Bringing Consumer Tech Innovation to Commercial

Innovations in fintech have significantly improved the consumer lending process, but the same hasn’t been true for the commercial banking industry. Lending time for middle market businesses can take up to 100 days,nd that lag time to accessing capital can slow a business down incredibly.Fintech has invested less in optimizing the lending market for commercial businesses and Allan Rayson, Chief Innonvation Officer and Chief Technology Officer at Encore Bank, is determined to change that. Allan spent the majority of his career in commercial banking and recognizes the need to streamline the process for extending commercial credit.Join us as Jeff and Allan discuss:Where the inefficiencies are in commercial bankingOpportunities for smaller community banks to come together with Fintechs to make innovations in consumer lending more transferable to the commercial spaceFocusing on data interchange, underwriting and negotiations to level-up middle market lending   Want to learn more about how Upstart partners with Banks? Check out this case study mentioned in the episode.

Om Podcasten

Leaders In Lending is a show for lending professionals who want to grow their consumer lending programs and improve their consumer experiences. Consumers continue to expect faster, easier online experiences from every company—and our knowledgeable guests will share how they are bringing their organizations and lending products forward into the future. Every week, Leaders In Lending will bring you actionable advice and key learnings from experienced leaders to help you navigate the future of consumer lending.