How Banks Can Compete Against an Army of Fintech Startups
hbr.org
Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet. 7% of bank credit products could be handled digitally from end to end. Lending to small and medium-sized businesses is ready to move online digitization upends business models, enabli
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- Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet.
- 7% of bank credit products could be handled digitally from end to end.
- Lending to small and medium-sized businesses is ready to move online
- digitization upends business models, enabling greater competition that puts pressure on incumbents.
- loan application process
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