Embedded Lending for Complete Beginners – Introduction, Business Value, Use Cases, and PotentialÂ
In the last few years, the embedded finance market has grown into a global $43bn industry and is expected to reach 7 trillion market value within the next 10 years or sooner. At TurnKey Lender our team has been pioneering the embedded finance revolution for years, promoting the idea that any business can be a […]
Business loan application process powered by TurnKey Commercial
Business lending automation has never been this flexible and easy-to-use. Neither for the lender nor the borrower. In this demo we’ll show how TurnKey Lender Commercial and how your borrowers will interact with your new platform. Everything you see during the demo is fully configurable from your dedicated backend and is fully white label making […]
Maximizing embedded lending ROI – how to enter 2024 equipped for point-of-sale financing Â
Credit at the point of sale is an elegant and obvious idea that technology has only now become able to automate confidently. Empowered by embedded finance platforms, the Pay Later market is expected to top $1 trillion in 2026 – an eleven-fold increase over its standing in 2019, say industry experts. Dmytro Voronenko, CEO […]
9 Things SMEs Look for in a Commercial Lender in 2024
As lending niche entry barrier lowers due to the development of FinTech, competition grows. Big banks have established names and loyal client bases going for them, and alternative credit providers keep improving user experience, simplifying onboarding, and lowering interest rates. That leaves new lending market players in a tricky position where they have to compete […]
In-depth Guide to Digital Lending Cybersecurity in 2024
Interpol reports a 569% growth in malicious registrations, including malware and phishing, and a 788% growth in high-risk registrations. And it’s just the ones that were detected and reported. And since the trend toward the migration of businesses online, the potential for increased financial benefit will see cybercriminals continue to ramp up their activities and […]
Setting up automatic loan origination process that meets your requirements in 2024
Loan origination is what makes or breaks a lending business. It is also the most challenging part of credit because it’s where you can avoid most of the risk by doing most of the analysis. The only way to learn about a borrower and evaluate the risks of giving them money used to be having […]
Non-Profit Lenders Want — and May Need — to Demonstrate Their Impacts on the Communities They SupportÂ
Along with increased funding for underserved communities further disadvantaged by the coronavirus pandemic and its economic impacts. Black workers suffered record job losses early in the public-health crisis — and have been disproportionately exposed to ongoing risk of Covid infection as “essential workers” — a threat that extends to immediate family members, according to the Economic Policy […]
Top 10 trends in digital lending for 2023Â
This is a column by Dmytro Voronenko, Ph.D. Digital lending keeps rapidly evolving despite the soaring cost of capital accompanied by geopolitical and economic turbulences. There remains a huge growth potential for innovative lenders. And in this transformative time, it’s more important than ever to understand what trends will drive and affect the digital lending […]
Introduction to Factoring & Invoice Financing for Your Digital Lending Operation
Running a small business is hard enough as is. But the reality we live in is such that in addition to the challenges of finding customers, paying rent, controlling quality and delivery of goods or services, one has to deal with the fact that more or less 60% of invoices are paid late. The idea […]
How to manage AML and KYC as a digital lender in 2024
If you’re just planning to enter the digital lending market, regulatory compliance may seem like an insurmountable hurdle. But it’s not. In this in-depth guide we’ll break down what you need to know to safely become a digital lender and unlock the improved retention, profits, and client returns.   The key terms you will hear […]
White paper: the ultimate BNPL guide for B2C and B2B companies
By 2025, the global BNPL industry will grow 10-15x its current volume — topping $1T in annual gross merchandise volume. Both B2C and B2B businesses have noticed that despite any pushback, BNPL quickly becomes a must-have payment option. And more entrepreneurs each day realize that it’s better to control this monetization and retention tool instead […]
Getting started with buy now pay later in the B2C space – crucial choices and how to make themÂ
Now that we’ve covered all the basics of the BNPL industry and automation in our buy now pay later guide, Let’s dig deeper to enable you to make the right decisions for your business when implementing a pay later functionality operation. What we’ll cover But first, wanted to check if you (or your staff) would […]
