Beyond Fintech: Disruptive innovation in lending
Lending has greatly evolved over the last several years with fintech playing a significant role in restructuring the lending landscape to be more dynamic and responsive. Fintechs are providing customers with pain-free lending services, and customers want the same unified experience with their banks. Additionally, consumers can choose from a host of financial and non‐financial providers. But, fintechs are struggling to find a sustainable business model in the face of funding instability.
A 2017 report from Deloitte and the World Economic Forum, “Beyond Fintech: A pragmatic assessment of disruptive potential in financial services,” examines key trends shaping the lending industry. Read on to learn more about these trends and how they may impact your business.
Published: December 2017