The world of APIs- How they power Fintech?
APIs, or small lines of code as we laymen understand it, is a capsule that powers fintech. And fintech is a term that points to a company or tech powering financial services. Right from simple chatbots, payment processing platforms to crypto and blockchain industries,...
All You Need to Know About Virtual Cards
Today’s consumers use mobile apps and ecommerce sites for their shopping needs. Right from festive shopping to weekly grocery needs, online is the place to go. In fact, the first online marketplace evolved in the 1990s to buy and sell used goods. And now it has become...
Credit Risk Model for Unbanked: Last-Mile Lending Enablement
Around the world, there are billions of people without access to structured and formal lending services. This category also includes those micro, small, and medium enterprises that struggle to stay afloat without timely financing. Fintech has identified these segments...
Digital Lending — Open Credit Enablement Network
Lending is a complex world where loan origination to disbursal is a sea of procedures. It involves tremendous efforts, time, and logistical investments from the loan seeker. Right from KYC verification to document submission, loan application form & user-setup,...
Fintech 101 — Discover the 3W’s of Fintech
What if I told you Fintech dates back to half a century? And it’s not a buzz word conjured up in the present, but one of the most disruptive technologies of the last five decades. Ready to explore the unchartered waters of Fintech? Then let me take you through a...
The Rise of Digital Payments
UPI transactions clock 1.61 billion transactions worth Rs 2.98 trillion in August Digital payments up by 23% with transactions valuing at a record high of $113.4 Trillion Source- Business Standard India will provide approx. 2.2% of the world’s digital payment by 2023...