Rise of Digital-Only Banks-latest

How fintech is revolutionizing :   What Are Digital-Only Banks? Financial firms that conduct all of their business online are known as digital-only banks, neobanks, or challenger banks. All of…

Why do banks or lenders demand collateral against loans?

Answer : What is Collateral : Collateral is an asset or property that a borrower offers to a lender to secure a loan. If the borrower fails to repay the…