Will the new normal for lending be better than the old?
This series looked at lending and its future in a transforming economy. From exploring why this industry needs to change, to looking at how technology can transform the human side of lending at a time when face-to-face business is largely impossible. The new normal for lending will be different.
The new normal for lending will be different. The technology building blocks are in place. All the industry needs to do is join them together It will be a more digital space, and more connected, with platforms allowing for the disintermediation that creates a range of new lending business models. The convergence of cloud, digitalization, APIs and real-time information has truly transformative potential.