[Editor’s note: This is a white paper from eOriginal. eOriginal is a Silver Sponsor at LendIt USA 2016, which will take place on April 11-12, 2016, in San Francisco. At LendIt, eOriginal will be participating on a panel about cybersecurity and fraud.]
Born into a digital world, having digital processes and efficiencies built into its DNA, marketplace lenders already use digital assets (e.g., contracts, closing documents) to capture the loan and transfer ownership of the asset to the appropriate banks and investors. The market for these loans is growing rapidly due to little to no fraud activity, default levels lower than industry standards, and few enforcement issues. As complexity and risk rise within the industry, the need for ironclad digital contract management practices that provide unique authoritative copies of the assets and certainty will be a necessity. Smart marketplace lenders are getting ahead of the curve by adopting more robust digital asset management processes and systems, especially as post-signature lifecycle management becomes more prevalent.
Download the full white paper: Building Future Certainty in Asset Management for Marketplace Lenders
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