SWIVEL

Power in the Process: Move at the Speed of Now!

couple-paying-bill-online

by Michelle Brahmbhatt, Senior Payments Product Manager In the digital age, where convenience and speed are vital, financial institutions must adapt to meet the evolving needs of their borrowers. Real-time account visibility, instant payment postings, and up-to-the-minute loan and account balances are no longer just desirable features – they are essential to modern banking. By […]

Revolutionizing Financial Operations: The Dynamics of Real-Time Payment Data Posting 

The image shows the Connect2Core™ logo, which is a real time payment solution

The demand for real-time solutions has never been greater in the dynamic realm of financial transactions. With real-time payments coming to the forefront as the future of financial transactions, real-time payment data posting offers an alternative for financial institutions to have the benefit of instant data visibility. In this article, we will lay out real-time […]

Keeping Pace with Digital Demand for Self-Service Payments Options

Keeping Pace with Digital Demand for Self-Service Payments Options

It’s hard to believe that we’re approaching the end of 2021. It’s been nearly two years since COVID-19 began reshaping the fabric of our daily lives, and we’ve been making adjustments ever since. For most of us, adapting to a post-pandemic reality has meant relying more on digital services for things like grocery and retail […]

Three Quick Tips for Delighting Your Account Holders

Three Quick Tips for Delighting your Account Holders Image

There is a somewhat dated adage in business that it costs five times more to acquire a new customer than it does to retain an existing one. However, in focusing on this data point, many financial institutions lose sight of something even more important—connecting with account holders, creating positive experiences with your brand, and delivering […]

Delivering Seamless and Secure Digital Payments Options

Delivering Seamless and Secure Digital Payments Options

When the COVID-19 pandemic hit in March 2020, millions of Americans had to adjust to statewide shutdowns that lasted for months. During that time, we adapted to living entirely different lives, and digital technology provided many of the solutions that made that possible. When restaurants shut down, we started ordering food to go on mobile […]

How RegTech is Improving Efficiency in the Financial ServicesIndustry

How Regtech is improving efficiency in the financial services Industry

Regulatory technology, or RegTech, was developed in the wake of the FinTech revolution and has been continuously expanding since the financial crisis of 2008. Experts predict it will rapidly advance the regulatory landscape by offering technological compliance solutions for the highly regulated financial services industry. According to Investopedia, “Regtech is the management of regulatory processes within […]

Digital Payments Solutions to Delight Your Indirect Borrowers

Digital Payments Solutions to Delight Your Indirect Borrowers

Introduction Indirect lending is a large part of many financial institutions’ auto lending strategies. In fact, in 2020, credit unions held $378.2 billion in auto loan balances, or roughly 31.5% of all auto loans in America. Of that, 84.4%, or $319.4 billion, was funded through indirect channels. If indirect borrowers make up such a large percentage of your institution’s auto lending portfolio, and […]