PSD2 opening doors to B2B lending opportunities?
We have talked about PSD2 in our previous blogs and looking forward to the full implementation of the directive in the European region. With the March 14th PSD2 deadline, banks had to oblige the TPPs (third-party providers) to access their customers’ accounts via open APIs (application program interface).
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What is Invoice Financing? A Quick Guide
Low-interest rates and higher returns have become new norms of the lending industry. That’s why borrowers around the world have turned towards alternative sources of finance in search of faster credit solutions. Consequently, banks have become less preferable for...
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How Banks and Lending Platforms Can Capitalize on Open Banking
Open banking can be defined as a collaborative model in which banks share access to their data through APIs to offer enhanced financial services to the end customer. The financial data is shared with third-parties and other financial institutions to build more...
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How Automation Can Accelerate Loan Origination Process
This is no news that automation has reshaped a host of services across various industries. In the current lending market, banks and financial institutions are continually adopting automation to enhance efficiency, productivity, speed, and overall customer experience....
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Online Lending Marketplaces: Advantages to Lenders and Borrowers
Growing adoption of technologies with the increasing use of digital-based services has significantly driven the online lending market. The introduction of digital platforms for lending has greatly helped lenders and borrowers by offering a superior lending experience....
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Digital Lending: Changing the Game for SMEs
The lending industry has been witnessing constant developments with technology enabling finance providers to tap into emerging markets, customer data, and lower-cost lending channels. With data analytics and technology-driven approaches, digital lending is offering...
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Growing Impact of AI in Fintech
Just as many other technological advancements, AI or artificial intelligence came into existence and evolved a multitude of industries. The technology has now become an integral part of the most demanding and progressive sectors. Forward-thinking businesses and...
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P2P Lending: Rising in the Global Financial System
The global financial crisis and its aftermath has severely affected the banking sector with the credit crisis and stringent laws against consumer lending. The entire lending sector dried up and became inflexible even for those with a good credit history. At that time,...
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The Rapidly Changing Digital Lending Landscape
Over the past few years, numerous giants like Amazon and Tencent have stepped into the lending market, infusing billions of dollars. Such a huge amount of money in the market has boosted the speed of innovation and made technology more accessible. Digital lending is...
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PSD2: An Opportunity for Banks to Bring Profitable Solutions
Over the past several years, the dynamics of the financial market have changed dramatically. With the introduction and implementation of PSD2 or Revised Payment Service Directive, the market is gaining higher momentum in terms of changing technology and evolving...
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