Mobile banking apps have grown to new heights as more and more customers are embracing mobile technology. Mobile transactions are at an all-time high in recent times. According to reports, the global growth of finance apps is on the cusp of massive expansion as neobanks and super apps gain traction due to the surge of […]
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 […]
10 Must-Have Integrations for a Loan Management Software
A lending management solution is a must for all financial institutions to provide a seamless borrower experience and streamline the end-to-end process of the lending cycle. From origination, underwriting, assessing creditworthiness to loan servicing and repayment, a single open-architecture solution can make lending a painless process. Whether you want to provide loans to commercial entities […]
How Cloud Technology Can Future-proof Digital Payments
The days when digital payments were used only for online shopping are gone. In the last few years, there has been a steady increase in digital payments even in brick and mortar shops and pavement shops. Digital payment is becoming a new norm even for common money transfers between two parties. With the restrictions in […]
Best Practices for Delinquency Management in a Post-COVID World
What does the post-COVID world look like? Well, no one really knows but the world is slowly inching toward it for sure. In the course of a year, the COVID-19 pandemic has affected people in every sector, however, the most damage was perhaps felt by the financial sectors, including non-banking financial institutions (NBFIs), banks, fintech, […]
5 Ways Digitisation Can Help Banks and Lenders Ensure Customer Data Safety
Before the advent of computers and technology, lenders and banks stored customer and transaction data in physical ledgers and registers. The physical ledgers, along with other confidential documents related to customers, were stored in safe vaults and lockers, which were guarded by armed physical security forces. Since the advent of computers and subsequently, the internet, […]