At a time defined by instant gratuity and transparent digital experiences, short -term loans went from marginal service to a consumer financial utility. The catalyst for this transformation? Financial technology – or more specifically, the convergence of the bank open, the analysis of the data in real time, the risks at risk focused on the AI and the evolving infrastructures of the cloud -native.
Unlike traditional financial institutions based on inherited basic banking systems, modern Fintech platforms operate in microservices and API-focused environments which allow rapid development, integration and iteration. Nowhere is this transformation is only obvious in the short -term loan sector in Europe, where Heavy compliance environments encounter technology innovation.
