Fintechs have garnered attention in all industries including banking and capital markets, asset and wealth management, insurance, funds transfer and payments. The lending and payments sectors are expected to witness a high level of disruption with the emergence of online platforms that enable the entire lending or borrowing process, peer to peer personal loans and […]
Peer to Peer Lending: What Makes P2P Platforms Unique?
Low-interest rates, quick turnaround times, and minimal documentation – these considerations are high on the wish list of practically anyone looking for a loan. With the government pushing lenders to boost the flow of credit in the economy, the odds of getting a quick loan have improved significantly for most people. However, this is not […]
Is Biometrics the Key to Future Proof Customer Identity Management?
Biometrics is slowly becoming an integral part of our daily lives with the advent of fingerprint-sensitive smartphones and laptops and is spreading to other places we hardly considered before. The primary aim of biometrics is to identify an individual in a 100% accurate way that cannot be stolen or compromised. While fingerprint biometrics is widespread, […]
Why Is A Loan Management Software At The Core Of A Future-Enabled NBFC?
India’s Non-Banking Financial Companies or NBFC sector continues to be at the forefront of driving credit outreach for the country’s underserved low-income, retail, and MSME market. The total asset size of all NBFCs in India is more than $370 billion, and they provided close to 20 per cent of all credit in India till March […]
What Makes Finezza the Perfect Gold Loan Software?
India has the largest stock of privately held gold, estimated at 20,000 to 25,000 tonnes approximately. Typically, in an Indian household, gold is held idle in lockers and vaults and only used occasionally. It’s a drag on the economy wherein crores of rupees in savings is stashed away out of the financial system. However, thanks […]
Can Computer Analytics Make Borrower Profile Assessment Safer?
Lending is a big business in India, which both, directly and indirectly, touches upon all parts of the economy and people. Apart from the banking sector, several NBFC players contribute to a major percentage of the lending business. With millions of Indians holding loans worth crores of rupees, any technology that can make life easier […]