TFG spoke to Mishal Ruparel, General Manager at Banking Circle, about the new applications of technology in banking to help better serve the underbanked SMEs. Using AI-driven credit scoring and new approaches to analyse credit card transaction data, Banking Circle’s proposition is game-changing the world of SME finance.
Taking out a loan is a significant financial step which shouldn’t be taken lightly. Nowadays, more people are gravitating towards personal loans to cover emergencies such as medical bills and more. A personal loan is an indiscreet loan which you can take based on your income and credit card. However, like any unsecured loans, the personal loan comes with pros and cons compared to unsecured loans though there are adequately many reasons to take out a personal loan. Here are a few factors on which you can heed before applying for a loan.
Procuring an installment loan is a step that so many people take when they want to better their current situations. For example, they might need a loan to make unexpected necessary improvements to their homes or to pay for classes suddenly needed bolster their job standings. As you’re checking out installment loans, make sure to integrate some important information into your knowledge base to ensure that you get the most out of these financial opportunities.
For years microcredit has been used as a tool to fight both poverty and gender inequality. However, over the years, many researchers have concluded the Microcredit might not be the miraculous solution to these issues.
Working capital is considered the lifeblood of any business. It saves you a huge amount of time and gives you enough breathing space to make the best decisions for the… read more →