New customer-centric models in lending
Connected consumers expect convenience and immediacy in all aspects of their lives – including borrowing. As the industry begins to move beyond peer-to-peer lending, innovative new products have begun to proliferate, introduced by a new breed of service providers who are leveraging AI and big data to manage risk. Is this a fad or are these new products disrupting the core banking business? And is easier, increased access to credit a good or a bad thing? We’ll let you decide.