Regional and community banks have an opportunity to ramp up online lending capabilities through strategic fintech partnerships. Working closely with fintech businesses can enable firms to put online lending solutions into place quickly to compete with larger banks and credit unions.
Firms are embracing fintech partnerships. From global firms to community banks, the trend is clear. Establishing an effective partnership requires clear communication between parties, transparency into expectations and a deep understanding of the regulatory issues that impact the relationship.
Finding the right partnership can serve as an ideal first step into the online lending realm. GDS Link offers consulting services on top of our risk management software, positioning us to help you establish a partnership and support your operations with strategic technologies.