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Most banks still manage their construction loans on cumbersome spreadsheets, but that wasn’t acceptable to a high-growth bank like Pinnacle.
OCC the first to say banks can again consider offering short-term, small-dollar loans.
Modern lending technology is helping banks improve efficiency and the user experience.
New technologies can make risk mitigation and compliance a simpler puzzle to solve.
Streamlining the loan process through a digital experience benefits borrowers and banks.
Banks are the lifeblood of construction lending, but new technology is needed to better manage these loans.
The real value in digitization is the data modern technology can unlock.
One significant growth opportunity is in digital lending automation.
Here's how banks can confront the challenges in using data to create a better lending experience.
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