Upwards: Making Borrowing Better
India, a country with over 1.3 Billion population, is moving towards a revolutionary Tech-Finance alliance. This collaboration between finance and technology is upgrading the way transactional operations are handled. Initially, FinTech began its trial by setting its operating base in the banking industry. But over the last five years, it has seen tremendous development and has expanded to insurance and asset management companies as well. By leveraging technology, FinTech companies are looking to analyze customer expectations and their responses. This will create the ability to forecast demand and provide customized supply services through technology. Although the future looks bright, there are numerous challenges at the moment prevailing in the sector. The broader picture implies...
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