A bank statement is one of the most reliable sources for a lender, a bank, an NBFC, or any other financial institution to see all of a borrower’s transactions. Hence, there is a critical need for an application that can automate this procedure and create reports/scores in order to assess a loan borrower’s creditworthiness. Bank […]
Financial transactions have become more digitised than ever, including the entire lending process – starting from the initial loan application to the final disbursement and even stages after that. But what is the most radical change is the integration of AI-based solutions in the process. As a result, AI has not only made lending more […]
