One of the most overburdened resources within a FinTech is the development team, and as such, lenders need options beyond building it themselves. Establishing a decisioning partnership allows lenders to free up IT and development resources to focus on the customer UI, which is the most important aspect of their business and is key to staying ahead of the large Banks/FIs that have been steadily moving back into the space. For banks looking to reenter consumer lending, a strong need is to automate portions of their onboarding process in order to compete.
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