Microfinance is all about the provisioning of financial services to small businesses and low-income groups, which typically lack access to these services. These individuals or businesses possess no collateral to post and lack the ability to qualify for a standard loan.
Data analytics is a practice of collecting, analyzing, and interpreting data to spot patterns, insights, and trends. Considering the financial industry, data analytics can help companies make informed decisions, mitigate risks, and identify growth opportunities.
Digitalization in financial services is the New Normal. Why? Innovations in the financial industry are beyond imagination. A country’s economy can benefit at large owing to the changes in bank offerings, insurance companies, investments funds, and other financial services. Revolution in Fintech Landscape The adoption of digital payment solutions and Read more…