CU2.0 Podcast Episode 116 Barclay Keith Artis Technologies on a New Lending Strategy
The CU2.0 Podcast
Most credit unions continue to wrestle with too many deposits and too few places to park that money profitably. Call this Part 3 of the CU2.0 deep dive into lending in the pandemic era and that is because Barclay Keith, CEO of Artis Technologies, has developed tools that will enable a credit union to empower business members - think home improvement retailers, contractors, jewelers, etc. - to initiate personal loans to consumers, typically in the range of $3000 to $65,000.For the credit union, this just may be a high yield lending arena that also may well bring in new members.For the business, a fast, convenient way for a shopper to borrow may bring in bigger and more sales.For the consumer, this may be a quick and easy way to borrow at competitive rates.Win-win-win.For the consumer it typically takes minutes to complete a loan app, a process that can be initiated and completed at the retailer. The underwriting is AI powered, there's instant KYC verification, and the lending institution - the credit union - gets to set its own policies. Some may not want to lend to subprime borrowers, others may. Some may want to lend only to super-prime borrowers, many will have a broader standard. Artis Technologies lets the lending institution set the policies it is comfortable with.The conversation with Keith in this podcast is a broad look at how the Artis tools work and the benefits that may come to credit unions that deploy them.Part 1 of the new lending tactics series is #113 with Sherif Hassan on small business lending. Part 2 is #114 with Nicholas Hinrichsen on opportunities in refinancing car loans and also lending to subprime car buyers. You know you have money on hand you want to put to work. Listen to the CU2.0 trilogy for ideas you can use today.Barking alert: There is some barking and growling in this podcast, noises that defied filtering software used in editing the podcast. The podcast is clearly audible. And no animals were injured in recording the podcast.Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email email@example.comAnd like this podcast on whatever service you use to stream it. That matters.Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto
Tech Talk: Barclay Keith with Artis Technologies and John Wichmann with Maptician
This episode is brought to you in part by our Co-Sponsor Trevelino/Keller Barclay Keith is the CEO and co-founder of Artis Technologies, a provider of modern lending solutions for businesses to offer affordable, low-friction financing to their customers at the point of need. Keith is responsible for the overall strategic vision, execution, and success of […]The post Tech Talk: Barclay Keith with Artis Technologies and John Wichmann with Maptician appeared first on Business RadioX ®.
Barclay Keith of Artis discusses building a real-time, technology-driven lending solution
Welcome to GroundBanking, stories about innovation in the financial industry. Each episode, host Terry Ammons features experts in banking and Fintech, who discuss the challenges and opportunities in today’s marketplace — whether it’s embracing new technology, coming up with new lines of business or finding more efficient ways to serve their customers and communities. In our latest episode, we talk with Barclay Keith, CEO & Co-founder of Artis - a tech startup that developed a platform focusing on building a real-time, point-of-need digital lending solution for banks and their existing relationships. Artis provides their solution all while remaining “faceless” as the Bank utilizes the platform to benefit their customers’ loan needs in a seamless manner. Barclay explores the technology behind their solution and how it has improved the loan process, how they have developed and smoothed out the platform’s onboarding process and user experience for both the Bank and their relationships and more. Our featured craft beer this episode is Chance IPA from Wild Leap Brew Co. (www.wildleap.com) in LaGrange, Georgia.
Barclay Keith, Army veteran, CEO, and founder of Artis Technologies, LLC, a digital point of needs and lending platform, joins us to discuss Fintech and entrepreneurship. Barclay can be reached at firstname.lastname@example.org.