QuickFi

Which companies can implement AI today, and which companies must wait? ? Articles by Andreessen Horowitz and the Wall Street Journal suggest an emerging framework for determining the likely success of competing AI initiatives. ? Manual workflows may substantially delay meaningful AI implementations at many companies. However, the articles suggest companies with modern, digital workflows will be positioned to realize substantially more AI benefits. ? Does this suggest reduced spending on CRM automation—typically enacted to enhance (and perpetuate) legacy workflows—in favor of?embedded lending?and newer digital strategies? Read more, here:?https://lnkd.in/gd2xvv3Z #embeddedlending #ai #fintech?

AI has the potential to disrupt the $1 trillion per year US commercial lending industry. Getting ahead of the curve may depend on whether lenders can successfully transition from manual legacy workflows to new digital business models. Embedded Lending technology enables lenders to quickly make this transition and position them to harness the full potential of AI. Read more here: https://lnkd.in/gd2xvv3Z

Embedded lending not only significantly impacts transaction efficiency, speed, and customer satisfaction but also results in dramatically reduced costs. The embedded lending business model establishes a new digital delivery model, removes friction from transactions, and reduces ongoing costs that currently limit the growth and scale of banks and equipment finance companies. QuickFi’s digital, embedded lending platform costs less than 1/3 of the industry average cost according to the benchmark small ticket SG&A data from the 2024 ELFA Survey of Industry Activity.?

Adopting platform enabled business models based on customer-driven value and technology unlocks exponential gains in speed, convenience, and security. Like the Amazon platform experience in retail, QuickFi enables lenders and OEM captives to easily adopt 100% digital, self-service secured lending capabilities at a fraction of the cost, enabling a better customer experience.

The London-based Banking Tech Awards by FinTech Futures announced QuickFi as a finalist in two categories for their embedded lending platform. QuickFi is a finalist for Best Digital Solution Provider – LendTech, and Best Embedded Finance System. The Banking Technology Awards recognize companies that make an impact with their innovative solutions, exceptional customer service, and unwavering dedication to making banking safer and more convenient. Finalists represent the brightest minds in the industry and are shaping the future of banking technology. Read more, here: https://lnkd.in/g-SXJEAw

Equipment manufacturers can now have their own digital captive finance capability with no upfront cost and a highly preferred customer experience. Lenders can fund OEM finance transactions at a fraction of the cost, without slowing down the equipment sale process.?

?? The shortlist for the 25th #BankingTechAwards is here! Who will take home the win? ?? ?? Check out the finalists now and get ready for the big night on 4th December! ?? https://spr.ly/6042qTwhg #BankingTechAwards #BankingTech #FinTech

New regulation is causing some lenders to question the feasibility of serving small businesses. With QuickFi, lenders can evolve from traditional, manual lending practices to a fully digital,?Embedded Lending?business model - eliminating the burden and costs of complying with new business lending requirements.

Congratulations to QuickFi on winning the ???????? ???????? ???????????????? ???? ?????? ???????? (????????????????) award at the Global BankTech Awards! #BankTech24 #BankingTechnology #PaaS #BankingPlatform Daniel Tran

Embedded lending is expected to revolutionize OEM equipment financing. According to Accenture, it represents a $92 billion dollar expanded market opportunity by 2025. Embedded lending is a new, entirely digital captive finance company option for manufacturers of all sizes. It allows all-size manufacturers to establish a state of-the-art, digital captive finance company without high cost or risk. Embedded lending is available 24/7/365 and can be completed in minutes from the equipment buyer’s mobile device instead of hours or days required to process leases and loans in the vendor finance program model. Read more in the PDF below: