Minneapolis, Minn. // www.wolterskluwer.com
Online Applications can empower community banks and credit unions to provide a new digital sales channel to reach new customers and grow loan volume, all without the overhead of additional branches. OLA enables lenders to accept applications without requiring customers to physically enter a branch, and completion of applications online vastly reduces lenders’ manual data entry, cuts overhead and streamlines lending processes.
Atlanta, Ga. // www.vsoftcorp.com
Looking to make core processing for banks and credit unions easier and less time consuming, VSoft Corp. has launched Wings, a flexible and comprehensive core processing system built on advanced browser-based technologies.
Austin, Texas // www.creditstrong.com
In an effort to help consumers build credit and savings simultaneously, Austin Capital Bank has launched Credit Strong, a nationwide credit-building account that combines both an installment loan and an FDIC-insured savings account.
London, U.K. // www.jumio.com
New video-selfie technology is available from Jumio, an AI-powered identity as a service provider. The secure and rapid authentication method is ideal for account logins and high-risk scenarios (e.g., logging in from a foreign IP address or authorizing high-risk transactions such as wire transfers and online purchases).
Plano, Texas // www.m-files.com
Recently, Iceland-based bank Kvika selected M-Files, an intelligent information management solution, to help the firm effectively organize and manage documents in its branch offices, as well as its loan and pension savings departments. The solution gives the bank the ability to easily integrate with a custom-built customer relationships management system and accelerates loan processing between Kvika’s front office, loan department and back office.