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....
Adapting and Thriving in the Lending Market with Automated APIs
Fintech has brought a host of technological interventions into the finance world. If we look closely, Fintech has vastly expanded its horizons in the recent pasts. Digital lending, wealth management, API-driven finance decisions, secure and transparent transactions...
Benefits of Data Sharing in Credit Risk Modeling
Credit risk modeling is a major requirement for banks and businesses in the financial sector. With the emergence of technologies like artificial intelligence and machine learning in lending, the aftermath is mostly automated with reduced chances of defaults. Now,...
Potential Benefits of Automated Credit Decisions
We usually talk about how technology has changed the way we business and paved new ways to faster and inexpensive processes. However, still, a major chunk of businesses still relies on manual processes and reluctant to adopt automation. This scenario is still evident...