Question

What is Digital Lending ? What are the advantages of it ......​

Answer 1

July 29, 2019 Digitization of the lending process brings a number of powerful benefits for banks, including better decisions, improved customer experience, and significant cost savings. It is also a complex and challenging project.

Answer 2

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Digital lending is the use of online technology to originate and renew loans in order to deliver faster and more efficient decisions. Digital lending can start as basic as an online loan application offered by a bank or credit union on its website.