NAB relaunches digital SME lending service

By | May 4, 2022

NAB relaunches digital SME lending service

Australia's NAB is revamping its QuickBiz digital service to offer small business customers the chance to access up to $250,000 with cash available in their account within 20 minutes.

DevOps Helps National Australia Bank Drive Better Customer Experience

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In the competitive banking world, every customer interaction counts. Learn how National Australia Bank uses DevOps to improve its customer experience across various digital platforms. Learn more about DevOps trends and how it can benefit your business

axefinance Lending 3.0 via Axe Credit Portal, a composable solution for seamless financing journeys

@axefinance promotes Lending 3.0 as the Next-Gen digital lending innovative model.
About axefinance:
Global lenders such as Société Générale, Al Rajhi Bank, First Abudhabi Bank, and Vietnam International Bank trusted axefinance.
Founded in 2004, axefinance is a global market-leading software provider focused on DIGITAL LENDING for banks looking to provide an efficient, competitive, and seamless omnichannel financing journey.
axefinance developed Axe Credit Portal, a future-proof AI-driven solution to automate the entire credit lifecycle from KYC to servicing including origination, credit scoring, and automatic decision-making.
ACP is a multi-segment digital lending solution covering Retail, Commercial, Corporate, FIs, Microfinance, BNPL, Embedded Finance, Islamic Finance, and debt servicers/collectors.
At axefinance every customer is unique, and as a focused provider, we can adjust to their needs to ensure tailored implementation, specific integration, and high-quality customer service. axefinance customers will always be valued and long-term partners, inspiring the ACP solution roadmap.

Webinar: The Game of Loans – Digital transformation in SME Lending

The UK SME lending sector is increasingly witnessing innovation across supply chain, origination, loan servicing and portfolio management. Some banks are already reinventing business models by offering value-based and need-based segmentation models. In such a scenario, banks need to transform SME Lending due to increasing competition, changing regulations and evolving customer expectations and technology.

Traditionally, SME loans have been associated with “piles of paperwork” and a high turn-around-time, and transaction costs to process SME loans are comparable to high value Commercial loans. The risk associated is high and assessing creditworthiness of small businesses can be difficult due to information asymmetry.

As a lender to small businesses, banks and Financial Services Institutions need to understand customers’ needs, how can they increase customer lifetime value, and of course as a new age lender how can banks get the technology right to achieve it?
Join Newgen Software in this Webinar featuring Jost Hoppermann, VP & Principal Analyst, Forrester Research Inc. as a guest speaker to understand:

– Key drivers changing the small business lending scenario
– Achieving agility in banking with business applications
– How the right technology can drive up the volume for SME Lending
– Enhancing lifetime value of small business customers
Know more:

Fintech Startup New10 Launches Fully Digital SME Lending Platform

New10, a recently launched initiative of ABN AMRO, combines the best of two worlds: the experience and resources of the bank and the agility of a startup. Join New10 and Mambu to discuss how adopting a FinTech business model, culture and technology has enabled New10 to go from concept to market in 10 months. Panel includes Jaap Boersma, New10; Joost Brouwer, New10; Eugene Danilkis, Mambu; and moderator Kadhim Shubber, Financial Times.