How new lending technologies can address shifting economic crosswinds

How new lending technologies can address shifting economic crosswinds

The financial services business model is perpetually at a crossroads and too often faces crosswinds. An uncertain economy like we see today often breeds hesitation; financial institutions may be tempted to slow down or pause technology investments not geared toward tightening balance sheets or finding greater efficiencies. However, those institutions that will come out of…

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Dwindling Tax Receipts Highlight Looming Economic Slowdown

Dwindling Tax Receipts Highlight Looming Economic Slowdown

Tax receipts are falling, which has historically preceded economic recessions. In a recent post, we discussed the issue of rising debt levels on economic growth and increasing debt levels. To wit: “While Washington continues a seemingly unbridled spending spree under the assumption ‘more spending’ is better, debts and deficits matter. To better understand the impact…

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