Bank Statement Analysis Archives

Category: Bank Statement Analysis

03/12/2024

4 Reasons Why Lenders Rely on Fintech Solutions for Bank Statement Analysis

India’s digital lending market has grown from strength to strength. In the financial year 2023-24, the sector experienced a remarkable […]

30/11/2024

Paper vs. Digital Bank Statements for Loan Approval: What Lenders Need to Know

Evaluating an applicant’s creditworthiness is essential in the loan approval process. Analysing bank statements for loan approval offers lenders a […]

26/11/2024

How Bank Statement Analysis Software is Expanding Access to Credit

The demand for credit among diverse audiences in India continues to rise. This has created opportunities for lenders to scale […]

16/11/2024

How Digital Transaction Analysis is Transforming Fraud Investigation Workflows

India’s digital transactions skyrocketed from 2,071 crore in FY 2017-18 to 18,737 crore in FY 2023-24, with a stunning CAGR […]

30/10/2024

Unlock Hidden Insights: Advanced Financial Statement Analysis Tools for Modern Lenders

Traditional financial statement analysis methods are increasingly becoming obsolete. They primarily rely on basic tools such as the Profit and […]

26/10/2024

8 Important Metrics Bank Statement Analysers Evaluate and Track

Indian banks have written off a whopping $9.9 trillion worth of loans in the last five years, out of which […]

22/10/2024

AI Loan Assessors: How Bank Statement Software is Transforming Lending?

Imagine applying for a loan and receiving approval within minutes—all thanks to cutting-edge AI tools. No more waiting for days […]

18/10/2024

Why Integrate Financial Statement Analysis Software into Your Lending Process?

Are you tired of spending hours poring over financial statements only to miss critical insights? Many lenders often face the […]

14/10/2024

How Precisa’s Bank Statement Analyser Tool Benefits Loan Approvals

India’s digital lending market is on the brink of a revolution, with projections indicating a surge from 1.8% of retail […]

04/10/2024

Credit Report Analysis: Trends Shaping the Future of Risk Assessment in Lending

Analysing a potential borrower’s creditworthiness comes with multiple challenges. For instance, lenders struggle with limited access to a borrower’s financial […]

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