Fintech is changing the way that consumers access credit, and auto lending is part of that process. The traditional model of dealership financing is too confusing and time-consuming to survive more intense competition. Fintech startups, established banks, and even dealerships could offer customers faster approval, more choices, and perhaps better terms. Embracing change is the […]
The idea of financial convergence has been around at least since the 1990s, but the process is accelerating. Banks, Big Tech, and fintech start-ups are increasingly working together on joint projects or competing directly in the same markets. A coming financial convergence is behind all of these interactions. A similar convergence has already taken place […]
Most businesses realize that data analytics can increase sales and boost productivity, but there are also benefits for AI. Analytics require automated access to current data sources and the ability to put information to use quickly. That is exactly what we need for the successful deployment of artificial intelligence. By investing in data analytics, firms […]
Remember how technology was supposed to make life easier in the future? Today, most people struggle to keep up with multiple bank accounts, ever-expanding investment options, and endless security threats. The success of companies like Apple and Google shows that there is a real demand for simpler technology. The future of fintech will also be […]
The Belgian niche bank CKV has selected AroTRON Debt Management platform to manage their loans portfolio and automate their debt collection, recovery and restructuring processes, in order to make its application landscape complete and future proof. The Company CKV is an unlisted, independent, stable, Belgian niche bank that has been active throughout Belgium since 1956 […]
Have you heard about the NPL tsunami? Different players in the NPL market have expressed their worries about rapidly worsening bank asset quality and an ensuing ‘NPL tsunami’ from the COVID pandemic. Those challenges have not materialised so far and one reason for keeping them on hold is clearly the policy mix that governments have […]
On 24 November 2021, the European Parliament approved the final version of Directive 2021/2167 which addresses high levels of non-performing loans held by banks in the European Union (the NPL Directive). The Directive has been under discussion since 2018. The accelerated legislative process to approve the Directive last November could have been triggered by the […]
