entry and more on meaningful interactions. That's the future of loan management. Quick tip: relying on email for document collection is like racing with a flat tire. Tools like FileInvite streamline this process, helping collect documents up to 80% faster. More time for personal touches that set you apart. Let’s make loan management smarter and more personal! Check out the full article in the comments for a deeper dive in to loan management software. #CreditUnions #FinTech #LoanManagement #Automation #FileInvite

How to Achieve a ⏰ 60-Second Loan Approval Journey! 🚀 Did you know that only 25-30% of loans use full automation for credit decisions? This is due to old systems, lack of tech, and manual processes. But, full automation can cut costs, speed up decisions, handle many applications, and ensure error-free approvals, providing a personalized experience and reducing credit losses. A Business Rule Engine (BRE) helps make quick, accurate credit decisions. It reduces underwriting time, processes applications efficiently, identifies potential borrowers and customizes loan packages. Setting up a BRE with a drag-and-drop feature is easy. Testing includes comparing new and old data, using both BREs for the same cases, and splitting cases between BREs. BRE is key for lenders automating their loan process. #LoanApproval #Automation #Fintech #BRE #LendingSolutions #CustomerExperience #CreditDecisions

Applied-LMS streamlines the loan application process, resulting in faster approval times. Reduced wait times lead to increased borrower satisfaction and a positive perception of your business. Happy borrowers are more likely to recommend your services to friends and family, expanding your customer base. #loanmanagement #loanapprovals #backgroundchecks #aipowered #loanprocessautomation #appliedai #fintechinnovation #smartlending #digitalbanking #aiinfinance #aitechnology

Keep your competitive edge. Use an #AVM that suits your specific business needs. If you’re looking for an AVM that is ideal for day-to-day lending uses or underwriting review, then Procision Power may be the best solution for you. Learn how Procision Power can work for you: https://hubs.ly/Q02y_0N_0 #Valuation #AVMs #AutomatedValuationModel  #PropertyData #RealEstateData

The adoption of advanced loan origination technology is critical for retaining loyal members and attracting new borrowers in the digital era. Uncover the key insights and practical strategies your #CreditUnion needs to thrive in our white paper: https://hubs.li/Q02B8nMZ0

Lenders - what would make the lending process smoother for your customers? In this video, our Customer Success Team Lead Alex Wahlberg explains how you can optimise your user experience using Kreditz solutions. If you want to learn more, visit us at www.kreditz.com #lending #loanapplication #innovation #OpenBanking #PSD2 #PSD3 #CreditDecision #RiskDecision #LendingTech #FinTech

Want to know how Kreditz creates smooth lending processes? Here's a quick rundown! ✅ Make sure to tune in to the coming episodes where I explain more about what we do for the lending industry🏦 If you want to discuss our solutions a bit more in depth, just let me know and I'll be more than happy to assist you! 🌟