Are language services for lending important to the health of financial institutions? Absolutely! Here’s why: Financial literacy and processing highly technical language can be difficult for native English speakers, and even more so for limited English Proficient (LEP) consumers. Although the buying power of multicultural consumers has and continues to increase, consumers still face barriers
Language services are an invaluable part of reaching and retaining multicultural consumers in the competitive industries of banking and financial services. A dedicated language services provider, like Telelanguage, will be able to provide complete language services to fit the needs of your institution, such as Telephonic interpretation, video remote interpretation, on-site interpretation, and document translation. Today
Diversity is at the heart of America. As populations continue to shift, and we become more diverse, the need for effective language services increases in all industries across the United States and qualified interpreters and translators are high-value members in serving the needs of linguistically diverse populations. The growing need for language services and new
There are more than 350 languages are spoken in U.S. homes today. Language services in banking have become a vital part of reaching and retaining multicultural consumers in the competitive industries of banking and financial services. Fortunately, the flexibility and state-of-the-art technology of language services in banking make it easier than ever for financial institutions to provide diverse
1 in 5 United States residents speaks a language other than English at home, and more than 25.1 million people in the U.S. are limited in their use of the English language, limited English proficient (LEP). Language barriers present unique challenges for the financial services industry and without professional language support, banks and lenders may
As the economic world grows smaller, and global business grows larger, different cultures and languages are intersecting at an ever-increasing pace, and language support for banking and financial institutions is vital to this industry in a competitive market. In our increasingly digital and fast-paced world, customers expect quick, easy, and reliable services from financial institutions,
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