India’s digital lending market has grown considerably in recent years. Many fin-tech providers are offering easy loans to customers without collateral. While these loans are helpful for some customers who may be unable to get approved loans by a bank, the unregulated nature of this sphere proposed quite a few problems. Violations of customer data […]
7 Reasons Why Your Working Capital Lending Operation Needs to Be Updated
Technological advancements have changed lending significantly – banks are integrating fintech and modern loan origination software in their legacy systems. And automation has enabled small players to compete with banks by offering loans at competitive rates. However, since technology keeps changing, you’ll need to update your working capital lending operation to stay relevant. While automation […]
Credit Cards’ Uncertain Future: Will Virtual Cards Dominate?
It’s no secret that credit cards have faced a fair share of problems in the past few years. The global recession caused many people to tighten their belts, and credit card companies were some of the first to feel the pinch. Fees increased, interest rates rose, and many people found themselves struggling to keep up […]
Can Supply Chain Financing Resolve Capital Issues for MSMEs?
Small businesses are the foundation of the Indian economy. The micro, small & medium enterprises (MSMEs) sector contributes to about 30 percent of India’s GDP. But despite being the largest employing faction of the country, they suffer from a lack of financial and regulatory security. Businesses thrive when they have enough funding and a stable […]
Decoding Buy Now Pay Later in B2B for Lending Business
The BNPL industry is having its time in the sun. The payment method completely overturned the business consumer market in the last 15 years. This short-term financing option allows consumers to make purchases and pay for them later, usually in instalments over a fixed period. This gives them the flexibility they need to get things […]
The Impact of Buy Now, Pay Later on B2B Finance
Buy Now, Pay Later (BNPL) FinTech companies are on their way to transforming how consumers shop for products. While BNPL is not an entirely new concept, it is the latest and most advanced version. Traditionally, shoppers could use EMIs and other credit forms such as credit cards. However, BNPL has made the entire process much […]