Integrating Technology into CDFI Small Business Lending - Challenges and Solutions

Explore the challenges and opportunities of integrating financial technologies into CDFI small business lending in this comprehensive webinar. Delve into critical issues facing the CDFI industry, including Total Cost of Ownership, the importance of scale, and the impact of funding practices. Learn from Business Ownership Initiative experts as they discuss policy, process, and technology priorities, addressing common hurdles to adoption and successful implementation. Gain insights on creating value from technology, understanding agency costs, and navigating the transition from legacy systems to cloud-based solutions. Discover strategies for honest communication with funders and overcoming the "underpants gnomes" approach to technology integration. This session, part of the Global Inclusive Growth Partnership, offers valuable perspectives for CDFI professionals, funders, and investors seeking to maximize the benefits of financial technology in small business lending.