What does a great broker journey look like for financial institutions? Automated solutions, greater efficiency
Posted by
Sandstone Technology on Jun 26, 2023 4:47:28 PM
Brokers account for 70% of home loans according to recent data reported by the Mortgage & Finance Association of Australia. Like Financial Institutions (FIs), brokers have to contend with numerous obstacles in the application process. Adopting a solution that automates crucial parts of the process can be an efficiency win not just for the FI and its staff, but for brokers too.
Read More
0 Comments Click here to read/write comments
Topics: Origination, Featured Origination
Ahead of the eight – The Fintech Magazine Interview
Posted by
Sandstone Technology on Aug 27, 2021 2:12:42 AM
Michael Phillipou brings a unique combination of skills to his new role as CEO of Sandstone Technology – including that of an Australian Football League pundit. In an exclusive interview with Fintech Finance, Phillipou talk tactics as he maps out his plans to expand on the back of open banking.
Read More
0 Comments Click here to read/write comments
Topics: Data & Open Banking, Featured Data & Open Banking, Featured AI and Machine Learning, Featured Origination
How single customer view helps banks serve customers better and remain competitive
Posted by
Sandstone Technology on Aug 3, 2021 3:21:14 PM
At a time when it’s easier to switch than ever before, single customer view is a powerful retention and capture tool in the fight for market share, according to Sandstone Technology Chief Customer Office Ross Watts. There are two main battlegrounds for banks generally, says Watts. The first is achieving ‘main financial institution’ status with a customer, meaning that the bank holds the customer’s main transaction account. And the second is the home loan.
Read More
0 Comments Click here to read/write comments
Topics: Digital Banking, Featured Origination
Banks feeling the pressure with big approval delays: how digital onboarding and banking automation can relieve the pressure
Posted by
Sandstone Technology on Jun 7, 2021 12:03:03 PM
In the first half of 2021, Australians have experienced a major bottleneck in loan application approvals. Lenders continue to struggle as a hot residential property market fuels consumer demand, and as businesses seek to finance a strong recovery post COVID.
Read More
0 Comments Click here to read/write comments
Topics: Digital Banking, Featured Origination