Peer-to-peer, also known as person-to-person or P2P lending, is a relatively new approach to lending and borrowing. They allow borrowers to get money quickly and investors to increase their returns without having to deal with traditional financial institutions.
As the energy and utilities companies are increasingly trying to rebuild themselves for a more sustainable future, legacy software and data gathering challenges impede their progress. Gentrack developed a solution that can bring essential technological features to these companies, from data collection to smart billing. As Gentrack’s software and services became more and more sought-after, they needed additional BI and D&A experts to join their in-house team to develop a completely new data and analytics layer. Globaldev’s specialists joined Gentrack to design and develop the solution. Now, the Gentrack Logical Data Model provides a unified source and a comprehensive customer view, facilitating quicker report, dashboard, and analytics generation, while also supporting the integration of AI/ML applications atop a multitude of pre-established utility-focused KPIs. Need more info on this case? Click here https://globaldev.tech/case-studies/data-and-analytics-services-for-cleantech-solutions-provider
Fintech is revolutionizing the lending industry. For many years, getting a loan required heading to a local bank branch, sitting down with a loan officer, and pouring over the details of your financial life. Today, consumers can access loans in seconds with a few taps on their smartphones.
Borrowers no longer need a decade of on-time credit card payments to qualify for a loan. Using AI, big data, secure API connections to banking data, and other technological advancements, lenders can access hundreds of data points about borrowers’ financial habits and make informed lending decisions faster. Fintech also powers peer-to-peer (P2P) lending solutions, allowing a retiree in Florida to loan money to a single parent in Germany or a small business owner in Paris.
Fintech lending empowers traditionally underserved P2P and business borrowers by providing an alternative means of funding and helps improve financial health and freedom. Lenders gain access to more data, allowing them to securely provide capital to a wider range of borrowers.
Moreover, fintech lending reduces the time and the physical barriers to traditional lending. With a fintech lender, a borrower in a rural area can apply and secure funding in minutes without ever setting foot in a physical bank.
Are you into energy & utilities services provider and thinking about implementing next-gen energy management strategies and optimizing costs? With Globaldev as a software development partner, you can bring all your ideas to life. Reach out to our advisors, we are ready to assist you! Meanwhile, you can take a look at our case study https://globaldev.tech/case-studies/staff-augmentation-for-energy-utility-provider
Fred Weiersmueller
published this page in Forum
2018-08-22 16:00:16 -0400
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The popularity of P2P solutions is growing rapidly due to the benefits they offer to both parties, so maybe it time to create your own P2P investment platform
https://globaldev.tech/case-studies/reseach-and-development-team-for-fintech
https://globaldev.tech/case-studies/data-and-analytics-services-for-cleantech-solutions-provider
Borrowers no longer need a decade of on-time credit card payments to qualify for a loan. Using AI, big data, secure API connections to banking data, and other technological advancements, lenders can access hundreds of data points about borrowers’ financial habits and make informed lending decisions faster. Fintech also powers peer-to-peer (P2P) lending solutions, allowing a retiree in Florida to loan money to a single parent in Germany or a small business owner in Paris.
Fintech lending empowers traditionally underserved P2P and business borrowers by providing an alternative means of funding and helps improve financial health and freedom. Lenders gain access to more data, allowing them to securely provide capital to a wider range of borrowers.
Moreover, fintech lending reduces the time and the physical barriers to traditional lending. With a fintech lender, a borrower in a rural area can apply and secure funding in minutes without ever setting foot in a physical bank.
Sounds interesting? Then this awesome case study about Loan processing system with a custom admin panel is definitely for you!
https://globaldev.tech/case-studies/custom-loan-processing-system
https://globaldev.tech/case-studies/staff-augmentation-for-energy-utility-provider