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 […]
Lender’s Guide to FAQs About Fake Documents & Answers
Lenders often seek bank statements to verify prospective customers’ income, cash flow, or assets for loan disbursement. Unfortunately, PDF versions of bank statements can be tampered with or even entirely fabricated. For instance, a Google search on ‘make a fake statement’ will open up dozens of websites that create a wholly fabricated bank statement with […]
5 Tried and Tested Loan Recovery Techniques
One of the most challenging parts of the lending business is loan recovery techniques. Even though international norms have been put in place to help lending institutions recover their money, these techniques essentially do not work or take a painfully long time in practice. There is an existing culture of non-repayment, which results in liquidity […]
How Has Fintech Aided the Development of Open Fintech Ecosystems
Fintech arose in response to the global financial crisis and now holds a significant position in the financial services sector. The global Fintech business is expected to increase by 24.8 per cent to $309.98 billion in 2022, from $127.66 billion in 2018. They have indeed disrupted financial services and also contributed to the rise of […]
6 Ways Lenders Can Get the Best Results From Mobile Banking
Time has seen society and its institutions evolve. Arguably, one of the most important institutions that have witnessed revolution is lending and banking. From merchants who gave grain loans to farmers to 14th-century Italian oligarchs who created some of the first banks as we know it—the world of money and its transactions has changed. Decades […]