Digital banking is hardly new, but over the past year and a half, more and more people have realized that many of their banking chores can be done through mobile apps and web browsers.

While many companies have been busy migrating their business to the cloud, financial institutions have been a little reluctant. Initially, many financial institutions limited their use of the cloud for functions like storage, communications and cloud-native infrastructure. This was due primarily to concerns over regulatory challenges.

When was the last time you updated your loan origination system (LOS)? In the last year, lenders have had to completely transform their processes while evaluating their existing LOS.

Tips and hacks for the next generation lender.

The mortgage origination process today is human-intensive and time-consuming.

In no time in the history of the mortgage banking industry has digital customer engagement at the point of sale been more important.

An important dimension in the loan origination world that is optimizing both the borrower and loan officer experience.

With changes in technology, new options are becoming available to users of loan origination systems (LOS).

Wipro Gallagher Solutions (WGS), a Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) company and a leading provider of loan origination software solutions, today announced that NetOxygen LOS is fully compliant as per URLA requirements and is ready for the Start of Required Use. With application screens created to meet URLA requirements and automation to ease user experience, the NetOxygen Launchpad and LOS will keep lenders compliant while simplifying the user experience.

NetOxygen 6.2 will create a superior experience for users and boost operational efficiency for lenders

Wipro Gallagher Solutions (WGS), a Wipro Limited company and a leading provider of loan origination software solutions, today announced the release of the latest update of NetOxygen Launchpad, a state-of-the-art consumer point-of-sale (POS) portal delivering true digital experience and enhanced consumer engagement, across channels, throughout the loan cycle, including the post loan submission process.