This year’s Forum concentrated on the use of technology in microlending – tools to do the lending and a way to close the bank referral loop. We are grateful to the Federal Reserve Bank for hosting us (that’s their lobby in the photo). Three Tools for Microlending Automation (CAMEO members only morning session) We’ve been encouraging members to incorporate technology into your lending process for several years to increase efficiency, save money, and increase volume. Technology is now a given for any serious microlender; and the choices are expanding. Susan Brown, CAMEO’s microlending expert, kicked off a great panel for our ongoing discussion on the topic.
- Robert Lopez, COO, VEDC – Overview on VEDC’s automation project and why it is necessary
- Emily Gasner, CEO, Working Solutions – How the MMS automation has helped grow their portfolio
- Nick Elders, Vice President of Technology Solutions and Services, Spark presentation