Open Lending Blog | Members Services

Feb 16
2 min

Reach More of the Unbanked and Compete with Fintechs

In 2017, 1.7 billion people, over a quarter of the population, were unbanked globally. A poll conducted by the Morning Consult in 2021 found that 10%...

Jun 22
1 min

3 Auto Loan Marketing Trends to Watch in 2H 2021

The automotive industry has made progress toward getting back to normal, but a couple of large hurdles remain.

Dec 9
2 min

Upsell Value for Additional Noninterest Income on Auto Loans

At some point when visiting a retail store, you’ve probably been asked if you want to buy one more of something to earn a special discount or to...

Oct 20
2 min

Adaptation: Experience Key to Driving Auto Loan Results

What was once a lofty goal of delivering a more streamlined auto lending experience, has become table stakes for financial institutions in this...

Sep 29
1 min

Digital Transformation of the Car Buying Experience is Here

In coronavirus environment, digital has skyrocketed to the forefront of the car shopping experience, but it was moving that way prior to 2020....

Sep 16
2 min

Follow the Trends to Find your Credit Union or Banks’ Future

As we came into 2020, things were looking pretty stable for auto lending. Late in the first quarter, Experian released its State of Automotive...

Jun 24
2 min

Now is Credit Unions Time to Shine for Members and Grow

As the country moves into our new normal, credit unions should be preparing to accelerate their business. People have been in isolation for weeks and...

Apr 22
2 min

Community Bank and Credit Union Brands Will Shine Through Pandemic

I know you’ve been hearing this, but we are living in unprecedented times due to coronavirus. Over the course of the last two months, life in...

Apr 1
2 min

Hope Floats Amid Corona-Related Auto Dealership Shutdowns

Life happens. The pandemic is in full swing, and your member’s car has died or been in an accident – but many states have ordered people to shelter...

Mar 17
2 min

Fed Rate Cut: Pay it Forward in Corona Crisis

As COVID-19 continues to spread, the government and general public are struggling to deal with the growing concerns. From an individual aspect,...