Financial institutions are facing an unprecedented need to optimize their loan payment processes, boost revenue, and enhance the overall accountholder experience. Partnering with a proficient payments fintech can be crucial in achieving these strategic objectives. Despite the comfort of long-standing relationships with legacy vendors and the perceived challenges of transitioning to a new provider, significant issues with your current solution might indicate it’s time to explore alternatives. With numerous fintech options available, finding the best fit for your institution can be challenging. Here is a checklist of key considerations when evaluating loan payment solutions.
