In June 2024, the Punjab & Bank signed an MOU with the Indian Army to facilitate salary accounts. HDFC Bank […]
Recently, cybercrime authorities froze approximately 450,000 suspected mule bank accounts. The State Bank of India reported nearly 40,000 detected cases, […]
With the advancement of online banking and globalisation, lenders are exposed to money laundering and financial fraud more than ever. […]
Over the last five years, the fintech industry in India has grown by leaps and bounds. As of September 2024, […]
Credit score service companies are becoming a vital component of risk management as we see a decrease in the Gross […]
At the forefront of the significant transformation in lending operations is the automated decisioning stage in loan processing—a technological leap […]
At present, the ease of the application and loan disbursal process has nudged more Micro Small, and Medium Enterprises (MSME) […]
Micro, small, and medium enterprises (MSMEs) account for around 30% of the economy, making them one of the most important […]
Automation has positively impacted industries and has significantly contributed to the growth in the financial services domain. Lenders benefit from […]
One of the top risks in lending is the inability of borrowers to repay loans on time and in full. […]