3 Challenges Facing the Lending Market and How to Overcome Them
The financial services industry, like so many others, has undergone long-lasting changes in recent years. With the emergence of new technologies, new regulations, and unprecedented market changes, institutions have had to contend with unpredictability and rising consumer expectations. To effectively manage constant change, financial firms have to find a way to balance innovation and efficient process execution with risk. The following three shifts have made it even more difficult to navigate an already highly regulated industry.
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