lending platform – Market DCD http://market-dcd.com/ Just another WordPress site Tue, 12 Apr 2022 21:44:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://market-dcd.com/wp-content/uploads/2021/06/icon-2021-06-29T174343.113.png lending platform – Market DCD http://market-dcd.com/ 32 32 Fellow Finance to close its P2P lending business to become a bank https://market-dcd.com/fellow-finance-to-close-its-p2p-lending-business-to-become-a-bank/ Thu, 17 Mar 2022 11:00:52 +0000 https://market-dcd.com/fellow-finance-to-close-its-p2p-lending-business-to-become-a-bank/ Finland’s Fellow Finance is following in Zopa’s footsteps, shutting down its P2P lending business to focus exclusively on a new banking operation. The loan-based peer-to-peer crowdfunding and lending platform is merging with Evli Bank to create Fellow Bank. Set to open as a new digitally-enabled lender in April, Fellow Finance will offer customers the option […]]]>

Finland’s Fellow Finance is following in Zopa’s footsteps, shutting down its P2P lending business to focus exclusively on a new banking operation.

The loan-based peer-to-peer crowdfunding and lending platform is merging with Evli Bank to create Fellow Bank.

Set to open as a new digitally-enabled lender in April, Fellow Finance will offer customers the option to sell their loan portfolios to Fellow Bank and open interest-bearing bank accounts and term deposit accounts as an alternative.

Fellow Finance has provided personal and corporate finance for over €900 million in Finland, Sweden, Denmark, Germany, Poland and the Czech Republic and has served over one million clients.

The companies say they will continue to manage active and current loan investments as normal and that the cessation of intermediation does not require any action by customers.

The Finnish company is following the same path as P2P lending pioneer Zopa, which in December announced plans to cut its lending business and buy out the retail portfolio as it focused entirely on its banking arm.

Zopa said customer confidence in P2P investing has been damaged by a small number of companies whose approach has resulted in significant losses for retail investors. He also cited changing regulations that have resulted in higher costs of doing business.

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Digital Lending Platform Market Size and Forecast https://market-dcd.com/digital-lending-platform-market-size-and-forecast/ Fri, 11 Mar 2022 21:49:17 +0000 https://market-dcd.com/digital-lending-platform-market-size-and-forecast/ New Jersey, United States,- This Digital Lending Platform Market The analysis of the report provides fundamental elements designed to help industry players to make informed business decisions and assert their position in the market. This market research is conducted by combining qualitative and quantitative data, which greatly helps large companies to assess the quality of […]]]>

New Jersey, United States,- This Digital Lending Platform Market The analysis of the report provides fundamental elements designed to help industry players to make informed business decisions and assert their position in the market. This market research is conducted by combining qualitative and quantitative data, which greatly helps large companies to assess the quality of the system or solution they plan to launch. It also shows important business parameters such as population density, quality, development and general industry situation. It also contains essential facts on key industry topics such as market expansion and changing market conditions. This Digital Lending Platform Market study examines major market segments based on type, application, and geography.

The Digital Lending Platform Market research report helps to trace the potential growth of the organization for the coming years by providing insightful data. It covers a few important factors such as demographics, promotional activities, and business metrics. It further sheds light on the economic disasters caused by COVID-19 and the huge losses suffered by different business sectors around the world. He then talks about the market forecast for the valuation years 2022-2029. The use of a value chain aids in understanding the Digital Lending Platform market report.

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This Digital Lending Platform market study is a valuable way to chart the right direction for business growth. It sheds light on the key dynamics influencing business growth. It also successfully predicts the level of competition for the forecast period 2022-2029. Some of the major segments mentioned in this survey report include manufacturing technology, industrial applications, and definition. Important statistics about the state of the market are discussed here. Important parameters covered in this Digital Lending Platform market report are of great help for market players to take important decisions. A thorough examination of the production, profiles, capacity, value, product specifications, and market share of the various companies provided here immensely helps the business players to make the perfect investment in the market.

Key Players Mentioned In The Digital Lending Platform Market Research Report:

Fiserv (US), Newgen Software (India), Ellie Mae (US), FIS (US), Mambu (Germany), CU Direct (US), Argo (US), Sigma Infosolutions (US), Tavant Technologies (US), Docutech (US), Roostify (US)

Digital Lending Platform Market Segmentation:

Digital lending platform, by solution

• Process management
• Loan analysis
• Loan management
• Origin of the loan
• Risk and compliance management
• Others

Digital lending platform, by service

• Design and implementation
• Training and education
• Risk assessment
• Advice
• Support and maintenance

Digital lending platform, by mode of deployment

• Cloud
• On the site

Digital Lending Platform, by Vertical

• Bank
• Financial services
• Assurance
• Credit unions
• Retail banking
• P2P lenders

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Scope of the Digital Lending Platform Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2022
YEAR OF REFERENCE 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

It becomes easy to determine the pulse of the market with this detailed analysis of the digital lending platform market. Key players can find all competitive data and market size of major regions like North America, Europe, Latin America, Asia-Pacific and Middle East. As part of the competitive analysis, certain strategies are profiled which are pursued by key players such as mergers, collaborations, acquisitions and new product launches. These strategies will greatly help industry players to strengthen their position in the market and grow their business.

Answers to key questions in the report:

1. Who are the top five players in the Digital Lending Platform Market?

2. How will the digital lending platform market evolve over the next five years?

3. Which product and application will occupy the lion’s share of the digital lending platform market?

4. What are the drivers and restraints of the Digital Lending Platform Market?

5. Which regional market will show the strongest growth?

6. What will be the Digital Lending Platform market CAGR and size through the forecast period?

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At Verified Market Research, we help in understanding holistic market indicator factors and most current and future market trends. Our analysts, with their deep expertise in data collection and governance, use industry techniques to gather and review data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject matter expertise and years of collective experience to produce informative and accurate research.

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What is identity theft and how can you protect yourself? https://market-dcd.com/what-is-identity-theft-and-how-can-you-protect-yourself/ Sat, 05 Mar 2022 03:00:26 +0000 https://market-dcd.com/what-is-identity-theft-and-how-can-you-protect-yourself/ A few weeks ago there were reports of fraudulent use of PAN cards to obtain loans from a fintech lending app. Many people were shocked to see loans registered against their PAN and some of the loans were not even repaid resulting in the deterioration of their credit score. Cases of identity theft are on […]]]>

A few weeks ago there were reports of fraudulent use of PAN cards to obtain loans from a fintech lending app. Many people were shocked to see loans registered against their PAN and some of the loans were not even repaid resulting in the deterioration of their credit score. Cases of identity theft are on the rise. Can you protect yourself against such disbelievers? Yes, and here’s how.

What is identity theft?

In identity theft, a person wrongfully impersonates another person. Identity can be of any type – name, date of birth, bank account number, debit or credit card number, phone number and other related personal identities. These credentials are stolen primarily to conduct illegal or fraudulent activities. For example, your debit card can be stolen to buy goods, your PAN card can be used without your knowledge to obtain loans, and your phone number can be stolen to access OTPs.

Online fraud

“Identity theft is the criminal offense of improperly obtaining and using another person’s personal and financial information to obtain credit, loans or services. Identity theft can be committed in many ways and usually results in considerable damage to the victims’ finances, credit and reputation. Therefore, protecting information is critical in any growing industry that tracks people’s credit reports, financial activity and PAN details,” says Bhavin Patel, Co-Founder and CEO of LenDenClub, a P2P ready.

The most recent identity theft

IndiaBulls Group is a diversified real estate and financial services conglomerate. Their fintech lending app “Dhani” has been used to obtain loans based on the identity details of several people like PAN without the knowledge of the real owner. One of the consequences of non-payment of the loans was that the victims’ credit rating suffered. Dhani Loans and Consumer Services (formerly known as Indiabulls Consumer Finance) said: “We assess all complaints to see if it was a case of identity theft and rectify the records within credit bureaus,” Zeenews reported.

How not to fall prey to identity theft

Identity theft is a major problem and 55 million people fall prey to it in just 10 countries, according to the Norton Cyber ​​Security Safety Insights 2021 report. 27.7 million victims. So how can you protect yourself?

“You can check if someone has taken out a loan in your name using your PAN number by looking at your credit score. Credit bureaus such as CIBIL, Equifax, Experian or CRIF High Mark can provide information on loans in your name. Keep an eye on your financial transactions with the credit institutions you do business with. To find out if someone else has taken out a loan on your PAN card, simply enter your personal information, such as your name and date of birth, and your PAN card number on the agency’s website. credit, and the details will show,” says Joginder Rana, vice president and general manager of CASHe, a lending platform.

Keep regular track of your credit score: You can and should know when and where your PAN is being used. Use various credit bureau websites to check whether your PAN was used to get a loan or not. If you do not recognize any transaction, immediately report the matter to the cybercrime division of the police.

Online banking
Online banking

“In the credit bureau report, there’s a separate data point that tells you how many times you applied for a loan in the last 30, 60, or 90 days. If you haven’t applied for a loan in those many days and you notice loan activity, it’s a sign that your PAN is being misused,” says Mukesh Bubna, Founder and CEO of Monexo Fintech.

  • Do not store identity information in digital form: Do not store photos of your PAN, Aadhaar card or any other ID card in your phone gallery. In the unfortunate event that your phone is hacked or stolen, your documents will also be stolen and then misused.
  • Using an unreadable wallet: There are several wallets available that can block RFID (radio frequency identification) signals so that a bad actor cannot scan your debit or credit card details. Use it to prevent your card details from falling into their hands.
  • Check the website you are transacting on: Most modern websites have an SSL (Secure Sockets Layer) certificate. This certificate authenticates the identity of said site and also allows an encrypted connection. You can also check whether a website is secure or not just by looking at its URL. If it starts with ‘https://’, ​​it is secured with SSL or other encryption certificates. “The first and most important precaution to prevent identity theft is to protect your computer and smartphone with powerful and up-to-date security software. Use strong passwords and change them regularly with a combination of letters, symbols Weak passwords are a cybercriminal’s dream, especially if you tend to use the same password everywhere,” adds Rana.
  • Check your statements: Credit card companies and other loan companies send monthly statements. Scan the statement entries and if you don’t recognize any transactions, immediately call their helpline number for clarification. “Many financial institutions send text messages or emails when transactions are made on your accounts. Sign up to find out when and where your credit cards are used, when there are withdrawals or deposits to financial accounts and more,” adds Rana.

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CYIOS CORP LAUNCHES HELIO CYPTO EXCHANGE https://market-dcd.com/cyios-corp-launches-helio-cypto-exchange/ Tue, 01 Mar 2022 14:00:00 +0000 https://market-dcd.com/cyios-corp-launches-helio-cypto-exchange/ Boca Raton, Fla., March 01, 2022 (GLOBE NEWSWIRE) — CYIOS Corp: (OTC PINK: CYIO), a publicly traded holding company with subsidiaries focused on crypto lending, crypto trading and NFTs announced today today launched its Helio Crypto Exchange live for non-US residents, with availability for US residents in select states slated for March. Mr. John O’Shea, […]]]>

Boca Raton, Fla., March 01, 2022 (GLOBE NEWSWIRE) — CYIOS Corp: (OTC PINK: CYIO), a publicly traded holding company with subsidiaries focused on crypto lending, crypto trading and NFTs announced today today launched its Helio Crypto Exchange live for non-US residents, with availability for US residents in select states slated for March.

Mr. John O’Shea, President of Cyios Corp, said, “The company is well on its way in its development plans to create a community around a one-stop-shop for the crypto industry. We are delighted to have launched Helio Crypto Exchange which is now live. Registration can be found here, along with an online demo of the exchange: https://www.helioexchange.io/ The exchange will initially be available to non-US residents, followed by select US states which are expected to go live in March. US residents can sign up to receive notifications here https://www.helioexchange.io/register-for-updates. The platform offers over 55 cryptocurrencies and over 19 Fiat currencies globally. Simple and efficient user experience with multilingual support. The Exchange offers trading in a wide variety of cryptocurrencies including BTC, ETH, LTC, LINK, DOT, UNI, XRP, and more, as well as stablecoin and fiat pairs for compliant, safe, and truly borderless trading on AUD, USD, EUR, JPY, BTC, ETH, USDT, BRZ, TRYB, and more. The company’s mid-term plans are to launch a token offering through which users of the company’s various platforms including Helio Lending, Helio Exchange and Randombly (the company will soon launch NFT Marketplace) will be able to benefit from their membership. to the community.

CONTACT INFORMATION
Public relations and investors: admin@cyioscorporation.com
Investors are encouraged to follow CYIOS using: www.twitter.com/cyioscorp
Follow Helio Lending: https://heliolending.com/ https://twitter.com/heliolending

About CYIOS Corporation
CYIOS Corporation is a publicly traded holding company with numerous subsidiaries including; Helio Lending, Helio Exchange, Randombly, and Choice Wellness Inc. Through these transactions, the company is focused on building a one-stop crypto platform encompassing cryptocurrency lending via CeFi Aggregator platform. Helio, crypto trading through Helio Exchange, NFT minting and trading through Randombly NFT Marketplace and Choice Wellness, which focus on developing and marketing specialty branded products in the health and wellness markets, including the “DR’s CHOICE” and “24” product brands. The Company seeks to develop, distribute and license proprietary products as well as evaluate potential acquisition opportunities. Additionally, the Company continues to seek out and evaluate attractive business opportunities and leverage its resources and expertise to build a diversified and sustainable business model.
For more information, please visit www.cyioscorporation.com

About Helio Lending, PTY LTD
Founded in 2018, Helio Lending developed a cryptocurrency lending platform CeFi, headquartered in Australia. Recognized as the first to market in Australia, Helio Lending was the first independent crypto lending company to actively lend in Australia. Helio has since evolved and positioned itself as the world’s leading CeFi (centralized finance) aggregator. Helio has a large panel of partners providing access to the best rates and offers for crypto lending providers as well as a competitive yield-generating platform. Helio Lending offers holders of cryptocurrencies (such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple) a safe and secure way to access fiat funds at the best rates, without selling any of their cryptocurrencies.

About ChoiceWellness, Inc.
ChoiceWellness, Inc. is a health and wellness company that markets the DR’S CHOICE line of products, as well as “24” brand hand sanitizer products. DR’s CHOICE was developed with a mission to offer physicians and medical practitioners their own BRAND of professional grade CBD with a suite of products that they could support and be sure to offer their patients. Our customers can be assured that DR’S CHOICE CBD products have been subjected to the most rigorous testing for purity, potency and quality. DR’s Choice products were brought to market for doctors and healthcare professionals looking for a better solution for patients with pain, inflammation, anxiety or other persistent symptoms. For more information, please visit www.choicewellnessbrands.com or write to us at info@choicewellnessbrands.com

FORWARD-LOOKING STATEMENTS: This press release contains “forward-looking statements”. Forward-looking statements may also be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans regarding our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by words such as “anticipate”, “intend”, “plan”, “aim”, “seek”, “believe”, “project”, “estimate”, “s ‘expect’, ‘strategy’, ‘future’. ,” “likely”, “may”, “should”, “should”, “could”, “will”, and other words of similar meaning when discussing future operating or financial performance. Examples forward-looking statements include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash and other measures of financial performance. relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the actual results and financial condition of the Company to differ materially from those expressed or implied by the statements These risks, uncertainties and other factors include, but are not limited to, economic conditions, changes in laws or regulations, demand for products and services s of the business, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this press release should be considered in light of these factors. We assume no obligation to update any forward-looking statements contained in this report.

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Marble Connect goes live with Lendforall.ca https://market-dcd.com/marble-connect-goes-live-with-lendforall-ca/ Thu, 24 Feb 2022 13:40:20 +0000 https://market-dcd.com/marble-connect-goes-live-with-lendforall-ca/ Lendforall is Marble’s first lending services marketplace and second B2B client to launch Marble Connect API in 2022 Vancouver, British Columbia–(Newsfile Corp. – February 24, 2022) – Marble Financial Inc. (CSE: MRBL) (OTC Pink: MRBLF) (FSE: 2V0) (“Marble” or the “Company”), an IA- financial technology company, is pleased to announce that Lendforall.ca (“Lendforall”), a leading […]]]>

Lendforall is Marble’s first lending services marketplace and second B2B client to launch Marble Connect API in 2022

Vancouver, British Columbia–(Newsfile Corp. – February 24, 2022) – Marble Financial Inc. (CSE: MRBL) (OTC Pink: MRBLF) (FSE: 2V0) (“Marble” or the “Company”), an IA- financial technology company, is pleased to announce that Lendforall.ca (“Lendforall”), a leading Canada-based business and consumer loan provider, has launched the Application Programming Interface (“API ”) exclusive Marble Connect from the company on its platform.

As previously announced on November 10, 2021, the company signed a licensing agreement with Lendforall for its Marble Connect API, to enable Lendforall to produce more accurate credit risk assessments of its users by giving them access to the proprietary platform. Marble’s MyMarble and its AI-recommended solutions. (Score-Up, Boost, Fast-Track, etc.) to improve their financial situation.

Founded in 2018, Lendforall matches borrowers with lenders to provide them with loan options at the most competitive loan rates. To date, Lendforall has helped over 200,000 Canadians. Through the integration of Marble Connect, the company expects to gain approximately 5,000 new MyMarble members per month as well as access to Lendforall’s unique customer data, comprised of critical financial information.

Lendforall is the company’s first online alternative lending marketplace and second B2B client to launch Marble Connect.

“We are thrilled to announce the launch of our exclusive Marble Connect API on Lendforall, as it is the first network ready to launch our API,” said Doug Tanner, VP of Business and Enterprise Development. of Marble. “Given the nature of their operations, innovative technology is needed to ensure borrowers are matched with lenders that are right for them based on their financial needs. The integration of Marble Connect to facilitate this complex process demonstrates the strength of our B2B solutions.

The global peer-to-peer (“P2P”) lending market is expected to reach US$802.34 billion by 2028, with North America expected to hold the largest market share globally.1 The company plans to continue to serve this growing industry and to forge more partnerships with lending networks.

Several license agreements were signed for Marble’s Connect API last year and are expected to go live by Q2 2022.

About Lendforall: Lendforall’s mission is to help Canadian consumers and businesses achieve their financial goals through a safe, secure lending platform and a transparent, simple and easy-to-use loan application process. Their artificial intelligence platform basically does all the work for you. Additionally, our lending platform minimizes and in most cases eliminates the possibility of a loan application being denied and with the highest probability of approval.

For more information, please visit the Lendforall website at lendforall.ca.

About Marble Financial Inc. (CSE: MRBL) (OTC Pink: MRBLF) (FSE: 2V0) Marble’s Property MyMarble The platform uses the power of machine learning, data science and artificial intelligence, leveraging its proven data-driven strategies through technology solutions Connect, Inverite, Score-Up, Fast Track , Maestro and Boost to engage and navigate a clear path to wellness finance and a meaningful credit score. Since 2016, Marble has been proud to have empowered thousands of marginalized consumers to have a positive financial future, and we continue to establish ourselves as leaders in financial wellness through the licensing of our exclusive products on the MyMarble Platform.

For more information on Marble Financial, please visit: mymarble.ca.

Mike Marrandino, Executive Chairman
Phone. : (855) 661-2390 ext. 104 Email: [email protected]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED NOR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words beliefs, expectations, anticipations, estimates, intentions, plans or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward-looking statements are based on the opinions and estimates of management as of the date they are made and are subject to a variety of risks and uncertainties as well as other factors that could cause events or actual results differ materially from those projected in the forward-looking statements. statements. Except for historical facts, statements in this press release, as well as oral or other written statements made or to be made by Marble, are forward-looking and involve risks and uncertainties. The forward-looking information included in this press release is expressly qualified in its entirety by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update these forward-looking statements, except as required by applicable law.

1. https://brandessenceresearch.com/semiconductor/peer-to-peer-pp-lending-market-size

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114633

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What are the building blocks of digital lending? https://market-dcd.com/what-are-the-building-blocks-of-digital-lending/ Wed, 16 Feb 2022 22:01:30 +0000 https://market-dcd.com/what-are-the-building-blocks-of-digital-lending/ HousingWire recently sat down with Steve Meirink, Executive Vice President and General Manager, Compliance Solutions, Governance, Risk and Compliance Division of Wolters Kluwer, to discuss the impact of digital technology on mortgage lending and how the future of digital lending to an era of accelerated and digital innovation. transformation. HousingWire: What are the key drivers […]]]>

HousingWire recently sat down with Steve Meirink, Executive Vice President and General Manager, Compliance Solutions, Governance, Risk and Compliance Division of Wolters Kluwer, to discuss the impact of digital technology on mortgage lending and how the future of digital lending to an era of accelerated and digital innovation. transformation.

HousingWire: What are the key drivers and trends driving digital lending adoption? How has the COVID-19 pandemic contributed to this?

Steve Meirik

Steve Meirik: Digital lending is now a must for organizations that need to differentiate themselves in the market by scaling faster with greater agility while reducing costs.

Plus, consumers expect better digital experiences — like what you get with Amazon or Uber. Companies that provide this kind of seamless user experience will move forward and those that don’t will lag behind. We’ve seen it with the COVID-19 pandemic, where demand for contactless transactions has taken off, like the “tap to pay” feature for your chip-based credit card. In the area of ​​digital lending, this has led to the growing popularity of eClosings and Remote Online Notarization (RON).

HW: What are the main building blocks of digital lending?

SM: I joined this industry as a Retail Mortgage Agent, becoming a Broker Owner in my local community and I try to apply a simple concept that we share with clients and prospects, namely the idea of ​​simplified digital lending. It starts with a document engine that provides the basic inputs for a digital lending transaction – fully automated with secured loan agreements and contracts. At Wolters Kluwer, our document engine is Expere, which is fully integrated with Lending Systems (LOS) and other core lending systems.

An electronic closing platform is also important for speeding up and simplifying complex loan agreements with workflow management to provide a simple and intuitive closing experience for lenders, borrowers and settlement agents. This is our Closing Center for digital mortgages.

An electronic vault or authoritative copy is also needed to consolidate digital loans into a single system and ensure certainty of digital assets with full ownership and control of assets. This is our OmniVault.

Organizations also need digital asset certainty based on immutable history and a digital chain of custody for all digital financial assets. The idea is that only one digital original exists and is legally transferable and enforceable. When you see Digital Original® in the financial services space, you can be sure Wolters Kluwer is behind the scenes to make it happen.

Finally, analytics and reporting tools are needed to analyze risk and ensure compliance through information sharing and accurate reporting. This is our Wiz technology, which provides data-driven insights and improves decision-making.

HW: For those considering a digital lending platform today, what are the key benefits they can expect? And for those who wait, what are the risks?

SM: A digital lending platform lowers traditional “barriers to entry”. Businesses can adopt new technologies faster while increasing efficiency, reducing costs, and increasing margin and profitability. And most importantly: they can deliver better customer experiences.

The risks of not moving forward? If you don’t, more efficient competitors will “eat your lunch” and cause you to lose business. Keep in mind that decisions made today will impact your business for many years to come. It’s important to leverage the expertise and experience of trusted advisors who have been working in this field since the dawn of digital lending nearly 20 years ago. Our team of experts, along with other industry partners, enabled the first digital lending transaction in many of the industries we serve today.

HW: Looking to the future, what will digital lending look like in the next few years? What are the important trends and changes we will see?

SM: We talk to clients and prospects about next-generation digital loan compliance management, which today means an all-digital platform with robust loan compliance. Increasingly, businesses will focus on what can be achieved by moving from manual to automated processes in terms of economies of scale and cost efficiency.

This brings a dynamic, enhanced, end-to-end user experience – and all the benefits of digital technology for rapid response and action.

A fully digital lending platform solution not only offers powerful tools aligned with key business processes, but also analytics to ensure broader compliance and a secured asset/portfolio with end-to-end certainty on digital assets. Find more information here.

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P2P lending can help diversify investments https://market-dcd.com/p2p-lending-can-help-diversify-investments/ Sat, 12 Feb 2022 02:48:45 +0000 https://market-dcd.com/p2p-lending-can-help-diversify-investments/ The economic downturn of 2007-2008 served as a reminder of the long-standing monopoly of traditional lenders. Since the catastrophic collapse of Lehman Brothers in 2008, plausible alternatives to conventional credit intermediaries have emerged, and one such digital lending method is Peer-to-Peer (P2P) lending. Efforts have been made to raise the living standards of those […]]]>

The economic downturn of 2007-2008 served as a reminder of the long-standing monopoly of traditional lenders. Since the catastrophic collapse of Lehman Brothers in 2008, plausible alternatives to conventional credit intermediaries have emerged, and one such digital lending method is Peer-to-Peer (P2P) lending.


Efforts have been made to raise the living standards of those at the bottom of the pyramid, most of whom lack basic bank accounts, credit or other financial services. At the same time, the digital revolution and faster internet access have enabled people around the world to trade virtually. Individuals can now exchange money around the world without financial intermediaries such as banks or other financial entities.


Financial sustainability is an indispensable element of economic development and financial inclusion. Financial inclusion is an essential element in making the country’s economy and markets strong and sustainable.


The P2P lending industry has seen a sea change in technology, consumer behavior and business offerings. The segment has seen an increase in technology adoption by lenders and borrowers in the 25-40 age group. Also, as restrictions are eased, the demand for credit to help with the economic recovery will grow rapidly. The P2P lending world is poised to deliver fast, easy and flexible lending solutions in the days ahead.



The fintech revolution


Sir Edmund Hillary once said, “If you only do what others have done, you will only feel what others have already felt. However, if you choose to do something no one else has ever done, you will have a satisfaction that no one else has ever had.” It couldn’t be more appropriate for the thriving P2P lending arena.
The universal P2P lending market has grown rapidly over the past seven years. The category is expected to grow at over 31% compound annual growth rate (CAGR) through 2021-2026.
We’ve all heard of cryptocurrencies and how bouts of extraordinary volatility temper their exceptional performance. But P2P lending is a very unique modern investment tool.
Here are some of the reasons lenders are considering investing in P2P lending models:



Low entry cost: You don’t need a lot of money to start building your P2P loan portfolio. The cost of admission is low and a new investor can start with as little as Rs 50,000 to Rs 1 lakh and slowly increase their portfolio size. Returns are highly dependent on the portfolio established by a lender.



Investment simplicity: P2P lending is a technique. This indicates that the entire process is done digitally, from identifying borrowers who match your standards, to executing legal agreements with borrowers, to receiving repayments. All transactions are conducted through an escrow account managed by a bank-promoted fiduciary – the platform tracks and updates your portfolio performance in real time.



Higher yields: This happens in two ways.


Passive income through reinvestment: Lenders generate passive income through equivalent monthly investments, including interest and principal income. The lender is repaid monthly by the borrowers through the EMIs. The P2P lending platform acts as a catalyst, collecting EMIs from borrowers and depositing them into the lender’s escrow account, into which the lender can withdraw or reinvest as desired. This leads to consistent returns from diversified investments.



Invest automatically: P2P lending institutions offer self-investment options, offering a diversified portfolio to save time and effort. The algorithm gives the lender an advantage in choosing the best investment plan.



A word of warning


The Reserve Bank of India (RBI) regulated P2P lending industry is booming in India and has evolved as a robust and versatile asset class competing with traditional investment platforms. However, like any investment option, P2P loans also come with some risk.



Default risk: One of the risks is that the borrower could default on your loan. Another concern is that no compensation scheme protects your dues, which means that if you default, you won’t get your money back quickly.



Less liquidity: Another disadvantage of P2P loans is the liquidity of the investment. Borrower repayments are made to lenders in accordance with the EMI and term of the loan. Therefore, cashing out an investment before the redemption date is a challenge.



Tax on returns generated by P2P loans: In P2P lending, investors basically earn interest on the amount they lend. So, just like interest earned from other instruments such as fixed deposits, interest income from P2P lending is taxable. The amount of interest earned on P2P loans is categorized as “Income from other sources”. It is added to the lender’s income and taxed according to the tax bracket in which the lender is located.

Bhavin Patel is co-founder and CEO of LenDenClub.

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Alto partners with Prosper to enable AltoIRA users to invest in consumer loans https://market-dcd.com/alto-partners-with-prosper-to-enable-altoira-users-to-invest-in-consumer-loans/ Thu, 10 Feb 2022 14:07:48 +0000 https://market-dcd.com/alto-partners-with-prosper-to-enable-altoira-users-to-invest-in-consumer-loans/ Partnership will allow individuals to further diversify their retirement savings NASHVILLE, TN/ACCESSWIRE/February 10, 2022/ Alto Solutions, Inc. (Alto), the self-directed IRA platform for individuals to easily and cost-effectively invest in alternative assets using tax-advantaged retirement funds, today announced the company’s partnership with Prosper Marketplace, Inc. (Prosper), a leading online marketplace for consumer loans. Users of […]]]>

Partnership will allow individuals to further diversify their retirement savings

NASHVILLE, TN/ACCESSWIRE/February 10, 2022/ Alto Solutions, Inc. (Alto), the self-directed IRA platform for individuals to easily and cost-effectively invest in alternative assets using tax-advantaged retirement funds, today announced the company’s partnership with Prosper Marketplace, Inc. (Prosper), a leading online marketplace for consumer loans. Users of the Alto IRA platform can now use their IRA funds to invest in loans issued through Prosper’s online lending platform. Prosper connects people who want to borrow money with individuals and institutions who want to invest in consumer credit, making it easier for borrowers to access credit and offering attractive returns for investors.

“We are extremely proud to partner with Prosper,” said Tara Fung, Chief Revenue Officer of Alto. “Prosper was the first peer-to-peer consumer lending marketplace in the United States and offered ordinary Americans a one-of-a-kind investment opportunity to better diversify their portfolios. Through our partnership, Alto investors can now deploy IRA funds to invest in consumer loans.

John Goldston, Vice President of Capital Markets at Prosper, said, “As a self-directed IRA provider, Alto has a strong reputation for easy online account setup, transparent pricing and excellent customer service. We are excited about this opportunity to join Alto and join the company’s growing list of key investment partners.

Since 2006, Prosper has facilitated over $20 billion in peer-to-peer lending to over 1,180,000 people across America. Fixed-rate, fixed-term loans offer stable returns for investors with higher risk tolerance than lower-yielding loans. Personal loans are just one more option for Alto users to diversify their asset allocation and achieve the financial future they want.

About Alto
Alto is a Nashville-based fintech company that launched its next-generation self-directed IRA platform in 2018 to make it easier for individuals to access and invest in alternative assets using their retirement funds. The first of its kind, Alto’s platform streamlines the process for investors, investment finance portals and investment sponsors. Alto’s current investment partners include AngelList, DiversyFund, Eaglebrook Advisors, Fundr, Grayscale, Masterworks, Republic and Vint, as well as financial advisors, fund sponsors and other direct issuers. Alto is not a registered dealer or investment adviser. Alto does not promote or endorse individual investment opportunities or provide investment advice to its clients.

For more information, please visit AltoIRA.comor follow Alto on LinkedIn, Twitter, Facebookand instagram .

About Prosper
For more information about Prosper, please visit Prosper.comor follow Prosper on LinkedIn, Twitter,Facebookandinstagram . Prosper services are not available to investors in all states. SeeProsper.comfor more details.

Notes offered byProspectus.

Alto Media Contact:
Kristie Galvani
Caliber Business Advisors
[email protected]

THE SOURCE: AltoSolutions, Inc.

See the source version on accesswire.com:
https://www.accesswire.com/688162/Alto-Partners-With-Prosper-to-Allow-AltoIRA-Users-to-Invest-in-Consumer-Loans

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RXR and Hudson Realty Capital merge their mortgage lending businesses https://market-dcd.com/rxr-and-hudson-realty-capital-merge-their-mortgage-lending-businesses/ Thu, 03 Feb 2022 18:01:00 +0000 https://market-dcd.com/rxr-and-hudson-realty-capital-merge-their-mortgage-lending-businesses/ NEW YORK–(BUSINESS WIRE)–RXR, a leading real estate owner, operator and developer with a proven track record in structured finance investing, and Hudson Reality Capital (Hudson), a fully integrated commercial real estate lender with extensive origination experience, Due Diligence, Capital Markets and Asset Management, announced the creation of RXR-Hudson, a strategic lending platform designed to achieve […]]]>

NEW YORK–(BUSINESS WIRE)–RXR, a leading real estate owner, operator and developer with a proven track record in structured finance investing, and Hudson Reality Capital (Hudson), a fully integrated commercial real estate lender with extensive origination experience, Due Diligence, Capital Markets and Asset Management, announced the creation of RXR-Hudson, a strategic lending platform designed to achieve risk-adjusted returns through direct commercial real estate lending in major U.S. markets .

Building on the companies’ strong 25-year track record, RXR-Hudson encapsulates RXR’s extensive experience operating, developing and constructing complex real estate projects, while adding a unique element of value to the lending platform. current Hudson. Over the next several years, RXR-Hudson expects to lend more than $2 billion in sectors experiencing strong investor demand and demographic tailwinds, such as housing, industrials and healthcare-related sectors.

“As RXR continues its national expansion into other major markets, RXR-Hudson is well equipped to capitalize on the rapidly changing trends arising from the pandemic,” said Scott Rechler, president and CEO of RXR. “Hudson’s national origination network and real estate finance expertise combined with RXR’s multidisciplinary franchise will enable RXR-Hudson to seek out and execute a strong pipeline of opportunities in its targeted lending space.”

RXR-Hudson will issue traditional loans, including bridging, mezzanine or preferred stock type investments to facilitate the acquisition, construction or recapitalization of real estate assets. The platform will also direct some of the investments to Opportunity Zones, sustainability initiatives, and minority and women-owned businesses.

David Loo, co-founder and managing partner of Hudson added, “Our launch of RXR-Hudson marks another milestone for us as a business, building on what was a banner year in 2021. As we continue to see tremendous opportunities in the market , we look forward to working with RXR and their visionary leadership. team to accelerate our growth.

RXR-Hudson will leverage corporate synergies with unique real estate and credit skill sets to create a national commercial real estate debt platform. Both companies have decades of experience and are comprised of experienced teams with proven track records and expertise in real estate finance. Rounding out the team, Jason Kirschner, Managing Director of Finance and Capital, has been hired to focus on scaling RXR-Hudson’s debt portfolio. Kirschner was previously senior vice president of finance and capital markets at Brookfield Property Partners, where he was responsible for a debt portfolio of more than $20 billion for office, multi-family, hotel and development properties.

About RXR

RXR is an investor, developer and creator of innovative places committed to applying a client and community-centric approach to building properties, services and products that create lasting value for all stakeholders. Headquartered in New York with a national platform strategy, RXR is a vertically integrated operations and development company of more than 500 people, with expertise in a wide range of value creation activities, including real estate, infrastructure and industrial development, revealing value in underperformance. properties, repurposing well-located iconic properties, incorporating cutting-edge technologies and value-added loans. The RXR platform manages 84 commercial real estate properties and investments with an aggregate gross asset value of $22.4 billion, comprising approximately 30.3 million square feet of commercial properties, a multi-family residential portfolio of approximately 6,900 units in operation or under development, and development control rights for approximately 2,900 additional multi-family and for-sale units.

About Hudson Realty Capital

Hudson Realty Capital is a New York-based minority-owned commercial real estate investment management firm that provides middle-market deal sponsors across the United States with top-to-bottom-of-the-capital-stack financial solutions. Recognized for their hands-on approach and unique ability to quickly adapt to market changes, Hudson’s team of seasoned real estate investment professionals have extensive experience in debt origination, debt analysis and resolution. distressed debt, due diligence, securitization, asset management, loan servicing and disposition. Since its inception in 2003, the firm has invested in transactions totaling more than $4.5 billion in aggregate value across the multifamily, office, industrial, retail, mixed-use and hospitality sectors.

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Digital Lending Platform Market Production, Growth, Share, Demand and Global Application Forecast to 2028 https://market-dcd.com/digital-lending-platform-market-production-growth-share-demand-and-global-application-forecast-to-2028/ Sat, 29 Jan 2022 17:51:27 +0000 https://market-dcd.com/digital-lending-platform-market-production-growth-share-demand-and-global-application-forecast-to-2028/ The Digital Lending Platform Market report includes a comprehensive database of future projections of crucial aspects of this industry vertical, including market trends, current revenue, market size, and profit estimates. The research provides an overview of the Digital Lending Platform market performance by highlighting key factors influencing market dynamics and industry growth rate over the […]]]>

The Digital Lending Platform Market report includes a comprehensive database of future projections of crucial aspects of this industry vertical, including market trends, current revenue, market size, and profit estimates. The research provides an overview of the Digital Lending Platform market performance by highlighting key factors influencing market dynamics and industry growth rate over the forecast period. Additionally, the challenges restraining the growth of the market along with growth opportunities in the regional grounds are explained in the report.

The research taps into critical data regarding the market forecast with respect to metrics such as revenue share, industry size, and sales volume. Moreover, the study details the various industry segments and driving forces that will propel the profitability graph of this sphere of business.

Request a sample copy of this report @ https://www.getnewsalert.com/request-sample/10459

COVID-19, the disease it causes, surfaced in late 2019 and has now become a full-fledged crisis worldwide. More than fifty key countries had declared a national emergency to fight the coronavirus. With the spread of cases and the epicenter of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been turned upside down as it had been in Asia at the beginning of the developing crisis. As the coronavirus pandemic has worsened, the entertainment industry has been turned upside down along with most other facets of life. As experts work towards a better understanding, the world quivers with fear of the unknown, a concern that has rocked global financial markets, driving daily volatility in US stock markets.

Regions Covered in the Digital Lending Platform Market Report:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC countries)

Europe, North America and Asia-Pacific remain the main markets for the digital lending platform. Market players are responding to new opportunities by expanding their global presence and product offerings. On the one hand, manufacturers of digital lending platforms have pledged to reduce their manufacturing costs; on the other hand, they try to provide more qualified products to customers. Also, they are trying to expand the applications of the digital lending platform.

Global Digital Lending Platform market competition by major manufacturers, with production, price, revenue (value) and each manufacturer including:

  • Fiserv
  • Next generation software
  • Ellie Mae
  • kernel software
  • World FIS
  • Pegasystems
  • Temenos
  • Intellectual design arena
  • Sigma Infosolutions
  • Tavant Technologies
  • Docutech and Mambu

This report contains assessments of the Digital Lending Platform market size in terms of value (USD Million). Both top-down and bottom-up approaches have been used to assess and validate the size of Digital Lending Platform market and to estimate the size of various other dependent submarkets in the overall market.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of Digital Lending Platform market types split into:

On the basis of end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Digital Lending Platform with Apps market , understand:

  • Banking
  • Financial services
  • Assurance
  • credit unions
  • Retail banking and P2P lenders

Study Objectives of Digital Lending Platform Market Report:

  • To provide a detailed analysis of the market structure along with the forecast of various segments and sub-segments of the global Digital Lending Platform market
  • To provide insights into factors influencing and affecting the growth of the Digital Lending Platform market
  • To provide historic, current, and forecast revenue of market segments based on material, type, design, and end-user
  • To provide historical, current and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
  • To provide strategic profiling of key market players, thoroughly analyzing their market shares, core competencies and drawing a competitive landscape for the market
  • To provide economic factors, technology trends, and market trends that influence the global Digital Lending Platform market

This Exclusive Study Answers Key Stakeholder Questions of the Digital Lending Platform Market:

  • What are the key developments predicted in the Digital Lending Platform Market during the period 2020-2025?
  • What are the crucial strategies adopted by players operating in the Digital Lending Platform market?
  • Which end-user segment will remain a key contributor to the growth of the Digital Lending Platform market?
  • What are the significant trends driving the growth of the Digital Lending Platform Market?
  • Which application segment will augur lucrative growth opportunities for the Digital Lending Platform Market?

What are the market factors that are explained in the report?

-Key strategic developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, mergers and acquisitions, agreements, collaborations, partnerships, joint ventures, and regional growth of the major competitors operating in the market to globally and regionally.

– Key Market Features: The report assessed key market characteristics including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR and gross margin. Additionally, the study offers a comprehensive study of key market dynamics and their latest trends, along with relevant market segments and sub-segments.

-Analytical tools: The Global Digital Lending Platform Market report comprises the precisely studied and assessed data of the key industry players and their scope in the market through a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization request on this report @ https://www.getnewsalert.com/request-for-customization/10459

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