SME Banking

How Fintech Is Changing SME Banking

SMEs and MSMEs are major drivers of the Indian economy, yet they are often overlooked. Statistics say that although SMEs and MSME contribute 38% of GDP in India, only 10% of small businesses have access to traditional credit. This sector lacks urgent liquidity injection. The traditional financial institutions have been unable to address this credit…

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Fintech Apps

Top Proven Ways of Securing the Personal Credentials in Fintech Apps

Growing digital-based financial transactions may lead to security risks also. Looking into banking, insurance, and business trading industries, the consumers prefer minimization of transaction cost or the commissions by the direct payments. This feature enables the financial mobile application shortly called Fintech. With the use of the Fintech applications, the management of financial transactions among…

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