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This credible robust infrastructure has paved the way for financialinstitutions, including the NBFCs, to reach areas that were earlier dismissed as “unserviceable.” Technology can help with automating the processes for loan application, underwriting and closing the loan at speed without having to hire more staff.
First brought to market in the early 80s the system has over the decades earned its title as the leading market data source and a must have for any financialinstitution looking to execute in the markets. For this reason, the system is favoured by institutional investors as opposed to individual ones.
A payment service provider (PSP), also known as a merchant service provider , is a third-party entity that facilitates electronic payment transactions for merchants. Operating across various payment networks , PSPs ensure seamless connectivity between different financialinstitutions and payment systems. What is a PSP wallet?
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