The Digital Disruption in Banking – A New Report from Accenture


Just a quick one today. I am in New York this week to do some site visits and planning for LendIt 2015. Tonight, I attended the monthly Marketplace Lending Meetup held at the Pave offices that featured a speech and Q&A with Ron Suber, the president of Prosper.

It was another excellent speech with Suber once again emphasizing the important of EAU in marketplace lending – Education, Awareness and Understanding. During the Q&A Suber mentioned this report by Accenture that was released today. It highlights the very different attitude that young people have toward banking and while not mentioning p2p or marketplace lending directly, the point is made that banks will need to adapt to serve this new generation. There is also a press release that accompanied this new report.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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