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Revolutionizing Finance: The Role of Fintech Lending Processes and Enabling Technologies
[journal article]
Abstract In an era where technology is transforming every facet of our lives, the financial sector is no exception. The rise of fintech has ushered in a new wave of innovation, reshaping traditional lending processes and making financial services more accessible than ever before. The advent of advanced digit... view more
In an era where technology is transforming every facet of our lives, the financial sector is no exception. The rise of fintech has ushered in a new wave of innovation, reshaping traditional lending processes and making financial services more accessible than ever before. The advent of advanced digital technologies and data-driven solutions has revolutionized how loans are processed, assessed, and disbursed, paving the way for more inclusive and efficient financial systems. This article delves into the key fintech lending processes and enabling technologies that are driving this transformation, exploring how they are enhancing accessibility, improving operational efficiency, and ultimately changing the way we think about finance.... view less
Keywords
digitalization; financial service; lending; new technology; technical development
Classification
Economic Sectors
Technology Assessment
Free Keywords
Fintech; Digital Lending
Document language
English
Publication Year
2024
Journal
IndraStra Global, 10 (2024) 8
ISSN
2381-3652
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0