Mortgage Archive

HOW GENERATIVE ADVERSARIAL NETWORKS CAN IMPACT BANKING

“Can machines exhibit behavior that cannot be distinguished from that of human behavior? The answer is a resounding “Yes!” The technology behind this is called a Generative Adversarial Network.” Can a machine imitate a person? This question was first asked by one of modern computing’s founders, Alan Turing, nearly 70 years ago and it is

THE NEW BANK COO

The focus for bank COOs is expanding beyond a pure cost perspective to include customer experience. Our recent banking survey showed that 74 percent of bank operations executives named customer experience as one of the top three priorities.¹ In sync with this new top priority and the reality that technology drives highly efficient, straight-through processing, the

WINNING AUTO LOAN PROGRAM HELPS UNDER-BANKED DRIVERS GET ON THE ROAD

Shinhan took home gold in the Social, Sustainable & Responsible Banking category at the 2018 Efma-Accenture Banking Innovation awards. Many social banking programs are limited in scope by practicality. The collateral that banks can risk on non-traditional customers is not infinite. These realities, though unfortunate, are inescapable. Or are they? A new program currently in

ARE TRANSACTION FEE ECONOMICS FOR PAYMENT SERVICES DIMINISHING?

Some European payments pundits believe that payment transaction fees are racing towards zero, compelling payment services providers to make money from data to survive in the long run. They are not alone in their thinking. Nearly three-fourths of the European banks we surveyed recently agree that payments are becoming free; 69 percent believe payments are

THE BANKING CFO AND THE CLOUD

In the previous blog in this series, we discussed how CFOs are leading the charge for banks in creating new sources of value, from new revenue streams to cost reduction opportunities. Many of these opportunities depend upon access to the kind of data that is only available through the cloud. However, banks have been relatively late

Preventing Foreclosure with a Mortgage Modification

For most of families, their home is all that they have as an asset in their life but now with highly challenging life style and increasing cost of living day by day, most of these lovely homes are just a few steps away from foreclosure threatening. Millions of house owners in the world are struggling

Mortgage facts that you must aware of

It used to be very simple process to get qualified for mortgage, but now the process has become complex as number of factors are considered in it. Along with all these factors, you are required to reveal all your personal financial information to the lender and he will make the decision accordingly. Thus, if you