Why Is Goldman Sachs Getting Out of Consumer Lending?
My second job out of school was working for Deluxe Check Printers calling on banks in Alabama. One of my favorite banks was an independent bank in Guntersville Alabama. This particular bank was your typical bank, friendly hometown bank with conservative financials. However, this bank recognized the opportunity to service more customers who may not […]
The $16 Billion Dollar Checkmark
For all of you Apple users out there, have you ever wondered when you pull up your Safari browser what search engine is delivering you the magical responses to all of your questions? If you haven’t gone into your settings, then the default search engine on your Apple iPhone is Google. Yes, the maker of […]
Credit Card Debt at $1 trillion!!
“If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours.”- John Keynes That’s right, America. We have now surpassed $1 trillion in collective credit card debt. In the words of the 1970’s band Kool & the Gang, “Celebrate good times, come on!” So, unemployment […]
Loan Origination Forecast 2024
“Changes are coming” — Daughtry Since 2019, we’ve seen an end to a war, a global pandemic, a massive increase in government spending, increased interest rates, home inventory shortages and inflation. The effects of these events have shifted the lending markets dramatically. Mortgages quickly went from an all-time high, record-breaking refinance boom, to layoffs and […]
Leveraging Data-Driven Marketing to Enhance Customer Experience in Consumer Lending
Leveraging Data-Driven Marketing for Enhancing Customer Experience in Consumer Lending | Altair Data
Discover how consumer lenders can leverage data analytics to gain invaluable insights into their customers, improve customer experience, and create innovative solutions tailored specifically for their target audience. Get ready to take your marketing strategy to the next level with these tried and tested industry tips from Altair Data!
Deposits and Liquidity: The Key to Bank Survival
As we continue to navigate through the post-pandemic world, businesses and banks are facing a plethora of challenges in trying to remain sustainable in such an uncertain environment. One of the most significant challenges that financial institutions, especially banks, are facing is the constant need for liquidity. The ability of a bank to meet the […]