Lenders not fit for fintech, LMA survey finds

By Mariam Meskin
23 May 2019

Bankers have come under increasing pressure to integrate financial technology into their syndicated lending businesses. But they are ill equipped to deal with the work of integrating new systems, according to a survey conducted by the Loan Market Association (LMA).

A lack of knowledge on how to integrate financial technology into syndicated lending appears to be one of the biggest concerns facing loan bankers. 

88.5% of survey participants did not think they knew as much as they should about the fintech likely to affect their business. Loan bankers appeared particularly ...

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