Digital identity is a contribution of digital transformation; as much as it is a source of convenience, there are privacy concerns associated with it. Let us decode them.
With digital lending, the money has been modernized with no paperwork involved. The process has shifted to a more automated process that can be accessed easily.
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.
Budget 2024 is out, proving to be a catalyst of innovation for the fintech industry. Let us evaluate this budget in light of the dynamics of a fintech industry.
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.