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Premium Content: How Open Banking is transforming the global payment landscape
Our Senior Analyst, Tom Erasmus, explores the findings from FBX’s Q1 2021 Unsecured Lending tracking to show a range of approaches enabling customers to service their loans digitally. The platforms of fintech lenders have several advantages over those of traditional lenders, including:
These strengths, however, are an opportunity for traditional lenders, as Tom explains using screenshots of real journeys from providers such as Lending Club, Citi, Wells Fargo, Discover and US Bank.
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