In the last few years, the lending software industry has witnessed a surge in the number of startups aiming to bolster the credit ecosystem in India. This spurt mirrors a global trend, with international lending platforms seeking to capture increased market share. Also, we have to note that the global digital market, estimated to be […]
10 Compelling Reasons to Embrace Data Analytics in Bill Discounting for Lending
The smooth functioning of a business depends on many aspects, one of them being the availability of adequate liquidity at all times. Bill discounting is a short-term financing option that helps entrepreneurs access quick cash and maintain healthy liquidity to fund growth and cover the regular expenses of their startups and businesses. In the current […]
Neobanking for SMEs: New Opportunities
Have you been following the financial industry and its current trends? Then chances are that you might have come across the word “Neobank”. Although neobanks are quite popular in the US and European countries, it’s a fairly new entrant in India’s financial landscape. These banks exist only in cyberspace and have no brick and mortar […]
Best Practices for Delinquency Management in a Post-COVID World
What does the post-COVID world look like? Well, no one really knows but the world is slowly inching toward it for sure. In the course of a year, the COVID-19 pandemic has affected people in every sector, however, the most damage was perhaps felt by the financial sectors, including non-banking financial institutions (NBFIs), banks, fintech, […]
Finezza – The New Technology Partner of CredALL
Credit Democratisation Alliance or “CredAll” is a collective of varied ecosystem players, all of whom share the common dream – to democratise access to formal and affordable credit for small businesses and individuals. Large swathes of individuals and small businesses have been deprived of formal credit due to various reasons like living in rural areas, […]
How Your Digital Footprint Will Affect Your CIBIL Score
The lending and financial landscape are evolving thick and fast all over the globe. The rate has almost been exponential last year due to the pandemic-borne realignments. For a lending institution to have a tech-savvy mobile app and a digital lending strategy is no longer “good to have” but has become a “must-have”. The potential […]