THE RISE AND RISKS OF LENDING TO NON-DEPOSITORY FINANCIAL INSTITUTIONS

| October 16, 2017

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In 2016, private equity investments in financial technology (fintech) firms exceeded $10 billion across more than 500 companies. As of late 2016, nonbank mortgage lenders accounted for more than half of mortgage loans, and six of the top 10 mortgage lenders were nonbanks. In the wealth management sector, digital and automated robo-advising is growing each year and threatening traditional business models.

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Alfa Insurance

With more than 1 million policies in force, Alfa Insurance® stands as a pillar of unwavering strength and unparalleled service to our policyholders. Founded in 1946 by what is now known as the Alabama Farmers Federation, Alfa has earned a reputation as one of the nation's most stable, reliable and affordable providers of insurance.

OTHER ARTICLES

2020: Drive by regulators to adopt tech poses challenges for the firms they police

Article | February 25, 2020

The overhaul of the financial services industry in the post Great Financial Crisis (GFC) era has created a swathe of new rules and regulations for the regulators to monitor, and financial firms to adhere to. While such changes have presented firms with significant challenges, transforming how they operate and behave on a day-to-day basis, it has coincided with another notable overhaul in the tech arena.

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Will fintech change everyday lives in Africa and Asia?

Article | March 19, 2020

The modern world is constantly changing, offering more to societies across the globe than before. The recent technological development has proven to be unprecedented and revolutionary, changing the lives of millions in different corners of the world. The financial industry is one of the most affected sectors that is experiencing a major transformation due to a number of different factors. As a result, we now witness a diverse range of services in forms never seen before.

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5 Ways AI can Transform Fintech Industry

Article | February 25, 2020

Fintech is one of the fastest-growing industries, owing to the rising penetration of internet users. There is a paradigm shift to mobile devices for performing financial transactions and related actions. Behind the booming fintech market, there are several technologies that are contributing to making the system fast, secure, and scalable. One such technology is Artificial Intelligence (AI). The AI in the fintech market is estimated to reach USD 35.40 billion by 2025 ( Mordor Intelligence).

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Are challenger banks transforming the lending market or just providing digital makeup?

Article | March 4, 2020

The short answer is yes…. sometimes to both. However, there is a huge change underway and enough evidence to suggest that customer and competitive pressure alone will drive more change, even without further regulatory updates. Globally, and in the UK, margins in the lending market are feeling the pressure. Slow credit growth (currently at 2.5% in the UK), and low interest rates are the primary drivers. This has fueled competition, especially for lending products with higher margins, such as mortgages.

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Spotlight

Alfa Insurance

With more than 1 million policies in force, Alfa Insurance® stands as a pillar of unwavering strength and unparalleled service to our policyholders. Founded in 1946 by what is now known as the Alabama Farmers Federation, Alfa has earned a reputation as one of the nation's most stable, reliable and affordable providers of insurance.

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