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Not Embracing Change is the Ultimate Risk for Banks w/ Matt Gallman

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Manage episode 293346151 series 2928307
Content provided by Leaders in Lending. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Leaders in Lending or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Because of historically low interest rates, insane levels of liquidity within the banking system, and changing consumer needs, some banks need to find alternative ways to generate revenue. That means embracing change and bringing on new partners.
In this episode, we talk with Matt Gallman, VP, Enterprise Risk Officer at Drummond Community Bank, about why the riskiest strategy a bank can take is not changing at all.
Key Topics Covered:
- Entering the consumer lending space during the pandemic
- Advice for banks looking to partner with Fintechs
- Getting comfortable with originating unsecured personal loans
- Finding best-in-breed solutions through multiple partners
Mentioned during the podcast:
- The Calf-Path by Sam Foss
To hear more from Leaders in Lending, check us out on Apple Podcasts, Spotify, or on our website.
Listening on a desktop & can’t see the links? Just search for Leaders in Lending on your favorite podcast player.
  continue reading

140 episodes

Artwork
iconShare
 
Manage episode 293346151 series 2928307
Content provided by Leaders in Lending. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Leaders in Lending or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Because of historically low interest rates, insane levels of liquidity within the banking system, and changing consumer needs, some banks need to find alternative ways to generate revenue. That means embracing change and bringing on new partners.
In this episode, we talk with Matt Gallman, VP, Enterprise Risk Officer at Drummond Community Bank, about why the riskiest strategy a bank can take is not changing at all.
Key Topics Covered:
- Entering the consumer lending space during the pandemic
- Advice for banks looking to partner with Fintechs
- Getting comfortable with originating unsecured personal loans
- Finding best-in-breed solutions through multiple partners
Mentioned during the podcast:
- The Calf-Path by Sam Foss
To hear more from Leaders in Lending, check us out on Apple Podcasts, Spotify, or on our website.
Listening on a desktop & can’t see the links? Just search for Leaders in Lending on your favorite podcast player.
  continue reading

140 episodes

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