The future of lending and credit decisioning is undergoing a massive transformation. Over the past few decades, confidence in larger financial institutions has been eroded, and winning back trust has been a long, difficult road.
This opened the door for smaller community banks and alternative financial institutions to make inroads on a previously rarified landscape.
What financial consumers want has also undergone a massive shift. Newer generations of banking customers demand different banking solutions, credit opportunities and lending options. Being able to meet their rapidly changing needs has been an ongoing challenge for traditional banks and lenders.
GDS Link’s latest whitepaper explores the massive shift in financial consumer expectations, alternative business models/opportunities like buy now pay later, and so much more.
