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 personal loans- Finding best-in-breed solutions through multiple partnersMentioned during the podcast:- The Calf-Path by Sam FossTo hear more from Leaders in Lending, check us out on Apple Podcasts, Spotify, or on our website.Listening on a desktop & can’t see the links? Just search for Leaders in Lending on your favorite podcast player.