It started subtly, but has been gaining momentum in recent months. Attributes, once obscure and little understood, are becoming more common and integral in lending processes. [...]
In a recent CEB TowerGroup webinar industry analyst Frank Bria stated that all the low hanging fruit of automation has already been accomplished. In a sense, this is certainly true. Banks have [...]
The original impetus for loan origination systems and application processing was B2C and involved FI’s strategically finding ways to grow the sheer number of consumers in their portfolios. [...]