Credit Archive

Paytm and ICICI Bank Postpaid: Buy Now Pay Later

Irrespective of how rapid the development of our startup ecosystem has been, evolution of Paytm and ICICI Bank would always be an inspirational story to any learning mind. While ICICI Bank has been declared as one of the few banks that are too big to fail, Paytm has expanded itself from a mere mobile recharge website to a fully fledged payments bank. In this short …

Understanding Quovo: Data Aggregation for Finance

Are you an entrepreneur venturing into the world of finance? Does your business require keeping in touch and managing several accounts? Are you in search of a platform which connects to millions of financial accounts ? Are you looking out for a client rich database ? So many questions hover around the minds of thousands of business owners and young entrepreneurs while they are on …

How to Take Loan Against Mutual Fund Unit?

There is no doubt that mutual funds are the current big thing when it comes to investments. From young earners to the pensioners, this interesting and well diversified product serves a purpose to all. Wealth has not only been created, but is also protected from the vicious income tax sections. It wouldn’t be too much to say that it is one product that can make everyone …

Warren Buffet’s Top Investment Advises

All of us want to earn money and different people use different methods for earning it. Some sell products, some sell services and some sell both, which requires hard work as well as dedication towards the work. But even after all those hard work most of us didn’t get that much amount of money that can satisfy our needs. But there exist some people who …

Machine Learning and AI based Fintech Startups

In the recent times, a plethora of data driven startups has paved their towards the banking and finance system. Adding the spice, their arms to disrupt this field are not experts from the top management colleges, but two elite engineering terms that have the potential to rule the world: Artificial Intelligence and Machine Learning.  With the massive number of people being a part of the internet …

Understanding Credit Risk

The system of organized lending can never run out of risks. Be market, liquidity, credit, interest or operational, risk is inevitable for banks and other financial firms. Hence, a primary importance is given to risk profiling in all financial institutions. One of the omnipresent risks that have taken a toll on banks regularly is credit risk. In simplest terms, this risk can be defined as …

How Credit Card Authorization Works?

There is no existence to the idea of digital and plastic payments, unless a system of identity verification is there.  Thanks to increasing speed of global connectivity, increasing security measures and awareness among consumers, we are able to carry out these transactions in quick time. Credit card is the only revolving credit system that requires no collateral and, is solely based on one’s profession, income and …