Blockchain, the disruptive technology is revolutionizing the business of lending. Lending firms have globally started harnessing blockchain concept as it offers much potential for creating new types of financial contracts and debt instruments that will allow an economy to grow to a much larger scale. “A blockchain is an anonymous online ledger that uses… Continue reading How Blockchain can be used to support lending business?
Month: January 2019
How robotic process automation can improve the loan origination process?
Today’s customer expects fast, seamless and hassle-free access to loan services at a time, place and channel of their choice. They seek loan products that suit their specific needs, products that are available on their preferred channel and are offered to them with super-fast approvals. Digital transformation has impacted the loan management cycle in a… Continue reading How robotic process automation can improve the loan origination process?
How can your lending business benefit from Artificial Intelligence?
As digital lending continues to grow, firms are looking for ways to make their services more efficient and profitable to both lenders and borrowers. Process automation is the first step. The second step is when even the decision-making is handled by machines, using advanced machine learning and artificial intelligence to make real time, 24×7, zero… Continue reading How can your lending business benefit from Artificial Intelligence?
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