Banks Tighten Lending Standards; Fintech Startups Challenge Traditional Lenders
Banks Tighten Lending Standards as Fintech Startups Challenge Lenders Banks tighten lending standards across global markets as economic uncertainty, stricter regulations, and rising interest rates reshape the financial sector. At the same time, fintech startups are leveraging technology to compete directly with commercial and investment banks, offering faster, more flexible lending solutions. This shift is…