Rise of Fintech in Consumer Loans: Threat or Opportunity?
With the rise of fintech firms in consumer loan origination, banks face a choice: ignore them, compete with them, or partner with them. Learn how taking an allied partnership approach with the right fintech lender can improve your customer experience and add organizational value in a post COVID-19 world.
In today’s world, it is important to understand how fintech loan originators are addressing challenges brought on by COVID-19. We will discuss steps being taken to address the economic impacts the COVID-19 outbreak is having on a borrower's ability to repay, both in the front-end underwriting and verification processes and implementing conservative underwriting changes.
In this webinar, you will learn how to identify the right avenues of cooperation and navigate potential pitfalls in developing strategic partnerships with fintech consumer loan originators that will complement or diversify your current lending programs. This webinar will explore various forms of collaboration between banks and new fintech consumer loan originators. You will learn about what to look for and what to avoid in bank-fintech loan origination partnerships.
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