Indian economy and the financial sector is suffering from the impact of the deadly coronavirus pandemic as there is a nationwide lockdown in place to contain its spread. In the financial markets, investors seem to have lost all their confidence and started pulling out their money. While the stock markets crashed across the world, central […]
Will the Coronavirus Pandemic Kill Cash For Good?
The Covid-19 pandemic has infected millions of people globally, bringing down economies to a standstill, and is still spreading its fangs far and wide. Despite adequate measures, governments have failed to contain its spread. Both international and local health authorities recommended measures like social distancing and self-quarantines to help provide the spread of this deadly […]
How Finezza’s Automation Technology Helps In Credit Card Evaluation
Credit cards are an essential component of the lending landscape that bless borrowers with incredible financial convenience. It helps them navigate through occasional short terms of financial distress. The criteria for lending decisions vary from lender to lender. Credit analysts often grapple with factors like multiple credit scores, absence of credit history, frequency of bill […]
The Future of Indian Financial Services in the Wake of Corona Pandemic
While even the strongest economies from across the globe are struggling to cope with the COVID-19-induced unprecedented demand shock, the complete shutdown of all vital economic activities has paralysed the growth of the nations. India is amidst its biggest lockdown till date, and the national economy has come to a dead halt due to the […]
FaaS: The Emerging Global Trend of Fintech-as-a-Service
All businesses aim to embrace the use of modern software technology to ease their core functions and enhance profitability. This includes lending businesses like banks, NBFCs, and MFIs. Fintechs are companies that are an amalgam of technology and financial functions to offer streamlined financial products/services that were previously available only through heavily-regulated, traditional financial institutions. […]
Are Banks the Next Big Data Giants?
Banks, as we see today, are fast leveraging the latest technology to be the best in the financial services market. Traditional banks often deal with too much data and find it difficult to declutter, structure, and analyze the vast database from their legacy systems. They increasingly feel the need to leverage data as efficiently and […]