Lend.In Recognized as the Top Vendor in 'Emerging Category' in the Commercial Loan Origination Report by Aite Group
The domain of financial services has experienced a seismic shift with the introduction of sector specific open application programming interfaces (APIs). This marked the start of interconnected digital technologies with the potential to bring together data from multifarious sources in one place for its effective use. With APIs enabling the process of data collection and distribution, the concept of account aggregation was born.
As we reflect on the many curveballs that were thrown during the year 2020, lenders should feel proud of the way they responded to a crisis that wasn’t on any enterprise’s radar. Faced with high rates of impaired loans, and the need to create digital capabilities ranging from end-to-end digital account opening and lending capabilities to new features and loan products on increased pressure from regulatory bodies, many organizations did things that once seemed impossible – sometimes in a matter of days.
Webinar: Digital Lending 2.0: Re-imagine Your Digital Lending Proposition To Thrive In Future Leading global analyst firm, Forrester conducted a webinar primarily focused on Re-Imagining Digital Lending in India. As an advocate of their insights, we attended this event which proved to be one of the most engaging sessions on new-age digital lending. Structured primarily in a question and answer format, the entire 60 minutes was very impactful and relatable. The webinar was focused around unravelling digital lending in India, new regulations and disruptive technology.
The “Digital Lending” report serves as a primer for anyone wanting to gain insights on the present scenario of digital lending in India which has magnified in the recent years, both in terms of the number of new age fintech startups and the emerging technologies leveraged.