Why ezbob Has Focused On Technology Over Lending
June 14, 2017
UK-based ezbob is now one of the leaders of the growing LaaS (lending as a service) market. It wasn’t always like that, as the company, which was started in 2011, operated as an online lender and completed over 10,000 loans to SME with over £130 million of credit extended from its own balance sheet. The company signed a deal with RBS/NatWest in Q3 of 2016Ezbob’s advantage is its technology. For the bank’s customers, his/her customer experience is about to get a whole lot better. Our technology makes banks’ customer journeys enjoyable. We are seeing Net Promoters Scores of our bank customers go through the roof. Collaboration Is The Way Forward For Banks And Fintech
April 7, 2017
Much has been said and written about the impending doom of banking, as customers begin to flock over to Fintech products and services. However, the claim that Fintech will kill banking is still an overstatement. Banking, as we know it, is changing because of Fintech, but it would take a major event of cataclysmic proportions to do away with banking institutions. That said, the disruption of the financial services industry is real. Until very recently, banks had an uninterrupted monopoly over banking, financial, commercial, loans and investments. Not anymore. Gone are the days when people are comfortable dealing with just a single entity for all their financial needs. People simply aren’t happy with how their banks treat them and have become increasingly receptive to new solutions.