Digitally-minded customers are forcing financial institutions to rethink how they do business by demanding to be able to conduct banking operations 24 hours a day, 7 days a week. Moreover, …
Read More »Infographic: why video banking is on the rise
Find out why video banking is becoming increasingly popular among both customers and financial institutions as well as why the service is expected to boom in the coming years. Video: …
Read More »Infographic: the benefits of e-signatures in banking
Today’s banking customer expects to be able to access their banking information and complete even the most complex financial transactions anytime, anywhere. By leveraging e-signatures, banks can make banking easier …
Read More »Infographic: the banking customer experience
Customers are coming to expect more from their financial institutions. This infographic gives a quick snapshot of opportunities financial institutions have in the modern world as well as the general …
Read More »The trouble with marketplace lending today
The marketplace lending industry, which is less peer-to-peer these days and relies more on packaging and selling bonds to fund its business, seems to be taking a page from recent …
Read More »The pros and cons of alternative lending
With alternative lending becoming increasingly popular, especially among those who find it more difficult to obtain loans from traditional financial institutions, it is worth examining the pros and cons of …
Read More »How online lending will continue its evolution
Digital lending choices for both consumers and small businesses have grown rapidly, and the online lending sector is now entering a phase of maturity. There is increasing competition; regulators are …
Read More »Why alternative lenders are becoming popular with small businesses
Small businesses used to have to look to traditional financial institutions to obtain funding; however, alternative lenders are becoming increasingly popular among this group. Here are a few reasons why: …
Read More »Are alternative lending services “alternative”?
In the last ten years, alternative lending services have made borrowing money easier, especially for those who became increasingly out of reach for many traditional lenders. But their current level …
Read More »Moving “going digital” beyond just eliminating paper
Historically, “going digital” for lenders meant automating manual processes and moving paper-based processes online. In many cases however, lenders simply recreated their offline experiences and processes in an online environment. …
Read More »What is P2P lending?
P2P stands for “peer-to-peer”. P2P lending is a financial service for issuing loans in which the creditor is not a bank or credit institution, but rather he/she is an individual …
Read More »Berlin-based online bank to use Bitcoins to issue loans worldwide
The Berlin-based peer-to-peer (P2P) lending platform Bitbond will soon allow its customers to receive loans in bitcoins and other cryptocurrencies around the world. This will help the company bypass the …
Read More »Amazon partners with Bank of America for lend-tech leap
Amazon is partnering with Bank of America as part of an effort to expand its lend-tech program for small businesses that sell on Amazon. Amazon Lending is an invitation-only program …
Read More »Four key trends for alternative lending in 2018
Gabriella Kindert, head of Alternative Credit at NN Investment Partners, explores four key trends that are likely to impact the alternative lending landscape in 2018: Intensifying competition and open network …
Read More »PrivatBank launches online credit service in Ukraine
PrivatBank has launched an online credit service that allows individuals to apply for loans of up to UAH 50,000 without having to visit a branch and deal with processing paper …
Read More »Alternative lending startups changing traditional lending in India
Startup companies are starting to rewrite traditional lending ideas in India. One such company, MoneyTap, uses a chatbot-based loan application system to give customers real-time loan processing and wire loan …
Read More »Online lenders for SMEs
In a recent interview, Mariusz Zabrocki, managing director of iwoca Poland, spoke about online lending to small- and medium-sized enterprises (SMEs). Mr. Zabrocki noted that SMEs are changing thanks to …
Read More »Sberbank offers online loan process to SMEs
Russia’s Sberbank has become the first in the country to offer loans to small- and medium-sized enterprises (SMEs) completely online. While other banks do offer businesses the chance to begin …
Read More »Proposed amendments to regulate the Kazakhstani online loan market
The National Bank of Kazakhstan has developed a number of amendments that will regulate online lending. Specifically, the amendments will: Require loans be issued only in the national currency Establish …
Read More »Payme application launches online loans in Uzbekistan
Payme users can now receive online loans of up to UZS 1 million. The application now allows users to request a loan within the application. Once the request is sent, …
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