How Will Banks Survive The Lending Revolution

The convergence of new technologies, the rise of alternative lending models, and evolving consumer behavior signal a chance for banks to evolve, grow, and thrive. Alternative finance (AltFi) creates...

Shashank Mudlappa 11th July 2016

The convergence of new technologies, the rise of alternative lending models, and evolving consumer behavior signal a chance for banks to evolve, grow, and thrive. Alternative finance (AltFi) creates new opportunities for banks. Forward-looking banking institutions are developing partnerships with alternative finance companies to grow their markets, share fundamental capabilities, and expand their expertise. Astute banks are leveraging the latest advances in cloud technologies to modernize and simplify their organizations. They are delivering innovative digital experience that meets the expectations of today’s tech-savvy customers while improving responsiveness to deal with market uncertainty. This whitepaper proposes four strategies that banks can adopt to prosper in light of the rising success of alternative finance and peer-to-peer lending. It concludes by explaining how cloud technology can help banks leverage innovative marketplace lending models to achieve growth and success.

Resources

NEWS

Cloud Lending Solutions Expands Leadership Team with New Executive Hires

Cloud Lending Solutions adds Chief Revenue Officer and Chief Financial Officer as the Company Focuses...

DigitalLEND Connects Borrowers and Lenders Through Rapid Deployment-Ready Customizable Solution

Cloud Lending Solutions, Crowdnetic and eOriginal Partner to Offer Turn-Key Solution to Solve Traditional Lending...

BLOGS

Regtech Meets Fintech – How It Improves Lending?

Lending as an industry is prone to risks and frauds. The added weight of growing ...

Opti-channel banking – way forward for better customer engagements

With an upsurge in technological innovation and the rise of digitally equipped millennials, banking and ...

EVENTS

NEFA Finance Summit 2018 (Conference)

The National Equipment Finance Association (NEFA) is a national association serving small- to mid-size independent ...

Money 20/20 Europe 2018

Europe's largest FinTech event is coming to Amsterdam If you’re thinking about how consumers and ...