Blog
Insightful blogs and articles related to banking and financial services operations across mortgages, financial crime, commercial lending, and more.
Transforming Reconciliations Management with Digital Knowledge Operations™
Reconciliations are critical processes banks need to perform to check and ensure that the financial statement of a company matches...
How Can Lenders Perform Faster Mortgage Loan Processing?
According to Ellie Mae, the average time for closing a mortgage loan is around 30 to 60 days. The long...
Transforming Business Process Documentation in the BFS Industry with Digital Knowledge Operations (DKO)™
Business process documentation is a vast and tedious activity every banking and financial institution needs to perform perpetually in line...
The High Costs of AML Transaction Monitoring: Can Machine Learning Help?
The Bank Secrecy Act (BSA) obligates financial institutions to follow a stringent transaction monitoring process to track/monitor, investigate, and report...
Anti-Money Laundering Compliance – Checklist and Best Practices
Money Laundering is a persistent problem globally. As per UNODC, 2-5% of global GDP ($800 billion - $2 trillion) is...
Transform Mortgage Loan Origination with Intelligent Digital Solutions
Today mortgage lenders face unprecedented challenges in this fast-paced and competitive marketplace. The need to streamline operations, optimize costs, and...
Why Adopt Robotic Process Automation to Fight Financial Crimes (5 Benefits)
Financial crimes have been a growing problem for banks and other financial institutions. Offenses like money laundering have drawn increased...
As Mortgage Rates Increase, Mortgage Fraud Increases
Due to growing inflation and the Federal Reserve's interest rate hike since 2018 in mid-March, the mortgage market, which had...
Overcoming the Top Challenges in Mortgage Lending Industry with Digital Solutions
COVID-19 caused considerable shifts in the mortgage lending services industry amid the volatile market landscape defined by increased customer expectations,...
