Is the traditional lending model under threat?
Today's guest believes we're entering a "New World Banking Order," a change of such great magnitude, that only the banks and credit unions that adapt their lending strategies quickly will survive.
Join us as S. P. "Wije" Wijegoonaratna, CEO and Founder of Aliya, unravels the limitations of traditional FICO scores and explains the significance of hidden data gems like transactional behavior.
As financial institutions grapple with shrinking Net Interest Margins and the dark cloud of an impending credit crunch, agility and inclusivity are no longer optional in your lending practices-they're paramount.
So, how do you build a new lending playbook and survive the "New World Banking Order?"
You adopt innovative methods, ensuring your institution not only keeps pace but also leads in the lending evolution.