Have you ever held onto something just because you’ve already invested time, money, or effort into it, even if it wasn’t making sense anymore? If yes, then you’ve encountered the concept of sunk costs. In this blog, we’ll break down…
The Global Fintech Festival was held from September 5th to 7th, 2023, in Mumbai. It is one of the world’s largest fintech conferences. This event is a collaborative effort between key organizations such as the National Payments Corporation of India…
Jumbo loans have witnessed a surge in popularity within the realm of home financing, particularly among individuals searching for upscale properties. These are designed to provide borrowers with larger loan amounts. Jumbo loans offer unique opportunities and challenges which enables…
In Today’s world, income inequality is a significant concern for many people. With technological advancement, more financial services are being provided through digital mediums. As a result, financial technology has become a popular way to access financial services like investing,…
With this ever-growing technology, consumers and producers are turning towards digital payment methods from traditional payment methods to make transactions, which have proven to be faster, easier, and more convenient. An electronic check, or E-check, is a digital payment method…
Due diligence allows Fintech companies like PayMe to analyze and mitigate risk from any investment or business decision. In addition, due diligence helps in identifying potential risks and opportunities before entering any business transactions. In this blog, we’ll understand how…
Blockchain is a groundbreaking technology that has taken on the world by disrupting old traditional systems and introducing new scope for security. It contains blocks that contain transactional data and other information. It is a decentralized technology that records, stores,…
Due to the rise of Fintech companies like PayMe, the finance world has undergone a massive transformation in the past few years. Fintech companies rely on technologies to provide their consumers with advanced services and products, which has helped them…
Transformed by the emergence of Fintech companies like PayMe, the consumer lending industry uses technology to provide various lending models that offer fast, affordable, and personalized credit. Fintech lenders use Data Analytics and Artificial Intelligence to gain access to borrowers’…