Digital lending experts will discuss the new industry approach of incremental “sprint” projects
In a year when lending volumes are down 40% or more, Wolters Kluwer Compliance Solutions expert Kevin Wilzbach will be participating in a HousingWire panel on digital lending trends at 1 p.m. CDT Wednesday, July 19th.
“Lenders aren’t necessarily spending large amounts on their digital transformation projects right now, given the state of the market”
The panel of experts will discuss a recent tendency of some lenders toward incremental adoption of digital banking capabilities due to the lower volume of loans—digital “sprint projects.” Instead of embarking on longer digital transformation journeys, many lenders are deciding to spend time and energy on smaller, less costly sprint projects.
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“Lenders aren’t necessarily spending large amounts on their digital transformation projects right now, given the state of the market,” said Wilzbach. “Instead, these smaller projects are moving lenders along the path of digital transformation—without having to bite off more than they can chew. I’m looking forward to a stimulating discussion with the rest of the panelists about the factors behind this development and what lenders can learn from others in their digitization journey.”
HousingWire is one of the most influential sources of news and information for the U.S. mortgage and housing markets. Featuring independent and original journalism, HousingWire reaches more than 70,000 newsletter subscribers daily and 1 million unique visitors each month and has more than 5,000 members and event attendees.
Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms. The business, which sits within Wolters Kluwer’s Financial & Corporate Compliance (FCC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.
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About Wolters Kluwer
Wolters Kluwer is a global leader in information, software, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
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