Resources

MLPs Market Share & Lending Software The growth of online marketplace lenders (MPLs) over more traditional lenders like banks and credit unions is undeniable.

New digital marketing gets all the hype. CEOs like it for the trackability and cost savings, but that doesn’t always mean your financial institution is receiving the most bang for its marketing buck. Consumers – yes, even those coveted millennials and Gen Z – enjoy tactile marketing. Perhaps it’s the memory of birthday cards from…

The goal of business – even not-for-profit credit unions – is to improve profitability, be it by growing business with existing members and customers, cutting costs, or drawing in new consumers. The investment must be made to drive future growth.

As we begin to see the economy tightening again, credit unions and community banks are looking for the most cost-effective ways to grow their businesses.

Direct Mail Marketing For Credit Unions – How Can Prescreening Help? Are you blanketing your community with loan offers? Financial institutions are the heaviest users of direct mail marketing; 71% of banks and credit unions use direct mail, according to the DMA Response Rate Report 2016 by Deborah Haskel.

GDS Link today announced that it has joined the Marketplace Lending Association (MLA) as an associate member.

GDS Link  will be attending this year’s Online Lenders Alliance (OLA) Spring Summit, May 1-3, in Washington D.C.

GDS Link will be attending and exhibiting at CFSA 2017 Conference & Expo, Feb. 28 – March 2, 2017 at the La Quinta Resort in Palm Springs, Calif.

[:en] President’s Perspective Since the excitement and buzz from LendIt USA 2016 this past April, we have seen the optimism surrounding marketplace lending being tempered somewhat. To some industry outsiders, there have been doubts the past few months including some MPL organizations struggling with concerns over their business models. This combined with rising delinquencies and…

MPL Lending Since the excitement and buzz from LendIt USA 2016 this past April, we have seen the optimism surrounding innovative marketplace lending (MPL) products being tempered somewhat. It’s no secret that there have been doubts the past few months: some MPL leaders have begun to struggle with concerns over their business models. This combined with…

Mobile banking is growing rapidly in popularity, but also raises security concerns. 

Regardless of which channels they use to interact with customers, financial institutions stand to benefit from the use of automated decisioning software that can assess credit risk during application processing.