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6. In class we discussed potential synergies between lending and providing payments services. Regarding information...

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6. In class we discussed potential synergies between lending and providing payments services. Regarding information synergies, we said that a. detailed information about a firm's payments history can be very useful to a lender in assessing that firm's credit risk, but this is something that was impossible to do before the advent of smartphones and fintech. b. detailed information about a firm's payments history can be very useful to a lender in assessing that firm's credit risk, but no fintech lenders actually do this because their main focus is on convenience, not credit evaluation. c. detailed information about a firm's payments history is not used by traditional lenders like banks because few are both lenders and payments services providers. d. detailed information about a firm's payments history can be very useful to a lender in assessing that firm's credit risk, and there is evidence that both traditional lenders and some fintech lenders take advantage of this

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