Blog

More Financial Institutions Looking to Cloud for Efficiency, Security

Posted by Jeff Harper, President, BSG Financial Group on Dec 14, 2016 9:20:48 AM

 

 

 

It used to be that one of the worst critiques your boss could deliver was accusing you of “having your head in the clouds.” You still don’t want your head there, but for more and more financial institutions, having your data and operations in the cloud is just good business.

As traditional computing methods continue to deliver decreasing profits, it will become even more apparent that it is in your organization's best interest to locate and use a properly hosted cloud-based vendor.

Here are three reasons why...

Read More

Topics: Cloud Safety, Cyber Security, Cloud Computing

Digital Lending Q&A: Part One

Posted by Michele Rehm, Marketing Manager on Jul 6, 2016 11:11:14 AM

BSG Financial Group recently conducted an educational webinar called Digital Lending for Financial Institutions. It was our most popular session to-date, so we thought it would be helpful to share some of the questions attendees asked as well as our answers. 

We will feature several more questions from this popular webinar in a series of blog posts to follow. If you have questions of your own regarding Digital Lending, feel free to submit them in the Comments box at the end of this post and we will answer them right away.

What loss ratios can we expect with online lending?

We often get this question, and the answer is: if you’re using the same criteria for online lending as you do in-branch, the losses are going to be the same. The MinuteLendersystem for business and individuals provides the loan delivery platform, but it uses your institution’s guidelines for underwriting rules.

Read More

Topics: Cloud Software, Digital Lending, Cloud Safety

Subscribe to Email Updates

Recent Posts

Posts by Topic