A credit union sought a proactive approach to growing its loan portfolio that let members access credit offers 24/7 though online or mobile banking. With Harland Clarke’s LoanEngine™ solution, the credit union grew its loan balances by $9.4M and experienced a remarkable 743 percent ROMI — in just twelve weeks.Download PDF
When evaluating the above questions, it’s important to ask if your offers are both timely and targeting the right individuals. Ultimately financial institutions need to leverage technology to meet consumer expectations as well as their own profitability goals. Those who rely on traditional methods may be left behind by the competition.
A regional bank sought a cost-effective way to market additional products to existing account holders to grow its loan and portfolio and prevent attrition. A turnkey, credit trigger solution generated...
Incumbent lenders and traditional financial institutions are NOT on the verge of mass extinction. For financial institutions to succeed in today’s consumer lending marketplace, the answer is mass adaptation.