Webinar: Delivering a customer experience that thrives under pressure

How can your institution deliver exceptional customer experience? You need to enable yourself to support them whenever and wherever they need it, even in times under pressure - like a massive online banking conversion!

Loan Data Coffee Talk

Friday, May 3rd at 10:00am – 10:45am ET

Register HERE.

Join us as we dive deeper into how clients are using IntelliCredit to respond to questions from regulators, their Board and management. With easy access to their loan data (something that is virtually impossible with their core system), we'll share how they are gaining a better understanding of the subsets and concentrations in their portfolios, and arming their team to proactively explain and defend their bank's position.

A Great Opportunity to be Recognized for Your Innovation 

Jack Henry recently introduced a new annual recognition program that celebrates innovative financial institutions and fintechs. The Cobalt Awards Program is unlike any other in the industry. Learn about the submission categories and how you can win $10,000 towards the charity of your choice (and more). Submissions are open until June 1st.

[Infographic] Are you effectively serving the SMB market?

Although SMB applications are at an all-time high, both new loan requests and approval rates have dropped. Learn how you can more effectively, safely, and profitably serve the SMB market by focusing on smarter credit decisions and proactive risk management in our new infographic.

Carputty is happy to announce our acceptance into the ICBA! We are here to provide auto lending expertise to community bankers nationwide.

Automotive finance is a growing market poised for positive disruption and improved regulation; Carputty is a digital-first solution aimed at eliminating existing pain points for borrowers and lenders. Almost 80% of all auto financing is originated at the dealership level, where manipulation of consumer data and vehicle valuations can run rampant.  Did you know that dealers can mark up rates 5 points or more without disclosing it to the borrower? These practices have ramifications on the secondary market as well, with higher LTV and DTI ratios driving higher delinquency rates.

Carputty is a direct auto lender that has created the first line of credit strictly for automobiles: the Flexline. With the help of open-source banking tools like Plaid and Experian, we verify credit and income online and underwrite borrowers in minutes. Carputty decouples the transaction from the financing - we like to say we are underwriting the borrower, not what the borrower drives. By focusing on a borrower’s ability to repay, we can offer very competitive rates primarily in the used car space. A line of credit up to $250,000 is granted upon credit approval; subsequently, each financing transaction is structured as a traditional fixed rate, fully amortizing auto loan, secured by the vehicle. From the very beginning of the lending process, Carputty promotes transparency by showing borrowers their margin and final rate, allowing them to shop confidently without the common frustrations of a dealership's financing office. Carputty is auto lending “in a box” and can help banks offer the product, while we handle the servicing.