This is a roundup of industry news and links for the week of July 29th that have informed, entertained, and inspired us.
Here’s our weekly roundup of industry news:
- Non-Prime Lending Strategies – Competing Non-Prime lenders are all up against similar challenges today. The focus is generally on growth, managing loss, and being more efficient while addressing customer/dealer satisfaction. Growth is the most difficult and important focus. Lenders have additional challenges building a comprehensive risk model especially with the progression of indirect/digital customer acquisition strategies.
- Is The Banking Industry Prepared for a World Without Bankers? – The future of work in financial services is being driven by advanced technology in the form of automation, big data, artificial intelligence, cloud computing, robotics and 5G. These changes in how work is being done, combined with the need to reduce costs, require banks and credit unions to address a skills mismatch that will eliminate many jobs while potentially disrupting those jobs that remain. Are you prepared for the employment impact of the new gig economy?
- TOP 5 FINTECH TRENDS THAT WILL DOMINATE 2020 – Individuals need targets, lighthouses that guide us and round numbers are always a decent grapple. That is the reason 2020 is an enormous year of achievement at all levels, additionally in the Fintech business, and 2019 is the last year to affirm that that have been reached or not.