Technology Combating Financial Frauds
Frauds have long been a major concern for the finance industry. Traditional processes and models have become prone to numerous risks such as identity thefts, phishing, money laundering, and cyber crimes, etc. Now when the industry is witnessing massive growth, the...
Modern-Day Technologies Reshaping Loan Origination Process
Leveraging modern technologies and made our day-to-day life easy and frictionless. Our banking too has become effortless, right from opening an account to making money transfers through mobile. Today, a high volume of banking activities can be achieved with greater...
What Role Can Machine Learning Play in Reshaping Lending?
The banking and finance industry has continued to grow, and its lending practices are evolving rapidly. In the past, banking was limited to branches that follow manual processes to approve and grant loans. It was a long and tiring process to obtain a loan. However,...
5 Major Factors Driving Fintech Growth
According to the report issued by KPMG, “In the first six months of 2018, global investment in fintech has hit $57.9B.” Fintech has emerged as a powerful sector driven by the adoption of cutting-edge technologies and alternative finance. Most of us will agree, fintech...