Why Apple Bank Partnered with a Fintech to Tap into the Personal Loans Opportunity

As a $16 billion dollar institution, Apple Bank competes with some of the largest institutions in the world to win borrowers at a fraction of their competitors’ technology budgets. The bank has successfully been able to expand access to credit in New York and its surrounding communities and offer unsecured personal loans to borrowers with nontraditional credit profiles. Gordon Levy, SVP of Consumer Banking Risk and Analytics joins us to discuss how Apple Bank is pivoting to meet the challenges and opportunities of an evolving consumer landscape, including lessons learned from the bank’s digital transformation and fintech partnership in consumer lending.