The swift technological improvements have changed the global banking and finance industry entirely over the past decade. The customer demands in this sector are raising, newer competitors are coming in the market and the regulatory authorities are making the rules difficult to follow. Battling all this and still keeping the growth pace high is dependent largely upon the technical handshaking with the process and operations.
The platform lets you to offer unlimited functionalities to lenders and buyers willing to involve in P2P lending.
The world wide web has opened new vistas. Person to person/peer to peer lending (p2p lending) became the most recent in money acquisition and investment trends.
With changing times, and digital transformation, this too is been taken to a digital level where several platforms are available online to let people avail funds by connecting them with the people who might be interested in lending the amount. The process is completely digital and online. People offer an interest rate differing from 3% to 8% and offer quick disbursements within just a few hours. The collaterals as such needed are minimal which makes it more convenient for the borrower. However, the lender has a bigger risk!.
Banks need lots of guarantees before lending money, so do the primitive lenders. However, modern lending needs no guarantee and provides quick help. Looking at the popularity of P2P lending, banks and other financial institutions have also started talking to investors and lending through them.
technology
The upcoming 5G cellular network is expected to the great boon factor in different ways but at the same time, it is also expected that it may create certain “attack surface” for the hackers as well. Among the different features offered by 5G technology, one of the noteworthy factors is the “lightening-fast” internet speed. On the other hand, it is...
technology
The current year has already ushered in a tidal wave of this huge tech innovation; it might be the social robots, personal assistance, the proliferation of voice, etc. The technology has already started to step into innovation. Several core technologies highly dominated all the discussions and continue to be foundational or our collective digital transformation journey. Among the various gifts...
.png)
technology
Increasing complexity in the rising customer demands, the massive growth of the market competition with the digital disruption are found to be common now. All these takes part highly in the operation. In particular, the operation of supply chain management. Also, the current modern retailers are highly focusing on streamlining their supply chain enhancing logistics, inventory management, and transportation to fulfill...
