The Future of Automated Lending
Historically, the banking market has taken a ‘one-size fits all’ approach to servicing small businesses, with the primary driver being viability. This has created a market gap in what customers expect and how banks are serving customers today. For example, Bank of America says a line of credit might take 3 to 4 weeks, but each borrower’s situation is different, so time frames for approval and funding may vary.
With customers now demanding instant services, such timelines are no more acceptable. Financial institutions must transform their end-to-end lending process to fulfill the needs of their modern customers from the very beginning of their journeys.
How can financial organizations achieve this? Automation is the answer.
Join Dilnisin Bayel from Accenture, Rajiv Nair from Newgen Software, and our guest speaker Jost Hoppermann from Forrester Research Inc., in an engaging webinar where they share valuable insights about the future of lending automation.
- The need for digitizing the lending process
- Emerging technologies and trends
- Hear from Accenture how they are aiding financial institutions in their digital journeys
- A glimpse from Newgen into their lending platform