Lending rates in Europe witnesses all time low, a new paradigm trend begins
As a customer, many of us have gone to the bank to avail a loan for education, home, business, etc. purpose. Each time we as customers have availed a loan we have had to pay interest on the sum taken as loan. Did you ever think that a bank might pay you to avail the...
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Open Banking implementation in the lending industry
Open Banking has started to revolutionize the fintech and banking industry across the European Region. This new form of banking under PSD2 has changed the banking industry to be more customer centric and has offered the potential to get a grasp on a customer’s...
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P2P landscape statistics in 2018
2018 has been a revolutionary year for the Fintech industry. The overall investment and lending business turnover surpassed than those of 2017’s total turnover even before 2018 ended.
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Digital transformation of end-to-end lending journey
Across the world, lending industry in the last few years have gained momentum. Interest of FinTechs in the lending industry was responsible for stirring the momentum which was later on joined by traditional lenders. The result of stirring was change in consumer...
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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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