Episode 225: How can your bank improve digital lending?

The Banker Next Door

This episode reviews a recent blog post form PCBB titled “5 tips to improve your digital lending efforts.” PCBB reviewed the Digital Banking Report 2024 on the state of digital lending in banks. Some of the key findings reviewed: types of credit that can be initiated online vs mobile, the end-to-end digital process, branch visits, time to complete an application, and restarting an interrupted application. In addition, PCBB provides 5 tips on ways that banks can improve their digital lending experience. Links to the blog post and the 2024 State of Digital Lending report are included below.

Link: 5 Tips To Improve Your Digital Lending Efforts (pcbb.com)

Link: 2024 State of Digital Lending - Digital Banking Report

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