If you’re considering the forces shaping the future of your bank and the banking industry—and you should be—keep an eye on the “digital disrupters.”
Browsing: Online marketplace lending
Banks vastly outpace online marketplace lenders in small business customer satisfaction, primarily because of the high interest rates and unfavorable terms of online lenders.
Marketplace lenders are already winning your customers, bankers say. Here’s how to respond.
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) will unveil major financial reform legislation in early 2016, according to news reports today.
House Small Business Committee Ranking Member Rep. Nydia Velázquez (D-N.Y.) today asked the Securities and Exchange Commission and the Consumer Financial Protection Bureau for information on how they regulate the online lending marketplace for small businesses. Noting that online small business lending has doubled in size every year for the past four years, topping $14
According to a recent article published in the September issue of the Scotsman Guide, nonbank lenders are growing in popularity, making them more competitive against traditional bank lenders.