December 20186It is an exhilarating time for the banking industry. To enhance their lending process banks are finally breaking free from their legacy systems and are on an adoption spree, deploying new technological solutions that leverage next-gen technologies such as chatbots, artificial intelligence, machine learning, IoT, and others. With the digital transformation of banking, machines are performing more and more banking functions while freeing up human workforce to focus on higher-value tasks that require reasoning and deliberation. Banks are automating the front and back end lending processes to quickly process loans, provide intuitive borrowing experience to their customers, and at the same time increase their profits. Beyond their own profitability, banks are simplifying the process and management of lending to help their customers make swift and safe loan decisions, have better access to their finances and private data online, pay bills electronically, and more. Digitalization is even streamlining the domain of mortgage loans domain that are costly and difficult to close, with mortgage lenders burdened by regulatory requirements. With expert know-how of the industry and technology developments, banking tech companies are transforming the lending experience, providing secure cloud-based loan centers that are accessible to borrowers 24/7 for information on loan status, documentation, electronic document signing, and more. They are also developing solutions that are going to balance the roles of technology and manual intervention in the industry. These companies are going to rewrite the rules of the banking industry over the next decade. In this scenario, our goal with this special edition is to highlight the best-of-breed lending management solution providers that leverage innovative technologies to drive enhanced customer experience. This edition also blends thought leadership from subject matter experts with real stories on what selected lenders are doing for their clients, including exclusive insights from CIOs and CXOs.Write us your thoughts.Copyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DECEMBER - 7 - 2018Contact Us:phone:510.402.1463Fax:510-894-8405Email:sales@bankingciooutlook.comeditor@bankingciooutlook.commarketing@bankingciooutlook.com DECEMBER - 7 - 2018, Volume 04 - 11 Published by ValleyMedia, Inc. To subscribe to Banking CIO OutlookVisit www.bankingciooutlook.com Editorial StaffSalesT: 510.330.5150LENDING MANAGEMENT SPECIALNick Masonnick@bankingciooutlook.comVisualizerJohn GouthamIssac GeorgeManaging EditorJames RobertsonLending Simplified James RobertsonManaging Editor editor@bankingciooutlook.comCarolynn WaltersJustin SmithJoseph MichaelEditorialKenneth ThomasRussell ThomasTenzin Chogkyi*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
< Page 5 | Page 7 >