Pennant Technologies Releases Perspectives 2024 on Trends shaping the Lending Industry
An Insightful Thought Leadership Series written by Global Banking and Technology Leaders
Pennant Technologies, an agile and innovative financial technology company, has launched Perspectives 2024, a compendium of articles written by global bankers, industry and technology leaders, and practitioners. This collection of articles delves deep into the evolving landscape of the lending industry, highlighting key trends and transformative forces that are reshaping the sector.
The lending industry is undergoing a profound metamorphosis, driven by the convergence of data, artificial intelligence (AI), and FinTechs. Considering this transformation, Perspectives 2024 provides a comprehensive overview of the revolutionary role of data and AI, as well as the pressing need of data standardization, to facilitate a seamless digital lending experience. At the same time, it is crucial to approach these technology advancements with a balanced perspective, ensuring ethical considerations, and industry-wide collaboration to build a sustainable future for lending.
For banks and financial institutions, embracing these trends presents a multitude of opportunities to augment their lending operations, enhance customer experiences, and drive lifetime customer value. Moreover, there is a concerted effort to promote financial inclusion, ensuring that underserved populations have access to vital financial services.
In a way, Pennant’s Perspectives 2024 provides banking and financial services industry stakeholders a better understanding of the various forces shaping the lending industry, helps facilitate informed decision-making and empowers them to navigate the evolving terrain and capitalise on the emerging opportunities.
For more information on Pennant’s highly composable, end-to-end Lending lifecycle Platform - pennApps Lending Factory - visit: http://www.pennanttech.com/lending-factory/
About Pennant Technologies
Pennant Technologies is an agile, innovative financial technology company that powers the lending operations of global banks and financial institutions. Its suite of future ready lending products and solutions offer banks composable features and scalable capabilities to deliver differentiated loan origination, servicing and collections experiences for their customers. Trusted by leading banks and financial institutions in Asia, Pennant’s award-winning lending platform has managed more than 14 Million loans and facilitates 100 Million loan transactions per year.
To know more, visit: http://www.pennanttech.com/
