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