My previous post described the underlying financial technology and its current list of consumers. But of what use is such a\u00a0discussion if there is no one to supplement the technology with a good business idea? What if there is an application that can fetch information regarding an applicant (which probably by no means is an easy task) in a relatively short period of time\u00a0and come up with reports. Yes, this would involve a high stakes contract with the government and credit unions and what not. We have access to both ends of the technology spectrum – from the latest in memory databases (hardware) to the always enhancing machine learning knowledge (software).<\/p>\n
An application (if developed) might involve\u00a0gathering and storing data from various sources such as – Credit Bureau, DHS etc. And all this needs to be transmitted\/ stored in a secure way that would adhere to the data privacy standards. Because, the systems in context are capable of handling such huge data and have a capability to process it as\u00a0well; I feel that working on plausibility of such an application is not totally out of the blue and might be realized at some point in the future. What are your thoughts?<\/p>\n","protected":false},"excerpt":{"rendered":"
My previous post described the underlying financial technology and its current list of consumers. But of what use is such a\u00a0discussion if there is no one to supplement the technology with a good business idea? What if there is an application that can fetch information regarding an applicant (which probably by no means is an … Continue reading Evolution of FinTech: Productive Credit Checking Process<\/span><\/a><\/p>\n","protected":false},"author":1859,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1323","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":1,"qubely_featured_image_url":null,"qubely_author":{"display_name":"vdeorukhkar","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/vdeorukhkar\/"},"qubely_comment":1,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"My previous post described the underlying financial technology and its current list of consumers. But of what use is such a\u00a0discussion if there is no one to supplement the technology with a good business idea? What if there is an application that can fetch information regarding an applicant (which probably by no means is an…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1859"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1323"}],"version-history":[{"count":2,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1323\/revisions"}],"predecessor-version":[{"id":1342,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1323\/revisions\/1342"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}