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
FinTech is receiving the rewards of man-made reasoning as monetary innovation FinTech or Financial Technology is an innovation-empowered development in the monetary area. This can go from the monetary exchange the executives to misrepresentation busting. The combination between man-made consciousness and FinTech is immense. Further developed discernment and social re-enactment have guaranteed that computerized reasoning… Continue reading Artificial Intelligence in the FinTech World
Trade Finance in its simplest form can be presented as the financial transactions, involving both domestic and international trade, that takes place between a seller and a buyer which is also facilitated by intermediaries such as banks and financial institutions. 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