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Fintech is a buzzword in the financial industry, but how does it relate to insurance? In this article, we will look at how fintech in insurance or insurtech can help the insurance industry and why you should incorporate these technologies into your business. Major aspects of our lives have been changed by technology. With so […]

Fintech solutions are becoming more popular among hedge funds for enhancing investment management and performance.  By utilizing cutting-edge technology like AI and machine learning, hedge funds can execute trades more intelligently, better control risks, and improve the investor experience in general.   Fintech offers a variety of benefits to investors and fund managers alike. For

Lending has changed dramatically in the past 20 years. With increased access to technology, people can now get loans from the comfort of their homes through online lenders that don’t require a personal visit or faxing documents back and forth.  Online lending solutions have experienced tremendous growth, disrupting the traditional banking industry and challenging the

Digital lending is a significant force in the fintech industry, providing businesses access to an ever-growing range of financial services. Small business owners can access funding from lenders at a speed and scale never before possible.     With digital lending platforms, entrepreneurs receive loans without needing to provide as much information about their company

The growing need for privacy and security in the fintech industry has led to a rise in SOC 2 certifications. Fintech companies usually handle sensitive financial information. A SOC 2 certification is essential because it assures customers and partners that the organization has created high-level information security and privacy policies, procedures, and controls. How can

Banking as a Service (BaaS) refers to methods where digital banks and third parties connect their business infrastructure to a bank’s system through APIs. To put it another way, BaaS incorporates banking with fintech. It is revolutionizing the banking system for the benefit of both fintech owners and customers with the new technology. Banking-as-a-Service (BaaS)

The fintech industry has come a long way in the past years. Digital lending, despite increasing interest rates and inflation, is now a booming business that has helped to solve some problems faced by both borrowers and lenders. Based on Statista report, almost 70 percent of global customers embrace some forms of online banking, online

3 Key Features of a Robust Customer-Centric Loan Origination System (LOS) A loan origination system is a software application in fintech that helps banks determine if they should approve loans. Lenders use these systems to reduce the time and cost of manually underwriting each loan application while ensuring they’re still doing their due diligence on

6 reasons why your mortgage loan application system is falling behind While some financial institutions have implemented a first-rate online mortgage software like Fintech One others are still stuck in the dark ages with applications that look like they were made in the 90s. So why are many mortgage professionals still using one of the

What banking trends will be most important in 2022? It’s hard to believe that banking will be drastically different in just a few years. But if you take a look at the trends, it’s clear that banking as we know it is on the brink of change. In 2022, we can expect to see a