Why Some Banks Still Haven’t Switched to Digital Lending

Avoiding risk is risky itself. Here’s what you stand to lose by resisting digital transformation — and what you can gain in the new era of lending.

Key Takeaways

Manual, legacy processes present numerous risks to lenders, including:

  • Inaccuracy and human error
  • Unsanctioned (and insecure) IT
  • Lack of performance measurement
  • Negative customer experiences

 

Download SPARK’s latest guide to learn how risk aversion is holding you back from realizing your true lending potential, and join the next generation of lending at lendwithspark.com 

Download Guide - It's Risky to Be Risk-Averse