Digital Lending Ecosystems – Building Your Flywheel
As competition for profitable loan customers intensifies, it is critical for financial institutions to build a digital lending ecosystem – an interconnected set of services that solve a broader set of financial needs for borrowers. Doing so allows financial institutions to improve retention, increase lifetime customer value, and fortify their competitive position within a rapidly changing industry.
Join Alex Johnson, Director of Fintech Research at Cornerstone Advisors and Ankur Rawat, Banking Products Director, Newgen, as they outline the concrete steps that financial institutions can take to start building their digital lending ecosystems.
- Consumer, small business, and commercial lending trends and competitive dynamics
- Digital lending ecosystems – The what and why
- Newgen’s digital lending platform
- Real world examples