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 […]
The Impact of Fintech on Today’s E-commerce Sector
The year 1991 introduced the World Wide Web to the world. Fast forward to 1994; Pizza hut was the first significant business to offer online purchasing to its customers officially. Pizza Hut’s move was regarded as an essential milestone in the history of the internet and is often considered the start of ecommerce. The idea […]
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. […]
Why Lenders Shouldn’t Shy Away from MSME Digital Lending
Micro, Small, and Medium Enterprises sector is the backbone for developing nations like India. In fact, Indian MSMEs are currently working to strengthen their presence across sectors while simultaneously expanding their footprint globally. The consistent progress of the MSME sector is closely related to India’s pursuit of becoming a global economic power. However, progress and […]