#digital lending in India

[bishtmeenakshi]

India Digital Lending Market is in Growing Stage, Being Driven by Digitization in the country along with the presence of 100+ Players in the Industry: Ken Research

Digital Lending Platforms are addressing the huge unmet demand for credit as the Market has grown @ CAGR 131.9% During FY’2017-FY’2022.

     

 To Know More on this report, Download free Sample Report

India’s market for digital lending has grown from INR 116.7 billion in FY’2017 to INR 3,377.7 billion in FY’2022P. The growth is supported by the need for superior customer experience, emerging business models, faster turn-around time, and adoption of technology like AI. Customers are adopting digital avenues as a result of the rise in smartphone usage and internet penetration. Digital channels influence 40 to 60% of loan purchase transactions across loan types.

2. Loans through Digital Channels on NBFCs has increased from 0.6% in FY’2017 to 53.0% in Dec, 2020 owing to the rise in BNPL schemes and lower interest rates offered by the Lending Platforms.

  Visit this Link Request for custom report

Commercial banks are rapidly joining the genre of financial intermediaries either lending digitally on their own or joining with NBFCs to share the synergies. The Digital Lending Company’s requirements are lower, and the process is significantly quicker. They need just a bank account as a reference point where loans can be credited and therefore % of Loans through Digital Channels are higher with NBFCs. The flexibility that BNPL schemes offer has completely transformed the digital lending market, particularly for younger shoppers, who are happy to trade traditional credit cards for more user-friendly BNPL schemes. The rapid uptake of Buy Now, Pay Later (BNPL) propositions, particularly within the retail sector, continues to drive major growth and new opportunities for NBFCs in India.

3. Rising Internet Penetration, Rise of innovative Models and an enabling regulatory environment are some of the Major Driving Factors for Digital Lending in India

 To Know More on this report, Download free Sample Report      

Higher penetration of smartphones, increasing number of mobile phone subscriptions coupled with inexpensive data has result in the growth and also supported the awareness and adoption rate of Digital Lending in India’s population. The popularity of Digital Lending has increased in India owing to NBFCs platforms collaborating with other digital platforms such as e-commerce, ride hailing, travel, logistics and more, resulting in higher acceptance of digital lending from various customer segments in the country. Digital Lending Pioneered by NBFCs, have now resulted in Companies from various segments coming up with multiple new models of doing business such as Digital Lending Marketplaces, POS Transaction Lending, Bank and NBFCs partnership models and more.2

4. Digital Lending Market to Reach INR ~15,000 billion by FY’2027 Making Digital Lending a Sector with the Highest Penetration by Digital Channels in the Country.

     

To more about industry trends, Request a free Expert call

Strategic partnerships and collaborations between traditional financial institutions and new-age Lending Platforms. Plus, easy market entry and targeted loan offerings due to availability of large sets of customer data, which can give collective and individual insights. Changing consumer behavior and expectations shaped by purchase/ transaction experiences offered by e-marketplaces like food delivery, e-commerce and travel portals.

[paisainvests-1]

Could we take a loan from a mobile app?

loan from a mobile app: In today’s fast-paced world, convenience is king. Enter mobile app loans, a relatively new player in the financial arena that’s catching everyone’s attention. But what exactly are these loans, and how do they work? Are they as great as they sound, or is there more to the story? Let’s dive into the world of mobile app loans to uncover their secrets and figure out if they’re a good fit for your financial needs.

What is a Mobile App Loan?

A mobile app loan is exactly what it sounds like a loan that you apply for and manage through a mobile application. These apps offer a streamlined process for getting a loan without the need to visit a physical bank. Essentially, they bring the bank to your fingertips.

Suggested Articles: Best Financial Advisor in Gurugram | Financial Advisor

How Mobile App Loans Work

Application Process

Applying for a mobile app loan is as simple as downloading an app, filling out a form, and pressing submit. Here’s a quick rundown:

Download the App: Start by downloading the loan app from your preferred app store.

Fill Out the Application: Enter your details, including income, employment status, and credit history.

Submit and Wait: After submission, the app processes your information and lets you know if you’re approved.

Approval and Disbursement

Once you’re approved, the funds are usually transferred directly to your bank account or a digital wallet. The speed of this process can vary, but many apps promise near-instant disbursement.

Suggested Articles: Best Student credit card Providers in Gurgaon | credit card

Advantages of Mobile App Loans

Convenience and Accessibility

Imagine being able to apply for a loan while lounging on your couch or waiting in line at the supermarket. That’s the beauty of mobile app loans—they offer unparalleled convenience. No more scheduling appointments or waiting in line; you can get a loan from anywhere, anytime.

Quick Processing Times

Time is money, and mobile app loans know that. Many apps boast quick approval times, often within minutes. This means you can get the funds you need fast, which is perfect for unexpected expenses.

Minimal Paperwork

Traditional loans can involve heaps of paperwork and bureaucratic hurdles. Mobile app loans simplify things with minimal documentation. You’ll often need just a few documents to verify your identity and income.

Suggested Articles: Documents required for buying insurance

Disadvantages and Risks

High-Interest Rates

One downside to mobile app loans is that they sometimes come with higher interest rates compared to traditional loans. Lenders compensate for the risk and convenience with higher costs, so it’s essential to read the fine print before committing.

Risk of Fraud

With the rise of mobile apps, there’s also an increase in fraudulent activities. It’s crucial to ensure the app is legitimate and secure to avoid falling victim to scams. Always check for proper encryption and read reviews before downloading.

Limited Loan Amounts

Mobile app loans often have lower borrowing limits compared to traditional loans. If you need a substantial sum, you might find these loans insufficient for your needs.

Suggested Articles: Life Insurance Corporation of India (LIC) Online Payment

How to Choose a Reliable Mobile App

Research and Reviews

Before downloading any loan app, do your homework. Look for user reviews and ratings to gauge the app’s reliability and customer service. A well-reviewed app with a solid reputation is usually a safer bet.

Company Credentials

Verify the credentials of the lending company behind the app. Ensure they are licensed and regulated by financial authorities to ensure they operate within legal boundaries.

Suggested Articles: Best Insurance advisor in Gurugram 2024

Alternatives to Mobile App Loans

Traditional Bank Loans

If you’re wary of mobile app loans, traditional bank loans are a reliable alternative. While they might involve more paperwork and a longer approval process, they often come with lower interest rates and higher loan limits.

Online Lenders

Online lenders are another option. They combine the convenience of mobile apps with the reliability of traditional lenders. When choosing an online lender, look for those with good reviews and transparent terms.

Conclusion

Mobile app loans offer a convenient and fast way to access funds, but they come with their own set of advantages and disadvantages. They’re great for quick cash needs but may not be the best option for everyone due to higher interest rates and potential security risks. Always research thoroughly and consider your options before deciding. After all, the right loan for you is the one that fits your financial situation best.

By Paisainvests.com

[shrutim12]

Transformative Journey Of Poonawalla Fincorp Post-Magma Acquisition

In India's intricate financial fabric, the acquisition of Magma Fincorp by Poonawalla Fincorp in early 2021 represented more than a business transaction; it signaled a strategic move towards promoting financial inclusion and empowering marginalized communities. Guided by the visionary leadership of Abhay Bhutada, MD of Poonawalla Fincorp, and Adar Poonawalla, this acquisition laid the foundation for Poonawalla Fincorp's transformation into a prominent player in the Indian financial landscape. This article explores the strategic rationale behind the acquisition, the subsequent evolution into Poonawalla Fincorp, and the profound impact on advancing financial inclusion under Abhay Bhutada's stewardship.

Visionary Leadership and Strategic Acquisition

Under the astute leadership of Abhay Bhutada and Adar Poonawalla, the acquisition of Magma Fincorp by Poonawalla Fincorp in early 2021 was driven by a strategic vision to tap into the growing demand for financial services in India's tier-2 and tier-3 markets. Recognizing the untapped potential in these regions, the acquisition was seen as a strategic imperative to expand Poonawalla Fincorp's footprint and establish itself as a trusted financial partner across the nation.

Bhutada and Poonawalla envisioned Poonawalla Fincorp as more than just a regional entity; they aimed to transform it into a pan-India financial institution capable of serving the diverse needs of customers nationwide. By broadening its geographical reach, the company could access new growth opportunities and solidify its position as a prominent player in the financial services sector.

Abhay Bhutada's strategic foresight and leadership played a pivotal role in driving the acquisition process. His vision and determination propelled Poonawalla Fincorp towards a transformative journey, emphasizing the company's commitment to fostering financial inclusion and empowerment across India.

Also Read: Leadership In Action: Amit Shah And Narendra Modi's Impact On Security And Business Environment

Rebranding and Repositioning

The rebranding of Magma Fincorp as Poonawalla Fincorp in July 2021 marked a significant shift in the company's identity. It was more than just a cosmetic change; it signified a strategic realignment towards a customer-centric approach, highlighting the company's dedication to driving financial inclusion and empowerment.

Under Bhutada's leadership, Poonawalla Fincorp articulated a bold vision to become India's most trusted financial services brand. This vision served as a guiding principle for the company's strategic initiatives and operational decisions, driving it towards excellence and innovation.

Following the acquisition, Poonawalla Fincorp underwent a comprehensive overhaul of its product portfolio to better cater to its diverse customer base. With a renewed focus on consumer and MSME lending, the company introduced innovative products tailored to meet the aspirations and requirements of its target audience.

Digital Transformation as a Strategic Imperative

Recognizing the critical importance of digital transformation in staying competitive, Poonawalla Fincorp embraced technology to enhance operational efficiency, streamline processes, and deliver superior customer experiences.

Investments in digital infrastructure enabled Poonawalla Fincorp to provide seamless and personalized experiences to its customers. From online loan applications to digital payment solutions, the company leveraged technology to simplify processes and enhance accessibility.

Strategic investments in advanced analytics and AI-driven insights empowered Poonawalla Fincorp to make informed decisions and drive operational excellence. By harnessing data-driven insights, the company could better understand customer behavior, mitigate risks, and optimize business processes.

Also Read: How Digitalization Has Empowered Citizens From Small Towns?

Maximizing Synergies

The successful integration of Magma Fincorp into the Poonawalla Fincorp ecosystem highlighted the synergy between the two entities. By leveraging their strengths and shared resources, Poonawalla Fincorp emerged as a formidable player in the financial services sector.

The acquisition bolstered Poonawalla Fincorp's capabilities in risk management, distribution, and customer service. Leveraging Magma Fincorp's expertise, the company expanded its reach and delivered superior value to customers while effectively managing risks.

Bhutada's emphasis on cultural integration fostered a sense of unity and purpose among employees, laying the groundwork for sustained growth and success. This cohesive culture facilitated a smooth transition and encouraged collaboration across teams, driving innovation and excellence.

Poonawalla Fincorp nurtured a culture of innovation, encouraging employees to explore new ideas and approaches. By fostering innovation, the company remained agile and responsive to market dynamics, setting new standards of excellence in the industry.

Championing Financial Inclusion

At the heart of Poonawalla Fincorp's mission lay a commitment to driving financial inclusion and empowerment. By offering affordable credit and innovative financial solutions, the company played a pivotal role in fostering economic growth and prosperity in underserved communities.

Through visionary leadership, strategic acquisitions, and a relentless focus on innovation, Poonawalla Fincorp set new benchmarks for excellence in the financial services industry. The company's transformative journey epitomizes its commitment to driving sustainable growth and creating value for all stakeholders.

Also Read: nveiling the Traits of Non-Collateral NBFC Services 

Conclusion

The acquisition of Magma Fincorp by Poonawalla Fincorp marked a significant milestone in the company's journey toward becoming a pan-India financial services leader. Under Abhay Bhutada's visionary leadership, Poonawalla Fincorp redefined standards of excellence, setting new benchmarks for innovation, customer-centricity, and operational efficiency. By leveraging strategic acquisitions, embracing digital transformation, and fostering a culture of innovation, Poonawalla Fincorp is poised to drive financial inclusion and empower millions across India to realize their aspirations and dreams.

Under the guidance of Abhay Bhutada and Adar Poonawalla, the acquisition of Magma Fincorp by Poonawalla Fincorp in early 2021 was a strategic move to tap into the growing demand for financial services in India's tier-2 and tier-3 markets. Recognizing the untapped potential in these regions, the acquisition emerged as a crucial step to expand Poonawalla Fincorp's reach and establish itself as a trusted financial partner across the nation.

[namanrohilla]

Can Fintech Disrupt Traditional Banks? The Battle for Borrowers in India's Digital Lending Market

The digital lending market is experiencing a meteoric rise across the globe, and India is no exception. Fueled by growing smartphone penetration, increasing internet access, and a young, tech-savvy population, India's digital lending market is poised for exponential growth. This blog delves into the heart of this dynamic market, exploring its size, key players, and future trends using compelling statistics.

Market Size: A Booming Landscape

Let's begin by establishing the sheer scale of the digital lending market. According to a report, the Indian digital consumer lending market is projected to surpass a staggering USD 720 billion by 2030, representing nearly 55% of the total digital lending market opportunity in the country. This translates to a Compound Annual Growth Rate (CAGR) of a robust 22%, signifying the rapid expansion of this market segment.

Global Context: A Flourishing Ecosystem

The global digital lending platform market size is projected to reach a colossal USD 40.02 billion by 2028, with a CAGR of 21.7%. This growth is driven by factors like:

Financial Inclusion: Digital lending platforms offer a wider range of credit options to previously underserved populations, fostering financial inclusion.

Convenience and Efficiency: The streamlined application process and quicker loan approvals associated with digital lending platforms attract borrowers seeking faster access to credit.

Data-Driven Decision-Making: Lenders leverage alternative data sources and advanced analytics to assess creditworthiness, expanding the reach of financial services.

Digital Lending Market in India

While the global market thrives, India presents a unique landscape with its own set of characteristics:

Market Share: Despite the rapid growth, digital lending still holds a relatively smaller market share compared to traditional lending institutions in India. However, this is expected to change as digital platforms gain wider acceptance and trust.

Factors Driving Growth: India's vast unbanked population, increasing smartphone penetration, and government initiatives promoting digital financial services are all contributing to the surge in digital lending.

Digital Lending Platform Market: Major Players

The Indian digital lending platform market boasts a diverse range of players, each vying for a share of this burgeoning market. Here are some of the prominent names:

Paytm: A leading digital payments platform, Paytm offers various loan products such as personal loans, microloans, and merchant loans.

Bajaj Finserv: A well-established financial services company, Bajaj Finserv provides a range of loan products through its digital platform.

ZestMoney: This fintech company specializes in providing consumer credit for online and offline purchases, catering to a specific market segment.

Capital Float: Another prominent player, Capital Float offers SME lending solutions through its digital platform.

Market Trends

The digital lending market is constantly evolving, with several key trends influencing its future direction:

Focus on Artificial Intelligence (AI) and Machine Learning (ML): Lenders are increasingly adopting AI and ML to automate processes, personalize loan offers, and improve risk management.

Regulatory Framework and Consumer Protection: The development of a robust regulatory framework will be crucial for ensuring consumer protection and building trust in the digital lending ecosystem.

Collaboration Between Traditional Banks and Fintech Companies: Partnerships between established banks and innovative fintech companies can leverage the strengths of each entity to further propel market growth.

Expansion of Product Offerings: The introduction of new loan products tailored to specific needs, such as education loans or loans for small businesses, will cater to a wider range of borrowers.

Embracing Innovation and Building Trust

The future of the digital loans market in India is bright. By embracing technological advancements, fostering innovation, and prioritizing consumer protection, all stakeholders can contribute to a sustainable and inclusive digital lending ecosystem.

Here are some key takeaways:

For Borrowers: Conduct thorough research, understand loan terms and conditions carefully, and choose a reputable lending platform.

For Lenders: Develop responsible lending practices, prioritize data security, and build trust with borrowers.

For Regulators: Implement regulations that promote innovation while safeguarding consumer interests.

The online loans market in India holds immense potential to transform the financial landscape. By leveraging data, technology, and collaborative efforts, we can create a future where access to credit is easier, faster, and more inclusive for all.

Collaboration and a Shared Vision

The future of the market in India hinges on collaboration between various stakeholders:

Fintech and Traditional Banks: Partnerships can leverage the strengths of both entities - fintechs' agility and banks' established infrastructure - to create a robust and inclusive lending ecosystem.

Government and Regulatory Bodies: Collaboration can foster innovation while ensuring responsible lending practices and consumer protection.

Financial Literacy Initiatives: Educating borrowers about responsible borrowing and the risks associated with digital loans is crucial for building trust and promoting financial inclusion.

Conclusion

The digital lending market in India is on a transformative journey. By harnessing the power of data and technology, prioritizing responsible lending practices, and fostering collaboration, all stakeholders can work toward a future where digital lending empowers individuals and businesses, fostering financial inclusion and propelling India's economic growth. The digital lending revolution is here to stay, and with careful planning and collaboration, it has the potential to unlock a brighter financial future for millions in India.

[atulksposts]

For many, personal loans are the go-to for emergencies, with options from open market or financial institutions. Digital lending platforms, fueled by AI, streamline processes like credit scoring and fraud detection, aided by cloud computing for storage and scalability. Data science ensures personalized offerings while API and RPA enhance borrowing experiences. In India, these technologies promise vast growth potential in the digital lending sector, requiring adoption for seamless and secure lending.

[nickyysharmi]

Exploring Economic Futures: Insights from the WITT Global Summit 2024

In the unfolding narrative of India's progress, the compelling vision of Viksit Bharat 2047 stands tall as a guiding principle, directing the nation's discourse and policy trajectory. Recently, the vibrant halls of the WITT Global Summit in New Delhi reverberated with discussions orbiting this transformative vision, unveiling novel economic strategies indispensable for India's odyssey towards Viksit Bharat 2047.

The summit emerged as a fertile ground for thought leaders, policymakers, and industry titans to converge, exchanging insights and carving pathways that resonate with the overarching ambition of propelling India towards holistic development and global leadership by 2047.

Pioneering Economic Narratives

India's economic narrative is rich with tales of resilience, adaptability, and untapped potential. Despite navigating a labyrinth of challenges, spanning from infrastructural deficiencies to bureaucratic hurdles, the nation has consistently showcased its prowess in surmounting obstacles and sustaining robust growth. Economic reforms, technological leaps, and the demographic dividend have collectively propelled India onto the global stage, laying down a sturdy foundation for the audacious Viksit Bharat 2047 initiative.

At the core of this initiative lies a meticulously crafted economic roadmap aimed at nurturing and amplifying India's growth trajectory across all sectors. Financial leaders wield significant influence in advancing this roadmap, advocating for streamlined regulations, transparency, and innovation. They underscore the imperative of infrastructure development, digital transformation, and skill enrichment to fuel economic dynamism and empower the workforce for the journey ahead. Moreover, a steadfast commitment to financial inclusion and equitable resource allocation ensures that marginalized segments of society are not relegated to the periphery in India's quest for development.

Also Read: The Imperative of Good Governance and Ethical Practices in the Corporate World

Visionary Leadership Unveiled

At the WITT Global Summit, luminaries such as Abhay Bhutada, MD of Poonawalla Fincorp, shared their vision and strategies for realizing the lofty aspirations of Viksit Bharat 2047. Bhutada's emphasis on innovation, entrepreneurship, and inclusive growth underscores the pivotal role of financial acumen in steering impactful initiatives. By championing policies that prioritize sustainability, innovation, and equitable development, leaders like Bhutada aspire to propel India towards global economic leadership by 2047.

Finance Minister Nirmala Sitharaman reiterated the government's unwavering commitment to fostering comprehensive and inclusive growth, emphasizing the overarching goal of transforming India into a developed nation by 2047. Her focus on holistic development and societal inclusivity mirrors the government's unwavering dedication to realizing the aspirations of every stratum of society.

Also Read: Abhay Bhutada bagged a Special award at Lokmat Maharashtrian of the Year 2024

Fostering Collaboration and Innovation

The WITT Global Summit emerged as a vibrant platform for showcasing India's innovation ecosystem, talent reservoir, and investment allure. Discussions revolved around emerging paradigms, disruptive technologies, and transformative strategies aimed at propelling India towards development. Leaders exchanged insights on harnessing India's demographic dividend, amplifying digital infrastructure, and championing sustainable practices to secure enduring prosperity.

Abhay Bhutada's fervent endorsement of Prime Minister Modi’s initiatives, particularly in the realms of digitalization and innovation, resonated deeply with the summit's emphasis on harnessing nascent technologies to realize the vision of Viksit Bharat by 2047. Furthermore, the exposition of success narratives and illustrative case studies underscored India's stature as a crucible of innovation and technological prowess, captivating the attention of global investors and partners.

Bhutada's endorsement not only reaffirmed the pivotal role of governmental policies in driving technological progress but also underscored the imperative of collaboration between the public and private sectors in realizing India's developmental aspirations. The summit catalyzed partnerships and investments aimed at harnessing India's immense potential in innovation, thereby fortifying its standing as a linchpin in the global technological landscape.

Also Read: NBFCs Navigating The Secured-Unsecured Loan Equilibrium Post RBI's Cautionary Measure

Concluding Remarks

India's voyage towards Viksit Bharat 2047 is guided by innovative economic strategies, visionary leadership, and collaborative endeavors. Insights gleaned from the WITT Global Summit 2024 furnish invaluable guidance for navigating the intricate terrain of India's economic landscape. By leveraging its demographic dividend, embracing technological frontiers, and embracing inclusive and sustainable growth pathways, India is poised to carve a trajectory towards prosperity and ascend as a beacon of progress on the global stage. With each stride forward, India inches closer to the realization of its vision of Viksit Bharat by 2047, marking a watershed moment in its economic narrative.

This comprehensive exploration of the WITT Global Summit 2024 encapsulates the essence of India's economic journey and sets the stage for transformative endeavors in the pursuit of Viksit Bharat 2047.

[niyogin]

One of the most significant advantages of digital business loans is their fast approval process. Traditional loans can take weeks or even months to get approved, delaying crucial business plans.

[aifyit]

Unlocking the Potential of Corporate Lending in India: Trends and Challenges

Hey everyone! I'm excited to share my latest blog post on "Corporate Lending in India". Check it out on my website now and let me know your thoughts in the comments. #corporatelending #fintech

Corporate lending is an essential aspect of the Indian financial system, facilitating business growth and development. The Indian corporate lending market has witnessed significant changes in recent years, driven by factors such as increasing government spending on infrastructure, rising demand for credit from MSMEs, and the adoption of digital technologies. In this article, we will explore the…

[moontyger]

It was a tip that brought a dog to the main post office in downtown Jackson, Mississippi. An employee there had reported seeing someone in the lobby putting pills into hot pink envelopes.

Hours later, Ed Steed, a police officer from the small city of Richland, just south of Jackson, walked into a back room at the post office where one of the envelopes had been set aside. Steed, a K-9 handler, arrived with Rip, his narcotics sniffer dog. Rip strode around and, when he got to the pink envelope, sat down. According to records obtained through a Freedom of Information Act request, Steed said this meant the dog had smelled narcotics. That claim became evidence to get a warrant to open the envelope.

This, though, was no ordinary drug bust. As it turned out, there were pills inside the package, but they were not the kind that Rip or other police K-9s are trained to detect. The envelope contained five pills labeled ���AntiPreg Kit.” They were made in India, and their medical purpose is to induce abortion. Dwayne Martin, at the time the head of the U.S. Postal Inspection Service in Jackson, told me this was exactly what the initial tipster had suspected.

...

What will happen to abortion-pills-by-mail and the people who use them if Donald Trump is elected in November? As the accounts of the regional USPIS head and FOIA documents show, a piecemeal crackdown is already underway during a Democratic administration. Under a Trump regime, things might go much further.

Whoever is in power, the incident in Jackson provides a potential window into the future — one in which freelancing local Postal Service employees and officials can call on local cops to halt women from accessing reproductive care and potentially charge and arrest those providing or using abortion medication.

My FOIA request asked for records from past years of investigations of people who’d used the mail to send pills. The documents I got back show how a willing administration might go after distributors. The feds could even lend support to police in states that have criminalized abortion care as they pursue cases under local laws. Pregnant people who order the medications could get caught in the dragnet.

The documents I received after my FOIA request were highly redacted but still reveal many details about a federal investigation that began less than two years ago in Mississippi. Dozens of envelopes with abortion pills were seized. The bust followed on the heels of the Supreme Court overturning Roe v. Wade, and came after a group of anti-abortion doctors filed a federal lawsuit in Texas, arguing that abortion pills should be banned from the mail.

The Jackson investigation apparently also employed what’s called a mail cover: a little-known Postal Service method for collecting data about people suspected of committing crimes. Using an enormous database of images of the outside of envelopes and packages, postal inspectors can digitally compare names, addresses, and other information on one item to others. And the findings can be freely shared with almost any law enforcement agency that requests them. The return address for the hot pink envelope in Jackson included an unused post office box number, the sort of information postal inspectors can use to correlate parcels to each other.

Reproductive justice activist Laurie Bertram Roberts worries about an anti-abortion regime taking power. They direct the Jackson-based Mississippi Reproductive Freedom Fund, which assists fellow Mississippians with any reproductive decision they make, from having a baby, to leaving the state to go to an abortion clinic, to using pills at home.

In a state where abortion is strictly banned post-Roe, Bertram Roberts is also a doula. Along with other doulas, they have organized help for people at the end of their pregnancies, including those which do not come to term. Whether that end is due miscarriage or to abortion is immaterial. “We don’t ask,” they said.

The pink-envelope investigation came out of a sort of collaboration between the feds’ regional offices and a local official: U.S postal workers and a city K-9 cop. Though no one in Mississippi has yet been arrested for helping carry out an abortion, Bertram Roberts fears that synergy. They leaned forward and tensed their lips as I opened my computer and pulled up images I’d obtained from the FOIA request: photos the USPIS had taken, in a post office parking lot, of vehicles suspected of belonging to the person who mailed the pills. 

Bertram Roberts peered anxiously at the screen. “I don’t recognize them!” they said. Their face relaxed, but they shook their head. “The thing I worry about most is people getting criminalized.

...

Using local dogs creates risk for abortion-seekers. With the post office inviting local law enforcement to assist with federal investigations, local police could theoretically do their own investigations, by copying names and addresses from the mail. And they could pass that information to anti-abortion district attorneys. 

Police dogs, however, are trained to smell only the illegal drugs heroin, marijuana, ecstasy, fentanyl, and cocaine, not the ingredients in abortion pills, which currently remain legal. And the K-9s’ forensic reliability is suspect.

Why would a police dog alert on abortion pills in the first place, when they’re not narcotics?

Martel, the USPIS national spokesperson, speculated that the pills found in Jackson were contaminated in the manufacturing process by trace amounts of a drug such as marijuana, or perhaps someone was handling narcotics when they did the packing and left molecules behind that only canines’ super-sensitive noses can detect.

Theories along these lines are widespread among police, and they’re inherently impossible to disprove. Elisa Wells, a co-founder and co-director of Plan C, is skeptical. She said her group has conducted laboratory analyses of various brands of foreign-made abortion pills. They’ve all been pure, she said, and no one has ever complained about their containing narcotics.

There is another reason why a K-9 can zero in on a package that’s devoid of illicit drugs. Animal researchers call it “cueing.” Canines are exquisitely sensitive to the minutiae of a human’s posture, eye movements, and other subtle behaviors. Handlers wishing to develop probable cause to do intrusive searches for narcotics can coax their dogs into drug-alerting behavior. To get a reward, the dog will alert, even if nothing illegal is present. (Steed, the K-9 handler, declined to be interviewed for this story.)

Cueing can be deliberate, but it’s more often unconscious. In 2011, Lisa Lit, a researcher at the University of California, Davis, published a now-famous study in which she told the handlers of several police dogs that their K-9s would be searching for “target scents” hidden randomly in several containers. She put red tape on some containers and said it marked the targets. In reality, none of the containers had scents. Even so, most of the dogs alerted on containers, especially those with red tape.

[usafphantom2]

Lockheed Martin announces European F-16 Training Center in Romania 🇷🇴

Center will have the participation of the Dutch.

Fernando Valduga By Fernando Valduga 08/31/2023 - 18:31 in Military, War Zones

Lockheed Martin and the governments of Romania and the Netherlands have announced a Letter of Intentions to establish the European F-16 Fighter Training Center in Romania.

For the center, the Dutch Ministry of Defense should lend F-16 fighters to help in the training of Ukrainian pilots in Romania.

Putting the pen on paper in Madrid, on August 30, the Minister of Defense of the Netherlands, Kajsa Ollongren, along with her Romanian counterpart, Angel Tîlv? r, and Filippo Marchetti, from Lockheed Martin, signed this decision.

“The F-16 continues to play a crucial role in 21st century security missions to the United States, Europe, NATO and allies around the world,” said OJ Sanchez, vice president and general manager of the Integrated Fighter Group. "LockedLock Martin is proud to partner with the Netherlands and Romania in this European F-16 Training Center in Romania, which will increase mission readiness through a comprehensive F-16 training solution for Romanian pilots."

The center will focus on ensuring the effectiveness and safety of Romanians flying and operating F-16 fighters and may eventually expand to include training for other nations.

“As soon as the details are finalized, we are confident that the training center will benefit Romania and other regional F-16 operators, potentially including Ukraine,” Sanchez added.

F-16 training for Ukrainian pilots will be held in Denmark and Romania, with the expectation that the initial group of Ukrainian F-16 pilots will complete their training in early 2024.

The United States gave the green light to the plan, fully in accordance with the supply of the F-16s, granting authorization to transfer third parties to the Romanian training center.

With the Dutch flight training of the F-16 previously taking place in the United States, the current capacity restrictions and the transition to the F-35 led to the interruption of this training last summer. Now, as the Netherlands prepares for the complete transition to the F-35 by 2024, Lockheed Martin will be in charge of operating and maintaining the aircraft in conjunction with Romania, all in line with Dutch military aviation standards and European regulations, while providing the necessary training.

Tags: Military AviationF-16 Fighting FalconRNLAF - Royal Netherlands Air Force / Royal Netherlands Air ForceRoAF - Romanian Air Force/Romania Air ForceWar Zones - Russia/Ukraine

Sharing

tweet

Fernando Valduga

Fernando Valduga

Aviation photographer and pilot since 1992, he has participated in several events and air operations, such as Cruzex, AirVenture, Daytona Airshow and FIDAE. He has work published in specialized aviation magazines in Brazil and abroad. Uses Canon equipment during his photographic work throughout the world of aviation.

Related news

MILITARY

Turkey seeks partners for the TF-X hunting program amid fiscal uncertainty

01/09/2023 - 16:00

MILITARY

Shield AI demonstrates the formation of autonomous drone teams using Artificial Intelligence pilot

01/09/2023 - 14:00

MILITARY

Saab offers Gripen E aircraft to India and deep industrial cooperation

01/09/2023 - 11:00

MILITARY

Dassault will prioritize Rafale jets and UCAVs ahead of FCAS

01/09/2023 - 08:31

MILITARY

Raytheon receives contract to supply AMRAAM missiles to Ukraine

09/01/2023 - 07:50

HELICOPTERS

Airbus and KAI will start serial production of LAH light armed helicopters

31/08/2023 - 19:15

homeMain PageEditorialsINFORMATIONeventsCooperateSpecialitiesadvertiseabout

Cavok Brazil - Digital Tchê Web Creation

Commercial

Executive

Helicopters

HISTORY

Military

Brazilian Air Force

Space

Specialities

Cavok Brazil - Digital Tchê Web Creation

[financemaster1]

Making Financial Transactions Effortless and Smart

From seeking quick loans to making international money transfers or even paying utility bills, these transactions have become an integral part of our routine. But what if there was a way to simplify these processes, making them not just effortless but also smart? Enter Muthoot FinCorp ONE, an all-in-one digital financial platform designed to revolutionize the way you handle your finances.

The Convenience You Deserve

At Muthoot FinCorp ONE, convenience isn’t just a promise; it's a commitment we live by. Muthoot FinCorp ONE gives you the ability to secure a Gold Loan swiftly, without any hassle, and from anywhere you prefer, be it the comfort of your home or at any of our 3600+ branches across India. With our quick doorstep service, you can have your Gold Loan sanctioned in as little as 30 minutes*. Plus, we offer competitive interest rates as low as 0.83%* per month and, as a cherry on top, a zero* processing fee. You can avail the Gold Loan at offered gold rates up to ₹4200/gm, making it a lucrative and hassle-free option for your financial needs.

Digital Gold and Beyond

We understand the importance of diversifying your portfolio, which is why we offer the opportunity to invest in Digital Gold. With an entry point as low as Re. 1, you can start your journey into gold investment, secured at 99.99% purity, and trade it at market prices, all stored safely and securely.

NCDs for a Secure Investment Future

For those seeking stability and high returns, our Non-Convertible Debentures (NCDs) present an excellent opportunity to build a robust investment portfolio. Starting with just Rs. 10,000, enjoy returns of up to 9.43%* with fast-tracked investments, high-yield, low-risk opportunities, and flexible tenure durations to suit your needs.

Simplified Forex Transactions

Navigating the complexities of foreign exchange transactions can be daunting, but not with Muthoot FinCorp ONE. Enjoy secure and reliable forex services with competitive exchange rates and guaranteed 24-hour* transfers. We also provide a buy-back guarantee, ensuring your peace of mind throughout the process.

Seamlessly Handle Payments and Recharges

From bill payments to recharges, Muthoot FinCorp ONE simplifies it all. Recharge your DTH or prepaid mobile, pay electricity, internet, or LPG gas cylinder bills instantly, or manage your financial services and taxes hassle-free—all with a few taps on our app. Moreover, pay your rent or vendors effortlessly, making the entire process quick, secure, and available 24x7.

Our commitment to making your financial life easier continues with the Muthoot FinCorp ONE app. It’s your gateway to effortless Gold Loans, Digital Gold investments, Forex transactions, and more, available whenever and wherever you need it. Expect regular updates, enhanced services, and an unwavering dedication to simplifying your financial journey.

Muthoot FinCorp ONE is not just about transactions; it's about transforming the way you interact with your finances. Experience ease, convenience, and reliability—all in one place.

At Muthoot FinCorp ONE, we're not just simplifying financial transactions; we are empowering you to make smarter choices, effortlessly. Join us and witness a new era of financial convenience and intelligence.

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.

Chat on Whatsapp | Branch Locator | Email us - customercare@muthoot.com | Download App

[swarajpro]

Exploring Peer-to-Peer Investments Through a P2P Lending Platform in Jabalpur

In today's fast-changing financial world, investors continually seek avenues to grow their finances while being mindful of risks. However, many individuals primarily focus on mutual funds and stocks for investment, unaware of the broader spectrum of available options. Let's explore the challenges investors face and learn how a P2P lending platform in Jabalpur helps them with the best investment opportunities.

Understanding Investor Challenges in Alternate Investment Avenues

As people try to make more money from their investments, they face problems because they don’t know about different ways to invest.

High Barriers to Entry:Investing in assets like real estate demands substantial capital, thus limiting access for many investors to diversify their portfolios effectively.

Opaque Investment Processes:Traditional investment structures can be complex and difficult to comprehend, making it challenging for investors to understand underlying risks and potential returns.

Lack of Information:Not having enough details about where to invest can make it tough to choose the right option. This might make people hesitant to invest at all.

Low Returns:Sometimes, the money invested doesn't grow much, offering lower profits compared to what people expected.

Limited Diversification:Investors might not have enough different types of investments. This lack of variety can make their money more at risk if one investment doesn’t do well.

Lack of Personalised Recommendations:Generic investment advice fails to cater to individual financial goals, risk appetites, and investment horizons, impacting the relevance of investment decisions.

The Potential of P2P Investments in India

Mutual funds are a reliable investment avenue today, but there are more such promising asset classes unexplored by investors. Swaraj FinPro, the best mutual funds investment services in Jabalpur, offers investments in one such asset class with Peer-to-peer (P2P) lending, backed by RBI guidelines where individuals can lend their money on higher interest while other individuals borrow funds from multiple investors through a digital platform. This transformative approach creates a marketplace connecting borrowers and lenders, facilitating secured personal loans while managing the loan life cycle to provide monthly returns to lenders. Here are the benefits of P2P lending platforms for investors:

Higher Potential Returns

P2P lending platforms typically yield higher interest rate to investors, compared to conventional savings accounts and investors can potentially benefit from higher returns up to 12%*.

Diversification Opportunities

By investing across a variety of borrowers on P2P platforms, investors can spread their risk and potentially increase returns by diversifying their investments.

Accessibility and Specific Advantages

P2P lending provides access to investments previously unavailable through traditional channels. Investors can participate with smaller investment amounts, diversify portfolios, and select the tenure.

Passive Income

P2P lending allows investors to earn interest regularly, providing a potential source of passive income.

Potential for Higher Yields

As investors can choose the tenure and interest rates they are willing to accept for lending, there's potential for higher yields based on their risk appetite.

Tailoring Investments for Investors

Swaraj FinPro empowers investors in Jabalpur and pan India to explore P2P lending as an accessible, reliable, and potentially lucrative avenue for diversification and growth within their investment portfolios. P2P lending works well because it's clear, gives different choices, and doesn’t lock your money away for too long.

[loansmantri]

Finding the Right Loan: A Guide to Loan Options and Choosing the Best Fit for You

Introduction 

Finding the right loan product to fit your needs can be a challenging process. With so many options like personal loans, home loans, and business loans, how do you know which is best suited for you? In this post, we'll provide an overview of the major loan products available and factors to consider when choosing one, as well as how Loans Mantri can help simplify the loan application process.

Loans Mantri is an online loan marketplace that partners with over 30 top financial institutions in India including names like HDFC Bank, ICICI Bank, and Axis Bank. No matter what type of loan you need, Loans Mantri aims to provide customized options and a seamless application experience through their digital platform. 

Whether you need funds for personal expenses, purchasing real estate, business financing or any other purpose, Loans Mantri can match you with the ideal lending product for your requirements from their network. Their online eligibility calculators and tools remove the guesswork from determining what loans you can qualify for based on your income, credit score and other details.

This post will walk through the key loan products offered through Loans Mantri and outline the most important points to factor in when deciding which option works for your financial situation. We'll also provide tips on how to apply and what to expect when going through Loans Mantri for your financing needs. Let's get started!

Types of Loans Available

Here are some of the major loan products offered through Loans Mantri's platform:

Personal Loans - These unsecured loans can be used for almost any personal purpose like debt consolidation, wedding expenses, home renovation, medical needs, or any other requirements. Interest rates are competitive and loan amounts can range from ₹50,000 to ₹25 lakhs based on eligibility.

Home Loans - Also called mortgage loans, these are for purchasing, constructing or renovating a residential property. Home loans offer extended repayment tenures of up to 30 years and relatively lower interest rates. The property becomes collateral against the loan amount.  

Business Loans - Loans Mantri offers financing for a wide range of business needs like working capital, equipment purchases, commercial vehicle loans, construction requirements and more. Loan amounts can be from ₹10 lakhs to multiple crores.

Loan Against Property - By using your existing property as collateral, you can get a secured, high-value loan in return through this product. Interest rates are lower and you can get up to 50% of your property's current market value.

Other Loan Products - Loans Mantri also facilitates other lending options like credit cards, line of credit, gold loans, insurance financing, merchant cash advance for businesses etc. as per eligibility.

Factors to Consider When Choosing a Loan

When looking at the various loan options, here are some key factors to take into account:

- Loan amount required and ideal repayment tenure 

- Interest rates and processing/administration fees

- Your repayment capacity based on income and expenses

- Purpose of the loan - personal needs, business growth, property purchase etc.

- Collateral availability for secured loans like home and property loans

- Flexibility in repayment - moratorium periods, EMIs, tenure etc.  

- Prepayment and foreclosure charges, if any

Evaluating these parameters will help identify the loan that Aligns to your financial situation. Loansmantri's online tools also help estimate factors like eligibility amounts, EMIs, interest rates etc. to simplify decision making.

Applying for a Loan on Loans Mantri

The application process with Loans Mantri is quick, transparent and fully digital: 

- Use the eligibility calculator to get an estimated loan amount you can qualify for.

- Fill out the online application by providing basic personal and financial details. 

- Loans Mantri will run a soft credit check to view your credit score and report. This helps match products to your profile.

- Compare personalized loan quotes from multiple partner banks and NBFCs.

- Submit any required KYC documents and income proofs online.

- The application gets forwarded to the lender for further processing and approval.

- Track status directly through your Loansmantri dashboard. Get assistance from customer support if needed. 

Conclusion  

Loans Mantri aims to be a one-stop platform for all your lending needs. Their intuitive tools and partnerships with leading financial institutions help identify and apply for the ideal loan product for any purpose. Consider your requirements carefully and evaluate all options before choosing the right loan for your financial situation. With Loans Mantri, the entire process from application to disbursal can be completed digitally for an easier financing experience.

[buyindianyoutubesubscribers]

Elevate Your YouTube Game: Buy Indian YouTube Subscribers

Buy Indian YouTube Subscribers

In the digital age, YouTube stands as a colossal platform where creators and businesses share their stories and connect with diverse audiences. Whether you're a vlogger, educator, or brand, building a substantial YouTube subscriber base is a key metric for success. If your target audience hails from India, the strategy of buying Indian YouTube subscribers could be the boost your channel needs.

Understanding the Concept

The concept of buying Indian YouTube subscribers revolves around acquiring subscribers for your channel through specialized services. These subscribers are typically real users who have a genuine interest in your content. The primary goal is to bolster your channel's credibility, expand its reach, and enhance its overall visibility among the Indian audience.

Benefits of Buying Indian YouTube Subscribers

Credibility Boost: A higher subscriber count lends credibility to your channel, enticing new viewers to explore your content. People often gravitate towards channels with significant followings, assuming they offer valuable and engaging content.

Accelerated Growth: Traditional methods of gaining subscribers can be slow. Buying subscribers can give your channel a rapid growth boost, helping you reach a wider audience in a shorter time.

Enhanced Visibility: A larger subscriber base can lead to better visibility on YouTube's search and recommendation algorithms, potentially driving more organic traffic to your videos.

Targeted Audience: When you buy Indian YouTube subscribers, you're narrowing your focus to viewers in India who are more likely to resonate with your content, especially if it's culturally or regionally relevant.

Important Considerations

While buying Indian YouTube subscribers can offer advantages, it's crucial to approach this strategy wisely:

Quality Matters: Ensure that the service you choose delivers real, active users rather than fake or inactive accounts. Authentic engagement is far more valuable in the long run.

Balanced Approach: Buying subscribers should complement your organic growth efforts, not replace them entirely. Continue creating high-quality content to retain and engage your audience.

Compliance with YouTube Policies: Be aware of YouTube's terms of service, as artificially inflating your subscriber count using low-quality services may lead to penalties for your account.

Sustainability: Prioritize building a lasting and engaged community over a mere numbers game. Authentic engagement and valuable content are the foundations of long-term success.

Conclusion 

Purchasing Indian YouTube subscribers can serve as a strategic move to enhance your channel's credibility, reach, and visibility. However, it should be integrated into a comprehensive content strategy that includes creating engaging content and fostering genuine connections with your audience. When employed judiciously and in harmony with ethical practices, buying subscribers can help initiate your journey toward YouTube success within the Indian market.

Buy Indian YouTube Subscribers

[digantpatel0]

10 Fintech Trends Every Manager Needs to Know for 2022

You must stay current with trends if you lead in the financial sector. As finance moves online, these trends will aid in keeping your company competitive while attracting and retaining top personnel.

Alternative financing, which can give consumers a way to avoid interest, is a trend you should be aware of. This includes super apps and purchase now, pay later (BNPL) options.

Companies can boost customer retention and create an extra source of income by using embedded finance. Financial services integrated into a product or service increase customer satisfaction and cut costs.

A crucial component of a successful embedded finance approach is product breadth. Distributors can begin by accepting payments before moving on to lending or more complex products to meet customers' more extensive financial requirements.

AI automates processes and analyzes real-time data to assist businesses in making better choices. It lessens human mistakes as well.

This is particularly helpful in professions where human error can result in expensive errors or even fatalities. For instance, manufacturing businesses can monitor output and consider potential mistakes to guarantee a higher level of safety.

Alternative lending can be a lifesaver for business owners needing funding outside of conventional banks. These funds may be employed for company expansion, inventory purchases, or employee hiring.

Compared to conventional banks, these lenders' application procedures are much simpler, and their response times are shorter. No extensive paperwork is required because the complete process is digital.

To control their spending, consumers increasingly opt for purchase now, pay later (BNPL) options. Because of this flexibility, e-commerce companies and retailers see an increase in sales.

Utilizing BNPL services, however, can also raise the danger of debt accumulating. BNPL providers must ensure they have access to accurate job verification data to reduce this risk.

Super apps combine various services to provide users with a one-stop store for all their needs. Customers and businesses greatly benefit from this because it lowers re-acquisition costs by keeping current users on one network.

When, where, and how individuals interact with financial services are all altered by embedded finance. Both financial and non-financial businesses can benefit greatly from it.

China's WeChat is a prime illustration of a super app that houses a variety of services, including payments, e-commerce, and messaging. Similar apps like Paytm from India, Grab from Singapore, GoTo from Indonesia, Zalo from Vietnam, and Kakao from South Korea are already industry leaders.

Additionally, by transforming the data, analysts can gain more information. Additionally, it enhances data integrity by removing mistakes and irregularities.

A digital ledger technology called blockchain can enhance financial management procedures. Transparency in financial services can be improved, transaction costs can be eliminated, and fraud can be decreased.

By utilizing a distributed network of computers, the technology enables users to document transactions in a secure and impenetrable manner. The network's users reach an agreement on each transaction's integrity.

The continued adoption of digital payments has been one of the biggest trends in the finance sector since 2020. Even though contactless payment methods acquired popularity during the COVID-19 pandemic, this tendency might intensify in 2022.

Limiting personal contact and stopping the spread of germs is top of mind for many in today's COVID-19 climate. Businesses can benefit from contactless purchases by enabling this.

The traditional bank model is being challenged by challenger banks, which impose transparent fees, provide a better customer experience, and advance technology. They are becoming increasingly well-liked among customers who no longer trust their conventional banks.

They can provide a complete range of banking products and technology to their BaaS customers, which is advantageous for fintech companies that only provide their tech stack and e-money and lack banking licenses.

Without sending customers to conventional financial institutions, embedded finance integrates financial services like lending, payment processing, or insurance into the infrastructure of non-financial companies.

For non-financial companies, embedded finance is more cost-effective, quicker, and easier to implement than construct and buy.

Embedded banking is expanding quickly in various sectors. Lead use cases include retail and e-commerce networks, marketplaces for ridesharing and two-sided meal delivery, and payments for mobile apps.

Through data aggregation, marketing professionals can export, organize, and reformat their marketing data. This procedure is crucial for many purposes, including tracking success and calculating ROI.