LendersBenchmark™ - Financial Lending Analytics
By rutger-van-faassen 11 Nov 2019
Rutger Responds: Money20/20 USA | 7 Key Take-aways & How to Prepare Your Business The experience of attending Money2020 for the first time was overwhelming in the best way – so many compelling sessions to attend….so little time to attend them all! Great ideas and insights were shared leaving me with an abundance of food for thought. It took some time to digest this avalanche of information, but below is a collection of my thoughts and key take-aways about the future of money. Multiple tracks were going on simultaneously at Money2020; here is my summary of the journey I chose. Because of the caliber and quantity of the content, even armed with my filter of Consumer Lending, I still had to make hard choices when it came to which sessions to attend.
rutger-van-faassen 04 Oct 2019
Rutger Responds: Insights from Finovate Fall 2019 I spent three exciting days at Finovate Fall 2019 in New York last week witnessing the latest and greatest from over 70 fintechs. As a first-time attendee, I enjoyed the innovative format exhibitors used of more “showing” and less “telling” with seven-minute demos of specific use cases: which left the audience with a quick snapshot of what each Fintech helps solve and how. The event included a healthy mix of early and late stage fintechs, as well as Financial Institutions, vendors, and investors. There were several interesting key notes containing key themes that included data driven personal finance, ML and (conversational) AI, robotics, and Digital First. Let’s dive a little deeper into each of them!
rutger-van-faassen 01 Oct 2019
Our VP of Consumer Lending, Rutger van Faassen, and Steve Dobrenski, VP of Corporate Development at Nomis Solutions, say it’s all about getting to know your customers better. Informa Financial Intelligence and Nomis Solutions have joined forces to empower their banking customers to find their edge with actionable insights. We had the chance to sit down with Rutger van Faassen, Vice President Consumer Lending at Informa Financial Intelligence and Steve Dobrenski, VP Corporate Development and Partnerships at Nomis Solutions to discuss what they think are the critical success factors for thriving in today’s challenging environment.
rutger-van-faassen 28 May 2019
The aftermath of the 2008-2009 financial crisis led to a dramatic reduction in consumer loans. Defaults and deleveraging by consumers, coupled with stricter underwriting criteria from banks, resulted in a dramatically different post-crisis lending landscape. In the decade since, consumers have regained their confidence, unemployment has decreased, and the economy has continued to grow. Total outstanding household debt has risen back to the pre-crisis levels. Balance sheets, of course, aren’t the only thing that has changed in the consumer-lending landscape since the crisis.