Any consumer facing business is never far away from disruptions. The financial industry is one undergoing rapid upheavals. The way financial institutions and banks are lending money to their customers is now driven by digital systems and loan management softwares. Apart from the traditional financial institutions, there are numerous peer to peer lending platforms creating consumer centric solutions. Here we look at some of the changes that are creating a positive transformation in the lending industry:
Digital transformation is changing the way companies work, communicate, create products/services and deliver it to their customers. The software as a service (SaaS) allows companies to create frictionless ways of providing their products & services to the customers. The products and services can be delivered to the customers over internet, resulting in ease and ubiquitous access.
Gone are the days when software programs were used by geeks. Today every field and industry makes use of application softwares to get things done. Application software is used by majority of people for accomplishing their day to day tasks. Read More “11 UX Design Tips for Application Software”