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Digital Lending Platform Market Is Booming Worldwide | Black Knight, Ellie MAE, Finastra, FIS Global, Fiserv

Digital Lending Platform Market Is Booming Worldwide | Black Knight, Ellie MAE, Finastra, FIS Global, Fiserv
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Bank of Baroda goes digital, launches online platform to approve loans in 30 minutes

Updated Dec 29, 2020 | 12:10 IST Bank of Baroda s digital platform provides ‘in-principle approval’ for home, car and personal loans in 30 minutes without human intervention. Representational image  New Delhi: Public sector lender Bank of Baroda (BoB) has launched a Digital Lending Platform through which prospective retail borrowers can get loan approval digitally through a paperless process. As per a statement issued by the lender, its digital platform provides ‘in-principle approval’ for home, car and personal loans in 30 minutes without human intervention. The bank will also offer ‘Online Loan against Fixed Deposits’ through the platform. Prospective loan seekers can use the digital platform through its website, mobile banking app and social media as well, the lender said.

Altimetrik Launches Digital Lending Platform for Small, Mid-tier Banks

Altimetrik Launches Digital Lending Platform for Small, Mid-tier Banks Southfield-based Altimetrik has introduced its Digital Lending Platform for banks to offer online lending. It’s designed to increase satisfaction among online borrowers. Altimetrik has introduced its Digital Lending Platform for small and mid-tier banks. // Stock photo Southfield-based Altimetrik has introduced its Digital Lending Platform for banks to offer online lending. It’s designed to increase satisfaction among online borrowers. While online lending has surged in each of the last several years, satisfaction among online borrowers is far lower than those taking loans from traditional banks, according to Altimetrik. “Our solution addresses the shortcomings in current mobile and online experiences for personal and commercial lending, something that is accentuated in a post-COVID world,” says Raj Sundaresan, CEO of Altimetrik.

Digital Lending Platform Market Is Booming Worldwide | Fiserv, Newgen Software, Ellie MAE, Nucleus Software

Digital Lending Platform Market Is Booming Worldwide | Fiserv, Newgen Software, Ellie MAE, Nucleus Software
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