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Digital Lending – What Experts Have to Say?
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Success means much faster credit decisions, with customers getting cash up to 80 percent sooner; lower costs, with 30 to 50 percent less time spent on decision making; and better-quality risk decisions, which translate into greater profitability...
– McKinsey
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AI is starting to deliver on its potential and its benefits for businesses are becoming a reality.
– Gartner
What's Inside of this Guide?
The dawn of digital-led lending
The tipping point for modern day lenders
Barriers to the way to transforming lending
Pushing the envelope on digital for lending hypergrowth
Digital lending's moment of truth
The business economic value of digitalizing lending
General principles for successful digitalization of lending operations
Five key takeaways