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Fintech has become the latest industry buzzword. Today, Fintech is helping lenders to access and use the most robust and real-time financial data of their customers/borrowers.
Source: https://cashflowconsultant.wordpress.com/2021/06/29/how-fintech-and-data-can-improve-your-loan-origination-process/
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As a bank, credit union, or non-banking financial institution, you’re probably gathering an unprecedented amount of data about your borrowers or customers. After all, data has the ability to identify and analyze your most deserving customers to make better lending decisions.
Reference: https://peterthiel.livejournal.com/468.html
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