With the rise of technology and the expansion of financial regulation, more nonbank lenders are competing than ever before. What can traditional FIs learn from them and what can they do to compete? Check out MBA Insights to find out: https://www.mba.org/publications/insights/articles/featured-article/lessons-bank-and-nonbank-lenders-can-learn-from-each-other
Traditional and alternative lenders play by different rules, but each have their own advantages. Check out @cunacouncils to find out what your #creditunion could learn from nonbank lenders and what they could be learning from you: http://www.cunacouncils.org/news/16201/news-article/
“Commercial mortgage companies that fail to implement mobile solutions also run the risk of losing step with their clients and falling behind their competitors” says our president Matt Johnner. Read more of what he has to say about mobile tools in lending in this month’s issue of Scotsman Guide: https://www.scotsmanguide.com/Commercial/Articles/2019/07/Mobile-Lending-is-the-Next-Wave/
We’re proud to work with credit unions like SRPFCU that prioritize taking care of members . Check out the latest episode of CUBroadcast to hear firsthand from Will Scott of SRP about his experience working with us and how his credit union has been able to grow: https://www.cubroadcast.com/episodes/1107-how-srp-fcu-has-used-banklabs-commercial-lending-technology-to-help-the-credit-union-grow
How Credit Unions Can Create a Custom Strategy for Business Members. https://www.cunacouncils.org/news/15904/news-article/
Relationships with business banking customers has become increasingly important over the last few years, especially with several competitors in the market. How is your FI taking your customer into consideration when providing digital solutions? The latest article in Bank Business by President and Co-founder of Bank Labs breaks down how to build a better relationship with business banking customers : https://www.bankbusiness.us/so-you-say-youre-a-relationship-banker/
“Despite their size, industries like #construction are largely underserved by financial institutions, especially when it comes to mobile options for #payments.” See more of what @MattJohnner has to say in @payments_source: https://www.paymentssource.com/opinion/mobile-payment-apps-cant-serve-only-consumers
Our president Matt Johnner and other industry professionals shared their expertise for the 2019 Bankers as Buyers report from William Mills Agency. The report is a collection of research, observations and contributions spotlighting the technologies and market forces will have a substantial impact on the industry in the next 1-3 years. https://info.williammills.com/bankers-as-buyers-2019
CU Broadcast conducted a video interview with President, Matt Johnner. Discussions center around how credit unions (and banks) can create custom strategies to market to sub-segments such as the construction trades. The results are increased deposits and new fee income. CU Broadcast – Video Interview w/ Matt Johnner
