Profiling Innovations in Business Lending
Innovation is available to institutions of all sizes and types, including traditional and alternative lenders.
Boston, August 8, 2018 – Technological innovation and disintermediation are among the most hyped trends impacting lending institutions around the world. Technological innovation enables disintermediation by disruptors such as alternative lenders, and innovation will likely solve long-standing challenges in the lending business. But how is innovation achievable by seemingly ordinary institutions?
Mindful of financial institutions’ desire to be innovative, Aite Group has undertaken an informal study of innovations in business lending. This report is the net result of discussions during Q2 2018 between Aite Group and vendors, data providers, service providers, and financial institutions within the global infrastructure that enables lenders to extend credit to businesses.
This 21-page Impact Note contains five figures and one table. Clients of Aite Group’s Wholesale Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Cloud Lending Solutions, CreditRiskMonitor, Eastern Bank, Ingo Money, Numerated Growth Technologies, OnDeck Capital, and Rabobank.