MAXLEND BLOG The following excerpt is from the staff of Entrepreneur Media’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes With the growing accessibility of information online, modern entrepreneurs in search of funding to grow their businesses have a huge leg up on generations past. Yet for every bit of accurate and genuinely helpful… Continue reading Busting the 5 Myths About Small Business Lending
Artificial intelligence is here to stay, and 2017 will be about the adoption of ML/AI by the FinTech community and beyond. Experts agree that FinTech companies will harness this technology to make better decisions and offer improved solutions – they will make use of predictive analytics to break down big data and analyze large volumes… Continue reading How AI Will Become the Most Defining Technology for the Banking Industry
In today’s society having good credit is an important aspect of being able to afford necessities such as housing, transportation and insurance. Various businesses may offer products and services based on your credit worthiness and some employers may look to securitize your report when applying for a job. Your credit score is something that will… Continue reading Why Good Credit Matters For Both Individuals and Small Businesses
http://www.maxlendcom.com/ Despite competitive propositions and momentary advantages that alternative lenders may have over incumbents, it is likely that banks will eventually drive this particular FinTech segment out of business. That moment, however, will come after a brief time of mutually beneficial collaborative work that we will witness in the years ahead. Though alternative lenders will… Continue reading Is Alternative Lending a Perishable FinTech Segment?
The year 2016 will be carved in our memories for many reasons – unexpected political events (Trump, Brexit, to name a few), loss of iconic figures in sport, politics, art and entertainment, significant M&A deals, and much more. More importantly, for us, 2016 will be remembered by the lessons we have learned while attentively following… Continue reading Global FinTech Funding Reached $36 Bn in 2016 With Payments Companies Securing 40% of Total Funds
On December 21, LTP in partnership with Opus Consulting organized a FinTech meetup in Rise Mumbai called “The New Global FinTech Event: RegTech and Blockchain.” The meetup had attracted over 100+ audience members from Mumbai. The attendees were a mix of bankers, startups and technology aficionados. The theme was centered on RegTech and blockchain and a… Continue reading The New Global FinTech Mumbai Event: RegTech and Blockchain
Largely under the influence of FinTech, the robustness of internal infrastructure in banking went from being an industry norm to a disadvantageous hallmark of institutions in the financial services industry and beyond. Once efficient and advanced, legacy systems are now indeed a legacy – they no longer allow institutions to adopt innovation at the pace… Continue reading Flexibility of IT Infrastructure as a Stress Test for Market Viability in Banking