Credit appraisal is a crucial process which lenders use to make informed decisions while lending and stay away from defaults […]
A balance sheet is a vital financial statement that summarises a company’s assets, liabilities, and equity status as of the […]
Over the last decade, artificial intelligence (AI) has made a noteworthy impression across different industries, and finance is no exception. […]
The creditworthiness of a person determines their probability of obtaining a loan from a bank or other financial institution. Furthermore, […]
Digital transformation has influenced the rate at which business or personal loans can be disbursed. As of 2023, the value […]
The advent of credit bureaus in the 1960s was a turning point for the modern credit economy as credit scores […]
The terms underserved or unbanked refer to sections of a population with no access to banking services or financial institutions. […]
Bad loans have always been bad business for lenders, but financial institutions are increasingly tightening their purse with the pandemic […]
Artificial Intelligence and Machine Learning are becoming the forefront of financial services across domains. One of the reasons behind this […]
Plastic money or credit cards is not something new. It has been a popular way of purchasing goods and services […]