Loan Origination Systems (LOS) are technological solutions designed to streamline the process of obtaining a loan. The use of these systems has become increasingly popular in recent years, as they allow lenders to automate many of the manual tasks associated with loan processing and decision-making. Many even relate LOS to the decline of manual tasks,… Continue reading Loan Originating System
Loan management systems are an essential tool for businesses and individuals who lend money to others. These systems provide a way to track and manage loans, from the initial application process to the final repayment. In this blog post, I will further explore the benefits of using a loan management system, the features that make… Continue reading LOAN MANAGEMENT SYSTEM
ChatGPT is all over the news now. News outlets, tech blogs, and tech forums are praising its functionalities and capabilities, with few highlighting its dangers. The word ChatGPT is trending, but only a few know the inner functionings and details. In this blog, we will cover the fundamentals of ChatGPT, as well as gloss over… Continue reading ChatGPT, Boon or Bane?
We know how important is the KYC and AML process for financial institutions. Banks can’t be careless with the KYC process because this holds some of the sensitive information. Read more.
While blockchain is already being used by many industries ranging from manufacturing, healthcare to real estate, or government application, one of the main industries that can benefit from this technology is trade finance. In this article, we will learn about trade finance, inefficiencies within the trade finance industry, and how utilizing blockchain can benefit trade… Continue reading Benefits of Blockchain in Trade Finance