Traditional lending platforms depended on human intervention and physical interactions at every stage, which increased processing time and the possibility of human error. However, digital lending platforms allow banks to automate their whole loan process,…
Remember the time that was catastrophic for financial organisations? It was almost like doomsday for banks and other financial institutions. Of course, we are talking about the global financial crisis in 2008. After bearing the…
Are we biased on silo-based financial models? Not entirely, but given the advancements in the financial sector, the legacy-based siloed architecture is not exactly a cake walk for bankers and credit unions during these fast-paced…