Featured in Mortgage Finance Gazette – Our own Garry Larner speaks on ‘The Online Financial Services Revolution’ and looks at digital credentials of mortgage lenders.
The Online Financial Services Revolution
We all know that digital technology has re-written the way we interact with financial services providers in recent years. Indeed, the global fintech market was worth $127.66 bn in 2018 and is expected to rapidly grow.
Banking is arguably the financial services sector that is leading the way when it comes to digital interaction with customers. Wall Street giant, JP Morgan, has announced it is to launch a new digital bank in the UK, operating under its consumer brand, Chase. It will be the second major US lender to enter the UK retail banking market, since Goldman Sachs started offering Marcus-branded digital savings accounts in 2018, and joins the British digital upstarts including Monzo, Starling and Revolut, which are also disrupting the market away from the six largest lenders.
Read the full story over at Mortgage Finance Gazette