Aspiring entrepreneurs from third-world countries and underprivileged communities often find it impossible to fund their dreams by applying for loans. This is because of their lack of credit history or sometimes even little to no access to formal financiers. However, fortunately, microlending apps such as Kiva are here to change the state of small businesses in dire need of funding. But how does the US-based online microfinance company Kiva really work?
Allen Victor
Recent Posts
How Do Micro Lending Platforms Work?
The most wholesome and altruistic innovation to come out of the FinTech, or financial technology domain is that of microlending apps and platforms. Micro lending platforms leverage peer-to-peer (P2P) technologies to offer loans to small businesses as well as personal microloans to individuals without a standardized credit history.
Topics:
Fintech
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How IoT Allows Precise Location-Based Tracking
The Internet of Things (IoT) sees most of its usage in the domain of asset tracking. Companies can make better decisions about their products if they can keep track of where their precious cargo is and therefore, location-based applications of IoT have always been dominant use cases.
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Internet of Things (IoT)
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How Enterprises Are Implementing AI 2.0
Every industry and business sector in the world has been making breakthroughs in widespread Artificial Intelligence (AI) implementation. This has been so prevalent that the very landscape of AI has been constantly transforming. The accumulation of so many breakthroughs is ushering in a new stage for AI; referred to popularly as AI 2.0.
Topics:
Artificial Intelligence
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How To Fix Breakpoints In Agile Adoption
Most thought leaders and technology pioneers across industries have been fascinated by how DevOps can transform software development workflows. DevOps can be thought of as an evolution of Agile practices and takes the innovations of the Agile approach forward in creative ways. In the initial stages of embracing Agile, companies must strategize wisely to make the shift.
Topics:
Software Development
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How IoT Impacts The Finance Sector
The various applications of the Internet of Things (IoT) have helped companies across the board to automate processes and improve their bottom line. This technology is doing wonders for the finance sector in improving service delivery, making customer transactions more transparent, and making the overall process of money exchange more efficient.
Topics:
Internet of Things (IoT)
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How Transformer Models Optimize NLP
The scope of innovation in Artificial Intelligence (AI) is vast and the field of Natural Language Processing (NLP) is setting new benchmarks for it every day. What is redefining the way we approach the completion of tasks through NLP is a novel architecture known as Transformer-based architecture. The dynamic problem solving employed using NLP is enhanced tenfold through this novel architectural model.
Topics:
Artificial Intelligence
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How To Accelerate The Data Analytics Process
How does one measure the success of an organization in the age of insight and business intelligence? Enterprises today run on a strong foundation built on the clarity and efficiency of the data that they possess. Highly beneficial data analytics that gleans business insights faster is the lifeblood of the data economy and every business' evolution is plainly dependent on analytics.
Topics:
Digital Transformation
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What Is DataOps And Why Is It Relevant?
DataOps is a collection of methodologies that has been taking the data management domain by storm. As we know, DevOps is the natural result of applying lean principles such as broad focus and continuous improvement to application development and delivery. DataOps takes these principles and applies them to data science.
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DevOps
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How DevOps Helps Banks Optimize Their Services
A world-renowned bank's CEO was recently quoted as saying that, while there are thousands of manual banks now, the future will see only a handful of digital banks. Along with the rest of the world's critical business sectors, an overwhelming number of banks are also shifting to virtual platforms. This migration is being orchestrated by some of the best DevOps resources that the global FinTech sector has to offer.
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DevOps
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