LendFoundry Blog: Lending: Page 2

Why Should You Use A Cloud-Based Loan Origination and Loan Management Platform?

Automation and cloud computing have brought in a whirlwind of change globally and the financial services industry is no exception. As such, traditional banks and lenders all over the world are now looking to adopt and implement these disruptive[...]

  • February 11, 2021

How to Choose the Right Lending Automation Software for your Business

Manual paperwork and off-line loan origination are fast becoming outdated. Loan Management on non-connected databases also hinder execution speed and expansion capability for businesses. During the worldwide COVID-19 situation, the world swiftly moved towards a more digitized and paperless[...]

  • February 5, 2021

What is Alternative Credit Scoring & Why is it So Popular?

In the finance and banking industry, lenders prefer thick credit files. The thicker the files, with more historical data about the applicants' borrowing history, better are their chances of getting their loan sanctioned, and if they have a good[...]

  • July 9, 2020

FinTech + SME Automation Solutions

When Fintech first started providing automation solutions to SMEs and MSMEs, they started with the basic processes, i.e., documentation of all transactions and financial bookkeeping. Both these processes had always been manual and were prone to errors. Fintech not[...]

  • April 2, 2020

US FinTech Market Growth, Trends and Forecast

The US fintech market is growing at an incredible pace. Research reports state that the industry is seeing an 8.6% cumulative average growth rate (CAGR) which is going to continue at the same rate until the year 2024. The[...]

  • March 12, 2020

The Impact of Fintech on eCommerce

eCommerce became a possibility back in 1991 when the internet started gaining traction. The future of eCommerce breathed life with the arrival of Amazon in 1994, and it continues to be the world leader among all eCommerce businesses running,[...]

  • November 14, 2019