1. Marketplace lending platforms connect borrowers with individual lenders, who come together to meet the former's loan requests. According to ResearchAndMarkets.com, the global marketplace lending market is poised to grow at a compound annual growth rate (CAGR) of over 19 percent and will surpass $44 billion by 2024. Unlike in traditional retail banking, marketplace platforms are not lenders themselves. They are brokers who provide a loan matching service by connecting prospective borrowers with lenders who provide the cash. Marketplace lending platforms claim they can challenge traditional banks by providing a better match of supply and demand of capital, and by operating with lower overhead - thus providing the service more cost efficiently than traditional financial institutions. Relating to the specialness of FIs, what could be the problems embedded in the business model of marketplace lending platforms? What should regulators do to those platforms to alleviate such problems?