Dixiana Berrios, MCB’s Executive Vice President and COO, underscored AFSVision®'s capabilities in supporting the bank's strategic goals, including improved customer service, increased profitability, and robust risk management processes. The platform features an open API design, end-to-end processing, real-time portfolio management, and digital mobile access—essential for MCB’s digital transformation ambition.
Rick Bare, CEO of AFS, expressed enthusiasm for the partnership, highlighting how AFSVision® aligns with MCB's objectives and will facilitate operational efficiencies and superior customer experiences.
MCB offers diverse banking services and has received recent accolades, including being named one of Newsweek's Best Regional Banks for 2024 and recognition by S&P Global Market Intelligence and Kroll for performance and stability.
AFS, headquartered in Exton, Pennsylvania, specializes in real-time lending solutions, managing over $3 trillion in various loans daily. They exemplify innovation and excellence in the financial industry, with both global reach and regional client support.
For further information, visit MCBankNY.com and afsvision.com.
Our Opinion:
MCB and AFS are setting a new standard for what's possible in commercial lending, and Alternative Lenders can't afford to be left behind. The fact that a bank like MCB is investing so heavily in technology and innovation should be a clear signal. It's no longer enough to rely on traditional methods and processes. Lenders need to be constantly exploring new tools, platforms, and approaches to stay competitive.
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