Patelco Credit Union’s Post

New PayNearMe Study Reveals Growing Importance of Customer Experience in Loan Repayment “The gap between consumer payment preferences and the payment experience that lenders currently provide continues to widen,” said Anne Hay, EVP, CMO at PayNearMe. “It’s clear that the personalization of payment experiences could alleviate the current stress and dissatisfaction associated with traditional loan repayment processes, and choice of payment options is key to personalization.” https://lnkd.in/eYEKVVxf #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Metricon customers get a boost from open banking apps that help navigate interest rates and make home ownership more accessible #proptech #australianproptech #australianproperty #propertytechnology #proptechnews #property

Is Open Banking really as good as people think?  Open Banking allows people to automatically share their financial data with lenders.   Lenders get more comprehensive and accurate data.  Customers have to spend less time manually uploading bank statements.   It sounds great.  So why do only 10% of mortgage brokers leverage it?  👀 In reality, Open Banking has serious limitations.   Fear of data misuse, lack of standardisation and poor customer relationships.   We’ve researched these challenges and detailed our findings in this article:  https://bit.ly/3SRKyYD

TotallyMoney launches TotallySure — offering credit card applicants with pre- approval, and up to four guarantees Alastair Douglas, CEO of TotallyMoney comments: “Now more than ever, people need to be able to take total control of their finances — and a big part of that is knowing where they stand when applying for credit. That includes knowing the level of interest you’ll be paying, the credit limit you’ll receive, and how long a 0% interest-free period you’ll get. “But for too long, regulation has allowed the banks to treat credit card applications as if they were a lottery — and to make things even more concerning, many people aren’t even aware they’re gambling with their finances. Lenders need to be upfront with customers about how products and services work, while ensuring they’re easily comparable. Key to that is by making sure that what people see is what they’ll get. “Which is why we launched TotallySure. And to help raise industry standards and improve transparency, TotallySure offers are now recognised by our proprietary product ranking algorithm — Match Factor. As such, cards with the TotallySure badge will receive an upvote on our tables, making them more prominent to our customers, while helping lenders find more suitable borrowers, reduce costs, and improve trust and brand loyalty.” https://lnkd.in/eJgQUJVP James McCaffrey Rebecca Shears Gabrielle G. Graham Crowe Charlie Evans Tom Cross Mishka Stalham Mark Durrand #FFNews #Fintech #Finance # Banking #Paytech #Payments #Insurtech #Insurance

Open banking is here, and it's reshaping the mortgage landscape in Australia. From faster loan approvals to improved customer experiences, our latest blog explores the myriad benefits for brokers and aggregators. Stay informed and embrace the change. #OpenBankingRevolution #MortgageIndustry #BrokersInAustralia #AggregatorGroups #BankingInnovation #BackOffice #Brokersbackoffice #backofficesupport #backofficeoperations #mortgagebrokers #mortagebrokersydney

Great article here for your branch functions in 2024 and beyond: "Three out of five respondents noted that they prefer to visit branches when making important financial decisions, such as taking out a mortgage, opening a new account or choosing a new credit card." #QSI #banking #bankingtech #creditunions

In this new bulletin, our team discusses the key financial services highlights from the federal government's Fall Economic Statement, including open banking, payments modernization, and the Canadian mortgage charter. https://lnkd.in/gG5xvznq

🔍 Are you tired of dealing with complicated and impersonal business banking? Look no further! Greater Gwinnett Referral Partners has got you covered. 💼💰 In our latest blog post, we dive into the topic of better business banking and how it can make a significant impact on your company's success. We understand that managing finances is crucial for any business, which is why we have compiled essential tips to help you find the best banking solutions for your specific needs. From personalized customer service to innovative technology, our blog post highlights key features that set apart superior business banking from traditional options. Whether you're a small startup or an established corporation, these insights will prove valuable in streamlining your financial processes and boosting efficiency. But don't just take our word for it – read the full article at https://bit.ly/3UrLpjj to learn more about how better business banking can benefit your company. And while you're there, don't forget to check out other informative posts on our website! Join the conversation by using these high-traffic hashtags: #BetterBusinessBanking #FinancialSolutions #StreamlineYourFinances #GGRPBlogPost #EfficiencyBoosters At Greater Gwinnett Referral Partners, we are dedicated to providing businesses with expert advice and reliable resources. Let us be your trusted partner in achieving financial success! 🤝

Trusted by millions of Americans, Lendingtree is an online lending marketplace helping consumers to get great deals on their loans. Discover how they use Thematic to save hundreds of hours transforming customer survey data into valuable insights ⬇️ #cxstrategy #voiceofthecustomer #dataandanalytics #customercentricity #cxmanagement

How Open Banking is Changing the Game for 'Generation Rent' 🏠 during 2024. Traditionally, proving creditworthiness for a mortgage has been a challenge, especially for the growing 'Generation Rent.' But here's the game-changer – Open Banking! It allows you to share real-time spending data with lenders, including crucial proof of your regular rental payments. Open Banking emerges as a beacon of financial inclusion, bridging the gap for those with thin credit files. Traditionally overlooked, Open Banking enables you to showcase your reliability through consistent rent payments, challenging the status quo of credit assessments. Read more from Jon Hart Moneyhub in The Negotiator https://lnkd.in/ehVGTkRU Emily Penner Rachael O'Neill Robyn Hall #OpenBanking #GenerationRent #FinancialInclusion #HomeownershipJourney