Appropriate authentication of loan documents is crucial not only to the business but also for building trust in the lending relationship. However, overwhelmed by the heap of documents, one often ends up missing out on an important piece of paper. The consequence? Varies from wasted time and effort to a dire loss. The Problem Manual, […]
What Is the Difference Between Finserv and FinTech?
If you’re learning about a new industry, you need to familiarise yourself with the jargon of that industry. The jargon is not meant to confuse you but to help you communicate concepts as clearly and quickly as possible. Common terminologies have also transformed with the marriage of finance with ever-evolving technology. Two often used terms […]
10 Reasons Why OCEN is India’s Future of Financial Transactions
OCEN sparked much interest in the financial world after the global economy was put on a ventilator during the pandemic. It was first introduced as a part of IndiaStack by Infosys CEO Nandan Nilekani in 2020 and is still a hot topic today. Simply defined, OCEN (open credit enabled network) is an application that intends […]
How does FaaS Help with Fraud and Chargeback Prevention?
The Indian Fintech market is currently the world’s third-largest Fintech ecosystem, behind only the United States and China. India has 6,636 Fintech startups, making it one of the fastest-growing Fintech markets. The Indian Fintech business was worth $31 billion (INR 3100 crore) in 2021 and is expected to be $150 billion (INR 15000 crore) by […]
Security-Based Lending: Cash Flow Management 101
Securities-based lending is a strategic approach to availing cash flow at slashed costs. The ultimate catch to this approach is that you remain invested with your securities, retaining the ownership right and yet leverage it to fulfil your cash flow needs. Among surmounting benefits that securities-based lending offers, instant access to capital, cut-off interest rates, […]
Trends Influencing the Future of Indian Fintech in 2022 and Beyond
Fintech is at a fascinating stage as it has reshaped how we view finances. What’s impressive is that fintech companies’ innovation has compelled the government to change its reforms. This is a disruption in action. The finance industry is no longer restricted to financial solutions; it has rather evolved with technology-backed solutions that make financial […]