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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. More customers are finding cash-based disbursements either too complicated or time-consuming, especially from the millennial and Generation Z demographics.

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Real-Time Payments Have Numerous Real-World Applications

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workforce in Q4 2018, a number that’s expected to tip over to a majority share by 2027. And past studies have shown that many (85 percent) gig workers say they would do more work if they were compensated faster. According to the Gig Economy Index , freelancers comprised 32.6 percent of the U.S.

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