The digital lending market is expected to see an 11.9% CAGR from 2020-2025. However, the key question for alternative lenders and traditional providers is: how to grow along with the industry?
In this Forbes article, Dmitry Dolgorukov provides a brief lending market trends overview. Along with that, he highlights general and specific to-dos for both incumbent banks and lending fintech companies.
How to make sure your digital transformation strategy is relevant as finance is becoming dramatically more accessible? How to take most of what self-service trends offers? In which aspects it’s worth investing in AI and ML for traditional and alternative lenders? How to benefit from increasing financial literacy in your clients?
The answers to these and other questions are in the article by Dmitry on Forbes Finance Council:
DIGITAL TRANSFORMATION FOR TRADITIONAL AND ALTERNATIVE LENDERS
Check out our blog for more valuable advice in the digital transformation of lending.
