6JUNE 2022Editor's NoteThe Digital Lending RevolutionDigital Lending is gaining traction among banks across the globe due to its simplicity of use and increasing profitability.With thorough information regarding the applicant's outstanding loans and financial status, banks can approve loans in a short span of time.Analytics is used in digital lending to focus on some of the most crucial aspects of end-to-end loan management.It improves customer experience by increasing customer onboarding efficiency and speed.These benefits are projected to propel the digital lending platform industry forward.The global Digital Lending Market is expected to grow at a CAGR of 13.8 percent from USD 10.7 billion in 2021 to USD 20.5 billion by 2026.In terms of user-facing digital lending software, loan application services are progressing toward a paperless and frictionless trend, with flawless customer experience at the forefront.When it comes to the most pressing back-end concerns, cybersecurity almost certainly remains a top priority for developers as cybercriminals are targeting digital financial processes. Traditional financial institutions will continue to enjoy high levels of trust, but better access to digital services will enable alternative lenders to compete more aggressively with banks.The rebound of European economies following the epidemic will be beneficial to lenders and, as a result, to digital lending platform providers as well. At this juncture, to assist financial service providers and help them move in the right direction while adopting banking technologies, a distinguished panel of CEOs, CIOs, VCs, and analysts, along with the editorial board of Financial Services Review Europe, has selected the leading banking solution providers who can help banks advocate innovative technological products to deliver enhanced customer experiences.We present to you Financial Services Review Europe's"Top 10 Digital Lending Solutions Vendors in Europe - 2022" and "Top 5 Digital Lending Solutions Vendors in UK- 2022"Copyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorJeff RodriguezEditorial StaffAaron Pierce Ava Garcia Ashik JainJoshua ParkerVisualizerRonald Donovan*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@financialservicesreview.comeditor@financialservicesreview.commarketing@financialservicesreview.com JUNE - 08 - 2022, Vol 03-03Published by ValleyMedia, Inc. To subscribe to Financial Services ReviewVisit www.financialservicesreview.com Jeff RodriguezManaging Editoreditor@financialservicesreview.com
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