Explore how you can transform lending with an integrated, intelligent and adaptable platform
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 →
Lending banks on trust. And trust comes from knowing the borrowers better than themselves. Traditionally, lending was performed more as an art with siloed channels, person centric processes and individual biases. This approach resulted in increasing charge offs and non performing assets (NPAs). In response, machine learning is now penetrating deeper into banking... Continue Reading →
Betting on sports may be lucrative, but not on lending operations. Every lending contract carries an inherent risk, but the probability of default can be drastically reduced with information and in turn, insights. However, for an industry that is looking to get on board with digital, it can be tricky to find an accurate source for... Continue Reading →
Gone are the days when a credit decision took weeks. Today, customers demand eligibility decisions in minutes, else swarming to fintech disruptors who deliver faster credit decisions and transparent business processes. The resulting churn is forcing banks to face the million dollar question of what quick actions to take for reducing decision time and... Continue Reading →
