Today’s traditional lenders are waking up to the fact that alternative finance companies are cutting into their margins by providing lending solutions with speed, automation and delivery mechanisms that mirror their consumer lives. As the lending demographic shifts to younger borrowers, these borrowers are revolting from the experience and SLAs that were tolerated ten years ago and as such, they do not have the same brand loyalty of prior generations. Those financial services companies who put the borrower first and leverage technology to control the experience by creating an omnichannel flow will ultimately win in the long term. Because competition is coming from unconventional companies such as Amazon, Google, and Facebook, today’s lenders need to understand that the speed of transformation is occurring in months, not years.

Q2 Holdings, Inc., Enters Agreement to Acquire Cloud Lending, Inc.

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, has announced an agreement to acquire San Mateo, California-based Cloud Lending, Inc., a privately-held SaaS company...

Finovate Fall 2018

See cutting-edge banking, financial and payments technology in a unique, short-form, demo format. Get advice and insights from 100+ fintech experts.

Fujitsu Presents ‘Digital Transformation of Banking Services’ Report

Fujitsu today presented an analysis of challenges and the impact of digital transformation in the banking sector, outlining new business models and opportunities.

Cloud Lending Solutions: 2018 Red Herring Top 100 North America Winner

Red Herring announced the winners of its Top 100 North America 2018 event, recognizing the continent’s most exciting and innovative private technology companies. The winners, celebrated at a special awards ceremony at the Marina Del Rey Hotel, have been chosen from...

Cloud Lending Solutions chosen as a 2018 Red Herring Top 100 North America Winner

Red Herring has crowned its Top 100 North America winners. Entrepreneurs and investors were treated to two days of keynote speeches, roundtable discussions and presentations by dozens of North America’s best and brightest tech...

Cloud Lending wins 2018 Comparably Award: Best CEOs for Diversity

The top-ranked CEOs from Small/Medium and Large Companies who were anonymously rated by employees of color on Comparably.com from May 23, 2017 to May 23, 2018.
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