LendIt and Amount recently collaborated on a market survey to understand the limitations that keep banks, fintechs, and other financial institutions from adopting digital products, improving customer relationships, and activating new revenue sources.
Within the report, important observations on partnership, misguided risk concern, and consumer credit product activity surfaced. Surrounding each of these, we reveal paths for outperformance – from outlining the keys of profitable partnership to exploring ways to leverage existing capabilities to launch digital products.
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