2018 Digital Lending Trends
- Date:March 01, 2018
- Author(s):
- Al Pascual
- James Wilson
- Report Details: 8 pages, 3 graphics
- PAID CONTENT
- Download summary
Overview
While most areas in retail banking have embraced the power of going digital, lending has been a clear laggard. It is only over the last few years that lending has truly embraced the digital revolution. Spurred by threats from alternative providers and the expectations of consumers whose experiences were shaped by digital interactions elsewhere, lenders are throwing off the shackles of analog processes. For prospective borrowers this means far less friction between the application and funding stages of a loan. And for lenders, the acquisition, loyalty, and cost benefits of transitioning to digital are finally being realized. In this year’s Digital Lending Trends report, Javelin explores three trends that illustrate just how much digital technology is changing the landscape for borrowers and lenders. Fortunately for all stakeholders, the digital revolution in lending is far from over and there are plenty of positive changes left to come.

Interested In This Report
Related content
February 03, 2022
Copy-Cat Banking Isn’t the Best Way to Beat Fintech Innovators
Neobanks have built their customer bases by offering lower fees and, particularly during the pandemic, quicker access to federal stimulus funds. But to develop the kind of deep rel...
January 17, 2022
Green Banking: A Strategic Clash of Digital Needs vs. Wants
As financial institutions roll out new digital features touted as tools to help customers monitor their environmental impact and make meaningful changes, they face a host of challe...
December 01, 2021
2022 Digital Banking Trends & Predictions
The traditional definition of “financial relationship” has changed forever. For banks to adjust to this change and deepen their connections with customers, they will have to embrac...
Make informed decisions in a digital financial world