Aite Group follows up on 2012 survey to see if lending challenges have changed.
Follow-up report reveals lenders at credit unions and banks are still concerned with regulatory burden, as they were in original 2011 survey.
Implementing new branch technologies, such as in-branch iPads for forms and signatures, could soon be a leading strategy for community banks looking to improve their commercial lending lines of business.
A new Aite Group report says 39% of community banks say they’re “likely” or “extremely likely” to invest in new branch technologies.
The ongoing tangle that has become the foreclosure process in many parts of the country moved in two directions last week, each of which could impact credit unions.
Financial services technology veteran Christine Pratt has joined Aite Group in Boston and will head up the research and advisory firm's new work on lending and credit risk.