Digitalization Unleashed: Revolutionizing Lending with AI.
The coronavirus crisis has escalated the need for financial institutions to digitise their processes. The digitalisation of a financial institution’s lending process is no longer an option, but a requirement in this current economic climate. Firms must consider the compelling benefits of artificial intelligence (AI) when digitalising their credit process to overcome the COVID-19 economic […]
Is “Buy Now Pay Later’, the next payment disruption in consumer lending?
During the COVID-19 crisis, buy-now-pay-later (BNPL) emerged as a hot segment within consumer lending when a large portion of consumer spending moved online. By venturing into BNPL space, financial firms can create a niche by transforming into two-sided marketplaces where they not only facilitate transactions but also provide a marketplace for discovery of new products. […]
