Loan management is a crucial part of the lending industry, and it involves tracking, servicing, and managing loans from application to closing. The global loan servicing software market is estimated to reach $ 4812.08 million by 2028, with a CAGR...

Digital transformation has influenced the rate at which business or personal loans can be disbursed.  As of 2023, the value of the digital lending market in India is estimated to be $ 350 billion, primarily driven by fintech startups and...

The advent of credit bureaus in the 1960s was a turning point for the modern credit economy as credit scores and credit reports were first introduced. While we have come a long since then. The arrival of the fintech wave,...

The rapidly evolving digital space has impacted the banking and finance sector and triggered a massive transformation. The emergence of innovative technologies like fintech solutions, APIs (Application Programming Interfaces), and new regulations are transforming how people use financial services. These...

In the banking industry, interest rate risk is an integral part of the business. As interest rates rise, the portfolio's value will decrease, and when interest rates fall, the portfolio's value will increase. The duration gap analysis measures how sensitive...

According to data released by the Reserve Bank of India (RBI), During the fortnight ending on February 10, India’s banking system credit showed a 16.1 % year-on-year (YoY) increase to a ticket-size INR 134.17 trillion. This is a significant increase...

  One of the biggest challenges consumers and providers of financial services face is the lack of a seamless, secure mechanism to access and transfer financial data.  For instance, when borrowers apply for business loans on lending apps, they need...

Today, India has over 2,000 fintech companies, which is expected to grow further in the next decade. The arrival of fintech is rapidly transforming the financial services sector in India. One of the critical areas where fintech companies have garnered...

Technology is developing at an unparalleled rate in the banking and financial sector, completely transforming conventional procedures and products. Fintech is rapidly innovating banking as we know it, from automating routine banking processes using Robotic Process Automation (RPA) to empowering...

With growing digitisation, the fillip online shopping received during the pandemic and popularity among the youth have encouraged the Point of Sale (POS) financing options. The most common form of POS financing is Buy Now, Pay Later (BNPL) It is...