Finance
How Digital lending is scaling up to the pandemic
Even as the most devastating crisis of our times plays out, banking and financial services continue to hog the limelight simply because they are needed to dispense cash, make payments and loans– thelifeblood of our economy even in normal times. While FinTech and digital lending have been around for many years now, they have been…
Continue ReadingDigital lending 101
As per the BCG Digital lending report, total digital lending contribution was 75 billion as of 2018 and is forecasted to be 110 and 150 million by 2019 and 2020. This is proof that digital lending is no longer a ‘differentiator’– it has become a strategic imperative. Going digital with lending: Digital lending is one…
Continue ReadingHow a Credit Card Processing System works:
Credit card transaction process might seem very simple wherein a customer swipes the card and a transaction or withdrawal (process) is done. But behind every single process, there are more complex procedures. Earlier, credit cards were processed manually by taking a print of the customer’s credit card information and transmitted through phone or internet. This…
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