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Technology Innovations for Banks and NBFC's in Lending Operations
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 mo...
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 judge...
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 t...
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 g...
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 ...
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 ...
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 l...
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 assist...
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...
"The time to repair the roof is when the sun is shining,” said John F. Kennedy in his State of the Union address in 1962. More than 60 years later, this reminder to prepare for any eventuality ri...
Auto finance is doing bigger business than ever. But in the drive to convert the world to electric vehicles (EVs), there’s huge potential to go further – by embedding finance as the first stop on the ...
As regulatory requirements for corporate responsibility, environmental, social and governance (ESG) continue to take shape around the world, commercial lenders are now turning their attention to the m...