The finances of the nation of India are a very hot topic these days and everyone is discussing finances from chaiwalas to the very elite economists and even the noble laureates too now. So with all these people discussing financial issues is there anyone with a valid solution that we can use and stabilize the financial crunch that we have been facing.
The finances have been changing as the way the people are managing it is changing drastically. Financial digital platforms have been a major cause to this change in the situation of finances of the nation. India’s second digital finance platform LendingAdda, who offer complimentary credit reports, has exceeded 700,000, which is the number of people using its platform. The platform is known to design risk strategies and innovative financial products that are directly accessible for the users to benefit from , the platform uses a cutting edge state of the art AI (Artificial Intelligence) technology and the AI driven platform is capable of analyzing peoples digital footprints and able to issue credit reports almost immediately to the users. These kind of financial platforms are making it easy for the customers to provide what the traditional banking has failed to and this will soon get to them as people are already eyeing to invest and use digital banking and financial services.
It will be interesting to see how the financial infrastructure changes in the near future with the prevalence of these services.
Tags : Finance changing , digital platforms,