It seems like everyone in lending is talking about digital change. By now, you’re convinced that it’s time your organization gets on board. But how do you justify the business case for it? Utilizing McKinsey’s framework, Blend has identified three key rationales for adopting technology: market competition, bottom-line pressures, and consumer experience. The industry is experiencing unprecedented competition in the form of digital disruptors, traditional banks digitizing, and non-financial tech companies. Margin compression is straining lenders of all kinds. And customers are more demanding than ever. These conditions are necessitating real change — learn more to convince your organization to act.
Three drivers supporting a business case for digital change
