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New technologies are advancing at a breakneck pace. With exponential advances in everything from data analytics and AI, to 5G and cloud computing, how can traditional lenders keep up?
Compounding the problem, financial institutions face mounting pressure from big techs, online challenger banks and digital lendtech competitors encroaching ever deeper into the auto, home and consumer lending marketplace. Consumers want an Amazon-style experience that most banks and credit unions struggle to deliver.
Download this executive-level study from CUNA Mutual Group examining the big trends and critical issues facing digital lenders in the year ahead.
What You’ll Learn:
- Where banking providers are placing their biggest digital bets to win big with borrowers
- The biggest digital lending challenges and headwinds traditional institutions must overcome
- Trends and priorities for transforming the digital lending experience — data, automation, hyper-personalization, AI, the cloud, speed and transparency
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