An online loan in five minutes? This startup says it's possible

Dan O'Malley, who until very recently ran the fintech incubator at Eastern Bank (and before that was at Capital One), now has a startup called Numerated Growth Technologies and software that he says can process loans in five minutes. O'Malley explains how it all works in this podcast.

See also:

• Eastern Bank spinoff to give banks fintech capabilities in small-business lending
• How this bank keeps small-business clients away from online lenders
• The Case for Bringing Innovation Inside a Bank