There have been some meetings of the RBI with the stakeholders in the fintech industry, and it has pressed on the seriousness of KYC adherence in digital lending.
The future of banking is transforming into a digitally powered one. Let us look at the trends of 2024 that will shape the future of core banking systems. Let’s begin now.
The use of advanced technology and ease of operation in the digital-first world is the core reason for the shift from traditional lending methods to digital lending.
As important as digital identity is now, it is under a lot of threat. There are attackers out there ready to use it for their own benefit, causing you a lot of trouble.
Digital lending is transforming with the introduction of API-delivered BNPL products. Let us look at this development closely and learn about the topic for better use.
FinTech is transforming the world of financing, especially when it comes to digital lending. Let us explore this revolution to embrace what lies ahead in fintech.