Community
Technology Innovations for Banks and NBFC's in Lending Operations
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Leetal Gruper Co-Founder & CEO at Tarci
Subscription plans are successful in helping small businesses grow in both profitability and customer satisfaction. However, this model is losing its charm as we evolve into a post-pandemic era, which can be harmful to companies that serve small businesses. According to Tarci data, in 2022, there was a 49% decrease in small businesses offering sub...
04 September 2023 /markets /covid-19
Steve Sabin SVP, Division Executive, Lending at FIS
As interest rates rise and growth slows for commercial lenders, investment in the back office is back with a vengeance. That’s great news for loan servicing operations, which look set to benefit in more ways than one from a renewed focus on cost cutting and efficiency. In the boom times, when lending is one of the biggest drivers of top-line re...
01 August 2023 /wholesale /markets
Hrefna Sigfinnsdottir CEO Creditinfo Iceland at Creditinfo Group
KYC – Know Your Customer – is about understanding who your customer is and if they are who they claim to be. However, as simple as this sounds, the process and information required to reach that judgement can be complex. Traditionally, KYC has been an indispensable tool for the credit and lending industry, helping lenders perform risk assessment on...
31 July 2023 /identity /crime
Chirag Shah Founder and CEO at Nucleus Commercial Finance
Real-time data or lending 3.0 has been a game changer for the lending industry. It means that lenders can now carry out all their transactions and interactions with customers in real-time. That, in turn, enables them to make quicker and more accurate decisions that improve both their operational and financial efficiency, but also customer outcomes...
05 July 2023 /predictions
David Woodroffe SVP, Asset and Auto Finance at FIS
We live and work in fast-changing times for asset finance. But when the industry’s finest put their heads together, change can not only be a challenge but also a powerful catalyst for innovation and growth. FIS’ recent educational and networking event, Emerald, gave me a timely reminder of the power of in-person collaboration. For the first time s...
03 July 2023 /markets /predictions
In challenging times for banks and other commercial lenders, it’s more important than ever for fintech providers to understand how their clients’ requirements are evolving. So, at FIS, we always make it our business to ask. Our recent educational and networking event, Emerald, gave us an excellent opportunity to do just that. And as clients from a...
27 June 2023 /wholesale /predictions
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
Mobile banking is a crucial aspect of our daily routines in the modern era, giving ease, safety, & access like never before. Mobile banking apps are continually being updated to meet client needs as a result of advancements in technology. In this blog, we'll look at 10 cutting-edge mobile banking features that are revolutionizing the way we ha...
10 June 2023 /retail /predictions
Dmitry Borodin Head of Decision Analytics at Creditinfo Group
Despite the rapid expansion of financial services, a significant proportion of individuals and small businesses remain financially underserved. This group encompasses “thin file” customers, who have limited or no credit history, women, small and medium enterprises (SMEs), and young demographics in emerging economies. The key to ensuring fair and...
05 June 2023 /inclusion
Priyanka Rao Content Strategist at Jupiter Money
Cross-border money transfers are more necessary than ever in today's globalised society, and Indian citizens are no exception. Sending money from India abroad, whether for personal reasons like assisting family members or for business-related operations, necessitates careful consideration of several important criteria. Understanding these factors ...
01 June 2023 /payments
Nick Green Director at Purple Patch Broking Ltd
As lenders continue to evolve their credit risk strategies, perfecting how you buy credit bureau data is an important part of that process. But if your process for buying data has weak spots you could end up paying more than your peers and have poor quality data. In short, having a sound data buying process is critical. Gone are the days when extr...
16 May 2023 /regulation /retail
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