Effective model risk management is crucial in fintech, where data-driven decisions carry high stakes. It requires following regulatory guidelines, continuously monitoring model performance, and investing in employee education, among other best practices. While the process can be complex, the right mechanisms make it entirely manageable. Understanding Model Development Fintech companies leverage advanced machine learning and […]

The world of finance is undergoing a transformation, and at the forefront of this change is the rise of Buy Now, Pay Later (BNPL) services. Embedded lending, particularly through BNPL models, is reshaping consumer finance by offering flexibility and convenience. This blog explores the various lending products within the BNPL ecosystem, highlighting installment loans and

The holiday season often brings a surge in consumer spending, but its aftermath can present significant challenges for lenders. Many borrowers enter the new year juggling credit card bills and loan repayments, creating an environment ripe for increased default risks. By understanding the underlying drivers of these defaults and leveraging advanced analytics, lenders can mitigate

The holiday season is synonymous with celebration, generosity—and for many, heightened financial activity. To meet rising consumer demands, lenders must adapt to evolving borrowing patterns, fueled by expenses such as gifts, travel, and festive gatherings. From Buy Now, Pay Later (BNPL) solutions to personal loans, this seasonal surge presents opportunities for growth while highlighting the

Most reports indicate that the global digital lending market is valued at more than $11 billion. Yet 75% of fintechs – a statistic that includes online lenders – are expected to fail within their first few years of operation. For those that don’t fail, many don’t realize their profit potential because their loan products aren’t fully optimized. If you