This great slideshow tells you everything you need to know about online lending right now by Matt Turner on Jan 17, 2016, 3:33 PM  It is fair to say there is a lot of hype out there about the potential for financial technology.
It is already one of Wall Street's buzzwords, and there are some who think it could have game-changing ramifications for the banking industry. Antony Jenkins, the former CEO of Barclays, in November laid out the potential for an Uber-style disruption, which could shrink industry headcount at traditional banks by as much as 50% Autonomous Research, a financial specialist research house, has been taking a closer look at the industry. According to their research, Wall Street isn't really that worried about the potential for an 'Uber moment.' The firm this week published a slide-deck on the potential market for digital lending, which they've kindly allowed Business Insider to rerun. They estimate that there is a $2 trillion opportunity for digital lenders, and that digital lenders could reach $100 billion in loan origination volumes by 2020. But they also believe digital lenders are more like banks than many think, and that there will likely be consolidation before long. Here is the presentation in full: 
See the rest of the story at Business Insider
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