Press release
What’s driving the digital lending platform market analysis? | by key players Finastra, Decimal Technologies, Built Technologies, Agro, Rupeepower, TurnKey Lender, Docutech
Various applications included in the digital lending platform market include credit unions, BFSI, insurance companies, P2P lenders, and retail banking. The P2P lenders application is projected to grow at the fastest rate as they offer a purely digital platform that matches a borrower with an individual or institutional lender, facilitating digital transactions. This platform plays a continuous central role in managing the relationship between the participating parties, supporting repayment & collection processes and easing the lending process.
Request for an in-depth table of contents for this report @
https://www.gminsights.com/request-toc/upcoming/3019
Digital Lending Platform Market is predicted to witness exponential CAGR to 2024 due to the proliferation of smartphones and rapid digitalization. The digital lending platform implies a complete digital experience of loan initiation. The introduction of digital platforms for portfolio management and loan origination assists in meeting the needs of financial institutions and the demands of their client base. Furthermore, stringent government regulations for digital lending will affect the market demand.
Various solutions covered under the component segment include loan origination, decision automation, loan servicing, portfolio management, loan management, risk and compliance management, and business process management. The decision automation segment is anticipated to grow at the fastest rate as it is essential for digital lending providers such as credit unions, supply chain lenders, and banks to automate their processes for lending or rejecting loan requests. This will assist officials in saving their time over redundant tasks thereby improving business productivity. The business process management solution accounts for the highest revenue in the digital lending platform market as it optimizes the business efficiency by appropriately managing the lending function with the aid of software and services.
North America rules the global digital lending platform market due to new innovations and the adoption of advanced technologies. Various banks operating in this region are adopting the advanced digital lending platform to improve their customer service experience. For instance, in October 2018, HSBC Bank U.S. partnered with Avant, Inc. to launch a digital lending platform. This platform will enable the company’s U.S. clients an easier and quicker solution to apply for personal online loans.
Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/3019
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Fiserv
• Nucleus Software
• Newgen Software
• Sigma Infosolutions
• CU Direct
• FIS Global
• Roostify
• HiEnd Systems
• Finastra
• Decimal Technologies
• Built Technologies
• Agro
• Rupeepower
• TurnKey Lender
• Docutech
• Tavant Technologies
• Temenos
Browse Full Report: https://www.gminsights.com/industry-analysis/digital-lending-platform-market
Some of the major players operating in the digital lending platform market are Fiserv, Nucleus Software, Newgen Software, Sigma Infosolutions, CU Direct, FIS Global, Roostify, HiEnd Systems, Finastra, Decimal Technologies, Built Technologies, Agro, Rupeepower, TurnKey Lender, Docutech, Tavant Technologies, Temenos, and Pegasystems. These players are constantly entering into strategic partnerships and acquisitions with various financial institutions and banks for expanding their market presence and gaining a competitive edge.
Browse Related Report:
Automotive Part Cleaners & Degreasers Market Size By Product (Cleaners [Brake Cleaners, Engine Flush Cleaners, Carburetor Cleaners, Catalytic Converter Cleaners], Degreasers [Engine Degreasers, Transmission Degreasers, Exhaust Parts Degreasers]), By Type (Water-Based, Solvent-Based), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two Wheelers), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Poland, Czech Republic, China, India, Japan, South Korea, Thailand, Indonesia, Malaysia, Australia, Brazil, Iran, Egypt, Morocco, Algeria, Tunisia, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024
https://www.gminsights.com/industry-analysis/automotive-part-cleaners-and-degreasers-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://solutionrocket.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What’s driving the digital lending platform market analysis? | by key players Finastra, Decimal Technologies, Built Technologies, Agro, Rupeepower, TurnKey Lender, Docutech here
News-ID: 1779939 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Technologies
What's Driving the Microprinting Market Growth? Hewlett Packard Enterprise, Hita …
Rising awareness regarding counterfeiting in various sectors is expected to increase microprinting market share over 2019-2025. Increasing fraudulent activities with regards with official documents is encouraging implementation of security printing techniques to detect counterfeiting.
According to OECD (Organization for Economic Co-operation & Development), the trade in pirated and counterfeit goods accounts for 3.3% of global trade. The increased frequency of plagiarism is forcing industries to employ security features to assure authenticity…
Global 3D Sensors Market 2020-Infineon Technologies, Microchip Technology, Omniv …
The Global 3D Sensors Market report gives a purposeful depiction of the area by the practice for research, amalgamation, and review of data taken from various sources. The market analysts have displayed the different sidelines of the area with a point on recognizing the top players Infineon Technologies, Microchip Technology, Omnivision Technologies, PMD Technologies, Softkinetic, Asustek Computer, Cognex Corporation, IFM Electronic GmbH, Intel Corporation, LMI Technologies, Microsoft Corporation of the…
Silicon Photonics Market | Infinera, NeoPhotonics, Avago technologies, Luxtera, …
The lucrative opportunity foreseen to boost silicon photonics market mainly is surging demand for data and telecom communication. Key players such as Cisco are observed as making heavy investments in silicon photonics market for attaining large market share and elevating its global position in silicon photonics market at the market’s nascent stage.
HPC (High Performance Computer) and Data Centers to Lead in Silicon Photonics Market
HPC (High Performance Computer) and data centers…
Global 3D Sensor Market 2018 - Omnivision Technologies, Occipital, Infineon Tech …
The report gives the detailed overview of Global "3D Sensor" Market 2018 and predicts future market trends throughout the forecast period from 2018 to 2025. Also the report executes the great study of Price and Gross Margin, Capacity, Production, Revenue, current geographical zones, technology, demand-supply, Consumption, Import, Export, Market Drivers and Opportunities. In this Professional report, we have investigated the principals, players in the market, product type, and market end-client…
Advanced Battery Fuel Cell Material Market companies Exide Technologies, Eco-Bat …
Advanced batteries and fuel cells supplies power to portable and stationary power supplies, uninterruptable power systems; and military equipment and vehicles. Fuel cells are basically electrochemical devices that combine hydrogen and oxygen to produce electricity. Unlike batteries, they can continuously generate and supply electricity till the time fuel source is connected to it. Based on type, the battery materials can be classified into metals (lead, steel, antimony, zinc and other…
3D Sensor Market: Omnivision Technologies, Occipital, Infineon Technologies
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global 3D Sensor Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This report studies the global 3D Sensor market status and forecast, categorizes the global 3D Sensor market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and…
