Introduction Loan origination is like a crazy rollercoaster ride for financial institutions, with twists and turns from application processing to loan disbursal. To make sure they don’t lose their lunch, financial institutions use loan origination systems that streamline the process,...
Overview In a world that is rapidly moving towards digital transformation, the financial industry is no exception. The traditional paper-based loan origination process is being replaced by an automated and streamlined software solution. Loan origination software is becoming increasingly popular...
Overview One of the hottest trends in India and worldwide is Buy Now Pay Later (BNPL), which has garnered lots of attention. Additionally, it is quickly evolving by encompassing the majority of banks, NBFCs and Fintechs in the lending industry....
Loan Origination is when a borrower applies for a loan, and a lender, after processing, lends the loan amount to the borrower. The borrower can be an individual, a business, or a corporation, with the lenders being the banks, NBFCs,...
Overview The lending world has evolved significantly in the past few years. Recently, we keep hearing buzzwords in the financial industry, such as Buy Now Pay Later, Co-Lending, etc. And to speak, co-lending has created a spark or stir (however...
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Nowadays, financial lending organisations are finding ways to integrate their customers quickly and securely to provide them with all their products and services through Digital Onboarding. People are cautious about taking a loan online. But, both lenders and their consumers...