Category: Financial Services

March 1, 2018

Can Digital Lending avoid the making of any future Nirav Modis?

All about the fraud On February 14, 2018, another massive fraud took the Indian banking industry by storm when Punjab National Bank, the second-biggest state-run lender announced that it had discovered fraudulent transactions worth 11,400 crore rupees ($1.77 billion) at a single branch in Mumbai. The alleged[...]

February 15, 2018

The Growing Impact of Alternative Lending on the Healthcare Sector

Providing healthcare to the poor is a Herculean task; one that consumes a large portion of a government's scarce resources, and one that businesses perceive to be commercially unviable. The challenge governments face in financing healthcare lies in their ability to create accessible and affordable[...]

February 1, 2018

How Social Lending is Improving Indian Lives

As a generation that collaborates, shares, and reinvents on a daily basis, peer-to-peer (P2P) lending helps weave in infinite and largely untapped resources. With the proliferation of new information technologies, peer-to-peer (P2P) lending is a method of borrowing or lending that is gaining momentum and[...]

January 18, 2018

Rise of Business Loans for Online Merchant Retailers

Since the early 1990’s Online shopping or e-commerce has evolved across the spectrum - from B2B and B2C commerce (Amazon.com) to furniture, grocery retailers (Bigbasket.com), to music (iTunes) and online auction platforms(eBay). The growing e-commerce platforms have pushed modern businesses into a race to ensure[...]

January 4, 2018

2018 will be the year of digital lending. Are you ready?

Making your product digital is not enough at this time of technological advancements, especially in the lending industry. A digital borrower is savvy than ever before with never-ending expectations. While Interest rates and loan closing costs still play a big role when it comes to[...]

December 21, 2017

How Fintech Platforms are enabling growth of SMEs

An untapped market: Peter runs a ‘Mom and Pop’ store in a small town in Texas, which caters to town’s day to day needs.  Last December, he had an opportunity to grow his business on the occasion of Christmas festive season; he needed access to[...]