Experts from top banks and fintech, to tech giants and consultancies, share their thoughts in Trade Ledger's annual Business Finance Predictions 2022 report.
To find out how the business banking industry will move forward this year, Trade Ledger spoke to 15 business lending experts from Accenture, Allica Bank, Microsoft, Sage, Aprila Bank and many more. Read the report to discover what's in store for 2022.
Five trends emerged from the discussions with the industry experts:
- Staying relevant through digital transformation and tech partnerships
- Customer-first lending journeys
- Better, more cost-effective credit decisions
- Forward-looking business models
- Building a sustainable future
"Banks and alternative lenders will need to adjust their business models for a world where the last few years of data can’t be relied on"
Conrad Ford, Chief Product and Strategy Officer, Allica Bank
"Technology may not be visible to customers, but its benefits are. The world is digital-first and therefore our solutions must be cloud-native, API-first, built for robustness and scale"
Leda Glyptis, Chief Client Officer, 10x Banking
"No business owner ever woke up in the morning and said that they’re excited about applying for a forfaiting product”
Martin McCann, Co-founder and Chief Executive Officer, Trade Ledger
Download the report here.