Decisions made long ago and often forgotten, can come back to haunt. Banks and financial services discovered this to their chagrin during the 2008 financial crisis.Ever rising customer expectations, aggressive non bank lenders are forcing banks to actively personalize their credit offerings for seamless digital lending journeys. Lenders are looking to mitigate losses, while delivering... Continue Reading →
How ‘Digital’ Will Change Lending?
Sometimes, ‘more’ is not always great. Especially in digital lending. More manual processes, more legacy systems, more technology investments is not the solution for delivering customer delights in lending. The current traditional lending approach is highly manual and fragmented, presenting bottlenecks with data quality, aggregation, and instant fulfilment. How can banks get tighter on risks,... Continue Reading →
5 Steps to Transform Retail Lending with Digital Loan Origination System
Sometimes, ‘more’ is not always great. Especially in retail lending. More manual processes, more legacy systems, more technology investments is not the solution for customer delights. They are living the dream life in today’s ‘instant and short’ era, where even sports like cricket have its duration reduced from days to 50 overs to 20 overs.... Continue Reading →