How Fintech is Driving the Lending Industry
The Fintech industry has seen a substantial uptick amid the COVID-19 pandemic, largely as a result of rapidly increasing criminal activity across the cybersphere. Hackers are using the new digital landscape to target banks and lenders, leaving their customers vulnerable to attack. Fintech is strengthening the virtual framework of leading lenders to protect clients and staff from data loss and identity theft. Read on to learn how technology is helping to protect borrowers and lenders during the remote boom.
Supporting Big Data
Even before the world moved online last April, the Internet of Things and rapidly increasing connectivity has completely shifted the way consumers and lenders send information back and forth. Paper trails have largely disappeared, and all of the personal ...