The global digital lending market is expected to grow exponentially in the coming years. The increasing demand for financial services and the rising adoption of digital solutions in traditional banking and lending services drive this growth. Data Bridge Market Research shows that the digital lending market is expected to reach USD 69937 million by 2029, […]
Changes in Supply Chain Financing Disclosures: Everything You Need To Know
Supply chain financing (SCF) is a funding solution that uses innovative technologies to help manage cash flows and address liquidity constraints insu international trade. The World Trade Organization (WTO) estimates that between 80% and 90% of global trade is backed by some kind of short-term trade finance. Global supply chains are yet to be fully […]
How Will RBI’s New Offline Payment Framework Impact Fintech Growth?
Many have encountered a frustrating situation where they could not make a UPI payment due to poor internet connectivity. It is the sole reason that leads to the disruption of digital financial services, resulting in issues like failed transactions, UPI apps stuck at the loading screen and waiting endlessly for the merchant details to show […]
What Cybersecurity Considerations Are Crucial for Open Banking in Financial Institutions?
The rapid pace of open banking adoption has the potential to revolutionise the financial sector in India. Driven by fintech solutions, it emerged an innovative way for consumers to share their banking data with third parties, driving innovation, convenience, and value. However, due to its reliance on information technology, cybersecurity risks are inherent in open […]
Banking On Co-Lending To Serve Credit Demand: A Scaling Strategy For NBFCs
Co-Lending Model (CLM) is still in its infancy in India. RBI devised this specific lending model to improve credit availability to the underserved and unserved categories of the economy. Generally, these segments are isolated from mainstream banking facilities due to their geographical or demographical characteristics. They include low and medium-income categories, Micro, Small, and Medium […]
What Is Debt Factoring and Is It Right for Your Businesses?
Every small business owner begins by planning for success. However, in business, as in life, unforeseen events can throw a wrench into even the best-laid plans. Unexpected expenses and slow-paying customers can cause cash flow to fall to dangerously low levels. While larger companies may be able to turn to more traditional solutions, such as […]