Quontic Bank CEO Steven Schnall wants to turbocharge deposit growth by mimicking the strategies of big digital banks so his community development financial institution can become a much larger mortgage lender.
High-powered portfolio simulations, security and client communication are among the most promising possibilities, say tech leaders at Morgan Stanley, D-Wave and Clovyr.
Financial institutions should begin to treat data not just as a means to implementing a business model, but as an integral and valuable part of the business model.
Equifax has introduced a software product that is said to give lenders instant access to a wide range of consumer data in a single platform, a long-term goal of many data providers.
