Gold loans have been one of the oldest forms of secured lending in India for centuries. Being a highly liquid asset, gold is the preferred collateral for many lending companies. Several financial institutions, including banks and NBFCs, have gold loans as an integral part of their business lending strategy. Challenges Faced By Lending Institutions in […]
The Current Scenario of Banking as a Service (BaaS) in India
While the COVID-19 pandemic has dramatically impacted the traditional banking system, it also has helped digital banking to gain rapid acceptance. Meanwhile, Indian Fintechs are flourishings and touching almost every banking value proposition. With the government’s push towards digital initiatives, there’s no doubt that we will be witnessing more digital financial products in the future. […]
Top 4 Credit Bureaus in India that Every Lender Trusts
We often talk a lot about credit bureaus and know that they are responsible for generating our credit scores. The credit information provided by these bureaus is used by various providers and businesses who want to assess the financial health and background of an individual. Let’s take a closer look at the prime functions of […]
Digital Banking From the 2030 Perspective
The banking industry of 2030 will look completely different from what it is today. The inevitable and ongoing hype around Fintechs and Big-tech firms in banking and other financial services have been in the news for quite some time now. Even though the future seems uncertain, there’s no doubt that the 2030 landscape will be […]
Top 7 Valuable Business Lessons to Learn From Fintech Startups
Fintech has become an umbrella term that covers a host of companies using an amalgamation of software and technology for providing financial services. It has garnered attention in all industries including banking, insurance, wealth management, etc. Fintech solutions have changed the world in a way wherein now many businesses are trying to take valuable business […]
Fraud Detection and Prevention in the Fintech Space
The Fintech industry is leading the digital transformation among all the industries. Gone are the days when customers visited physical branches of banks or NBFCs for every operational and transaction need. Today, almost all banks and NBFCs provide online services through multi-channels like web, mobile, tab, pos machines, ATMs, smartwatches, smart voice assistants, etc. However, […]