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What Should Banks Do About Marketplace Lenders?

As marketplace lenders gain steam with their online model for marketing and originating installment loans, banks need to take a close look at required skills and strategic options. Are marketplace lenders some sort of digital sideshow, launched with a splash but destined to crash? It has been difficult to tell in the early going. While their marketing-intensive and customer-friendly online operations have caught a lot of attention, making a living from origination fees on unsecured ...

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