The world is changing rapidly and the traditional methods of predicting outcomes are no longer reliable. Banks need to adapt and develop new metrics that enable them to identify risks and opportunities quickly and efficiently. McKinsey’s guidance on credit risk management highlights the need for forward-looking approaches to navigate economic uncertainty.
LOQUAT Inc., a fintech company, has developed a banking as a service platform that caters to small businesses. The platform is designed by a team of experts in banking, fraud prevention, technology and digital transformation, and business ownership. It provides credit unions and community banks with an end-to-end solution that streamlines digital banking functionality for small and medium-sized businesses. The platform offers new account onboarding, lending options, and fraud prevention without compromising user experience.
To learn more about Loquat and its innovative banking solutions, visit our website at http://www.loquatinc.io