Likelihood to Recommend BankStride has saved us a tremendous amount of time and has been a key driver of growth and productivity within our company. The platform makes it easy for borrowers to submit documents, so the number of loan exceptions across our portfolio has decreased substantially. As a result, we can quickly identify pockets of risk within our loan portfolio and take appropriate steps to address areas of concern. It also makes regulatory audits and reporting much easier
Read full review Xoom is best suited to send and receive money between two people who live in different countries, not only that we can also send money to our friends, colleagues, family members directly in their bank accounts. They have a great currency exchange functionality that directly converts our received money into our local currency, and deposits it into our bank account within a few minutes. The only drawback is that not many people know about it, it needs good marketing so that more people can use this service, and from my experience, I can say it is very secure and a good competitor of Payoneer.
Read full review Pros automates document collection automates loan monitoring automates risk reporting loan portfolio management construction loan monitoring loan draw management loan processing secure document collection loan exceptions management vendor management OCC compliance Regulatory reporting regulatory compliance Read full review Very fast transfer and very secure as being of PayPal. Receiver don't need to download the app or use Xoom. It supports bank and debit card to transfer funds and same with the receiver. Read full review Cons Read full review Some destinations take longer to get delivered to. Higher amounts of money are harder to transfer. High fees when trying to add funds to new card. Read full review Likelihood to Renew I don't see any other service that is so versatile and which offers such a breadth of services.
Read full review Usability It's one of the most easy to use and intuitive platforms. The app is very powerful as well.
Read full review Support Rating The support team is excellent. They help with any queries.
Read full review Implementation Rating The implementation was largely successful. Since this was a large shift from normal practices, we faced a few teething problems, but largely I'd say it went well.
Read full review Alternatives Considered nCino does not offer the automation features that BankStride does, which is why we went with BankStride. nCino is much more expensive (and requires Salesforce) and seems to lag a bit. It's a heavy lift for banks to implement, whereas BankStride can be implemented immediately. I believe BankStride can integrate with nCino which could be helpful, but in my opinion, BankStride is a stand alone product.
Read full review We agreed to select Xoom as the main payment method since it had more flexible options. It gives the user a full guarantee of transacting safely and when there is a conflict the customer support team acts quickly. The charges for sending and receiving money are relatively low as compared to other platforms. The mobile application has biometric login features making it difficult for unauthorized users to access confidential information.
Read full review Return on Investment $17,400 saved per user per year on average Approximately 290 hours saved per user per year Read full review We have had an uptick in payment processing times. We receive payments from customers on time with no lag between invoice and payment dates. Overall Xoom has literally added to our bottom line by allowing more than a physical check payment option. Read full review ScreenShots