Bank statement analysis is important in obtaining and analysing financial data for finance and corporate management. According to Shopify, financial statements serve as an accounting form of assessing a business's health. Although having a single bank statement for a business...

In India, personal loans are often the linchpin that supports numerous aspirations, be it a dream wedding or a much-needed home renovation. Being unsecured in nature, these loans demand a coherent verification process. However, the traditional method of manual analysis...

The lending industry has grown immensely in the last few years. According to estimates, the global lending market grew from $ 7887 billion in 2022 to $ 8682 billion in 2023. By 2027, the global lending market size is projected...

The dynamic and evolving business landscape has compelled companies to leverage technology, such as financial analyzer software, to streamline operations and boost business deliverables.  With data analysis and software-as-a-service or SaaS taking centre stage in recent years, businesses that have...

The bank statement analysis process is crucial for individuals, businesses, and financial institutions alike, as it provides insight into financial transactions, cash flow, and other aspects of financial stability. In spite of offering innumerable benefits, automated bank statement analysis is...

The global digital lending market, which stood at $12.6 billion in 2022, is projected to reach $71.8 billion by 2032, growing at a CAGR of 19.4% from 2023 to 2032, as per Allied Market Research. Globally, the COVID-19 pandemic disrupted...

From food stall owners to rickshaw drivers, restaurants to airports, quick response codes or QR codes have become a staple in the Indian digital payments ecosystem. The entry of fintech startups, the COVID-19 pandemic, and the efforts to improve customer...

The banking habits of the public have undergone a drastic change in recent years, thanks to rapid technological advancements and increased access to banking services. From cash to 'plastic money,' monetary transactions have evolved to digital receipts and payments in...

Accounting is considered to be one of the oldest professions in the world. Every business needs the accounting function to thrive and be efficient, as it drives growth and optimisation. Currently, the accounting process faces several challenges as the amount...

In the digital era, precise financial record-keeping is crucial for customers and corporations. Learning how to scan bank statements can provide valuable insights into transactions, facilitating informed financial decisions. However, manual processes are often error-prone and time-consuming. Automating bulk scanning...