{"id":9894,"date":"2018-06-22T11:15:29","date_gmt":"2018-06-22T11:15:29","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=9894"},"modified":"2018-08-10T06:17:25","modified_gmt":"2018-08-10T06:17:25","slug":"how-online-lending-will-continue-its-evolution","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/how-online-lending-will-continue-its-evolution\/","title":{"rendered":"How online lending will continue its evolution"},"content":{"rendered":"<p>Digital lending choices for both consumers and small businesses have grown rapidly, and the online lending sector is now entering a phase of maturity. There is increasing competition; regulators are paying more much attention to the sector; and technology continues to evolve. The speed of technological development and the range of offerings in the market mean that, in order to succeed, institutions must continue innovating and be smarter. Over the coming years, we will see a focus on three core areas:<\/p>\n<ol>\n<li><strong>Advances in data analysis<\/strong> \u2014 data is important to the industry. Machine learning and artificial intelligence solutions are likely to mature and push further innovation. We will also see an improved ability to apply data to different segments.<\/li>\n<li><strong>More intelligent use of technology<\/strong> \u2014 technology has always been at the center of successful digital lending, and a lot of experimentation is taking place into how it can be improved.<\/li>\n<li><strong>An explosion of strategic partnerships<\/strong> \u2014 online lenders are likely to be more successful if they experiment in collaborating with other firms. These partnerships will lead to the creation of new and innovative products and services.<\/li>\n<\/ol>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-9894 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Video: the threat of payment apps to U.S. banks'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-the-threat-of-payment-apps-to-u-s-banks\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/08\/U.S.-Banks-Are-Terrified-of-Chinese-Payment-Apps-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13477\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13477'>\n\t\t\t\tVideo: the threat of payment apps to U.S. banks\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Video: the internet of things is reshaping our world'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-the-internet-of-things-is-reshaping-our-world\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/The-Internet-of-Things-2-for-Banking-Energy-and-Utilities-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11751\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11751'>\n\t\t\t\tVideo: the internet of things is reshaping our world\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='More than 100 programmers participate in Fintechstars hackathon held in Almaty'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/more-than-100-programmers-participate-in-fintechstars-hackathon-held-in-almaty\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/network-connection-concept_1134-46-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8592\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8592'>\n\t\t\t\tMore than 100 programmers participate in Fintechstars hackathon held in Almaty\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Digital lending choices for both consumers and small businesses have grown rapidly, and the online lending sector is now entering a phase of maturity. There is increasing competition; regulators are paying more much attention to the sector; and technology continues to evolve. The speed of technological development and the range of offerings in the market &hellip;<\/p>\n","protected":false},"author":5,"featured_media":9908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[80,77,49,129],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9894"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=9894"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9894\/revisions"}],"predecessor-version":[{"id":10039,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9894\/revisions\/10039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/9908"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=9894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=9894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=9894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}