Industry Insights & Thought Leadership

Many subprime consumer lenders continue using legacy loan servicing systems under the belief that switching would be too expensive or disruptive. But in 2025, sticking with outdated systems may be quietly draining profits, increasing compliance risk, and hurting borrower satisfaction.

Customize Your Workflow with Omega's New Custom Forms Feature. This powerful new feature gives you complete control over your data collection, screen layouts, and form logic—without ever needing to write a single line of code.

OFAC Compliance Isn't Optional — Especially for Subprime Lenders. As a subprime lender, you're already navigating a complex regulatory environment, serving high-risk borrowers, and managing tight operational margins.

Embracing online lending service options can provide numerous advantages, such as reaching a broader audience, enhancing customer convenience, and streamlining the application process.

Megasys is thrilled to be selected as a top leader in the auto finance industry for the 11th consecutive year!

2023 celebrated a successful year of customer base growth. This past year we added several new features and enhancements to improve the Omega Loan Management System experience.