Business

Lending Customer Success Story
Texting for Success: National Lender Increases Conversions from Application Approvals to Funding by 25% with Solutions by Text

The financial service provider, a customer-focused lending institution, saw a chance to improve its operations and customer interactions. By using SMS and MMS solutions from Solutions by Text, the lender made document collection easier, increased conversions from application approval to funding, and gave customers better self-service options. The Results The implementation of compliant text messaging…

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FinText NOW 2024
FinText NOW 2024: Unlocking the Future of Consumer Finance Communication

Imagine a world where every financial interaction is seamless, personalized, and compliant. At FinText NOW 2024, industry visionaries gathered to turn this vision into reality—sharing groundbreaking ideas and unveiling innovations set to redefine consumer communication in finance. From exploring the strategic advantages of compliance to showcasing the latest in AI and RCS technologies, the sessions…

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Text Messaging vs. Email, Calls, Mail: A New Era of Engagement

Are you struggling to capture your customers’ attention with traditional communication methods? Email, phone calls, and direct mail are increasingly losing their impact in a market driven by instant gratification and convenience. Text messaging has emerged as a superior channel, offering unmatched open and response rates. But how can text enhance your omni-channel communication strategy…

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Compliance Checklist
Compliance Checklist for Consumer Finance Texting Programs

In the heavily regulated consumer finance industry, ensuring compliance in business to consumer messaging is crucial – as well as complicated. Solutions by Text (SBT) specializes in providing compliant text messaging solutions that help businesses connect with their customers while adhering to complex regulatory and carrier (T-Mobile, AT&T, Verizon, etc.) standards. This checklist is designed…

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FinText NOW 2024
Solutions by Text to Host Second Annual FinText NOW Conference

Three-day event welcomes leaders of the consumer finance industry for education, panel sessions, networking, and collaboration October 14 – 16; Nashville, Tennessee  Dallas, TX (August 20, 2024) – Solutions by Text (SBT), a leading platform for compliance-first messaging and payments for consumer finance, proudly announces its second annual FinText NOW customer conference focused on the…

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Reduce Case Resolution Time with Two-Way Texting

In the competitive world of consumer finance, delivering exceptional account servicing is crucial for maintaining operational efficiency and driving customer satisfaction. Traditional call centers often face challenges like long wait times and complex management demands, impacting both productivity and customer experience. Two-way texting offers a game-changing alternative, providing real-time, efficient communication that transforms account servicing.…

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Exploring the Impact of the Chevron Ruling on Text Messaging Compliance

In a landmark decision, the Supreme Court has overturned the Chevron doctrine, fundamentally changing how regulations are interpreted and enforced in the United States. This ruling has significant implications for industries across the board, including consumer communications and text messaging. For consumer finance organizations, understanding and adapting to this new regulatory landscape is crucial. But…

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