[Editor’s note: This is a white paper from Cloud Lending Solutions. Cloud Lending Solutions is a Bronze Sponsor at LendIt USA 2016, which will take place on April 11-12, 2016, in San Francisco.]
The convergence of new technologies, the rise of alternative lending models, and evolving consumer behavior gives banks the opportunity to evolve, grow, and thrive. Agile new platforms and strategies such as marketplace lending and peer-to-peer lending, supported by new technology solutions, allow banks to stay competitive. This white paper will explore the challenges banks face and proposes four strategies banks can adopt to prosper in light of the rising success of alternative finance and peer-to-peer lending. It concludes by explaining how cloud technology can help banks leverage innovative marketplace lending models to achieve growth and success.
Download the full white paper: How Banks Will Survive the Lending Revolution
The host of this blog, LendIt, is the largest conference series dedicated to connecting the global online lending community. Our conferences bring together the leading lending platforms, investors, and service providers in our industry for unparalleled educational, networking, and business development opportunities. LendIt hosts three conferences annually: our flagship conference LendIt USA as well as LendIt Europe in London and LendIt China in Shanghai. Visit our home page to register for the next event and to subscribe to our newsletter.
