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-Identity verification may reduce cost of compliance by up to 70% for digital lenders

Nov 20, 2018 - ENP Newswire

A whitepaper released today by Mitek (NASDAQ: MITK), authored by Fintech research practice Autonomous NEXT found that the opportunity is ripe for digital lenders to grow - if they continue to invest in digitisation.

The whitepaper, entitled 'European Digital Lenders: How operating efficiency is helping digital lenders attack a $ 150 billion annual origination market across the Eurozone in 2018', looked into the state of the digital lending market in Europe. It found that while European dig...