Wednesday, January 13, 2016

In 2016, FIs Will Have Own Digital Lending With "Enablers"

“In 2016 the industry narrative will increasingly be about fintech ‘enablers’ rather than non-bank 'disruptors'— companies that are dedicated to helping financial institution incumbents close the digital gap and hold on to key customer segments,” says Todd H. Baker in the American Banker today.  “The incumbents must act quickly because their main advantage — ownership of customers and customer data — is under threat,” he continues.  “But they can now buy the technology and mindset from the new class of fintech enablers.”

Financial Enablers Like Us Provide
 Digital Lending Technology Under Your Control and Brand

He is talking about, for example, digital lending technology platform providers like us.  Our technology allows you to deliver loans where you own the relationship and balances, and with your sound underwriting, security and bank compliance under your brand and control.  Such technologies are becoming part of a bank’s key service capabilities to have the benefits of the digital age in the new financial ecosystem.  Let us do a demo to share more.





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