bg-arrow-down icon-arrow-up icon-back-to-top icon-linkedin icon-menu icon-search icon-twitter logo-white slider-arrow-left-gray slider-arrow-left slider-arrow-right-gray slider-arrow-right

Digital Lending Detour: Roadblock or Fresh Opportunity for Banks?

Recent turbulence among digital online lenders does not change the overall direction of this growing market. Banks should stay focused on entry options and customer demand.

Just a short time ago, digital lenders were being hailed as the vanguard of financial technology, destined to change small business and consumer finance forever. Now the sector is under assault and sentiment has shifted from one extreme to the other. Following the revelation of internal control issues at Lending Club and the sudden resignation of its CEO, longstanding issues with the sector, mostly ignored by its supporters over the last few years, were suddenly cast front and centre. Is digital efficiency and speed in loan origination being achieved at the conspicuous expense of credit quality? Is a business model ...

Read more

For more information, contact Novantas Marketing

+1 (212) 901-2772


Related Materials

article

2018 Global Multi-Channel Survey

Consumers are completing more complicated tasks online with each passing year.

article

Commercial Banking Performance — 3rd Quarter 2017

Commercial Banking performance has become more varied, raising the question ‘are you different?’

article

Quarterly U.S. Commercial Deposit Study: 3Q 2017 Findings

Commercial Deposit Study: 3Q 2017 Findings

Please enter your email for verification:

Full Name (required)
Title (required)
Institution (required)
Email (required)
Select Product (one required)

PriceTek Deposits
PriceTek Loans
PriceTek Mortgage
PriceTek Offer Engine
StrataScape
BankChoice Monitor
SalesScape
MetricScape

Phone Number (optional)
Description of Need (optional)