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Key takeaways:

  • 72% webinar attendees expect the demand for SME borrowing to be stronger than pre-pandemic levels.
  • Issuing an SME loan the traditional way costs around £3,500; the latest lending technology can cut up to 80% of this cost
  • 38% of webinar attendees said that Open Banking data has improved their institution’s lending risk and affordability analysis

How to Accelerate Digital Lending with Data & Automation

The smart use of data, automation and analytics can accelerate digital lending in the post-COVID environment, according to panelists at a recent webinar hosted by Ezbob and moderated by Finextra Research.

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