As digital lending continues its rapid expansion, businesses seek strategies to enhance efficiency and profitability for both lenders and borrowers. Central to consumer lending is the management of borrower default risk, historically assessed primarily through credit scores. However, advancements in technology now offer more nuanced approaches to risk assessment, notably through Machine Learning (ML). Unlock… Continue reading How Machine Learning Can Help Risk Managers Profile Customers
Category: Banking Financial Services
How Blockchain can be used to support lending business?
Blockchain, the disruptive technology is revolutionizing the business of lending. Lending firms have globally started harnessing blockchain concept as it offers much potential for creating new types of financial contracts and debt instruments that will allow an economy to grow to a much larger scale. “A blockchain is an anonymous online ledger that uses… Continue reading How Blockchain can be used to support lending business?
How can your lending business benefit from Artificial Intelligence?
As digital lending continues to grow, firms are looking for ways to make their services more efficient and profitable to both lenders and borrowers. Process automation is the first step. The second step is when even the decision-making is handled by machines, using advanced machine learning and artificial intelligence to make real time, 24×7, zero… Continue reading How can your lending business benefit from Artificial Intelligence?
Our Success Stories
We have helped several companies to reach global level. Here is a video on some of our success stories. Contact Us
Fintech Predictions for 2019
Finance sector is one area where most significant evolution on account of technological advancements is happening. In fact, that it has led to the coinage of a whole new bracket of technology: FinTech. Here, let’s check out what are the major trends going to rule the fintech sector in 2019. Contact Us
Need for automation in Loan Origination System
Loan Origination is one of the core processes of financial firms to streamline their loan processing cycle. An automated loan origination solution allows the lending organizations to close more qualified loans faster with improved operational efficiency. It virtually eliminates the tedious sorting of both paper and electronic files and dramatically minimizes the costly manual data… Continue reading Need for automation in Loan Origination System
Top 5 ways technology is reinventing the lending process
For decades, lender and credit bureaus have employed the same relatively static, traditional business models. But, today’s customer expects fast, seamless and hassle-free access to loan services at a time, place and channel of their choice. They seek loan products that suit their specific needs, products that are available on their preferred channel and are… Continue reading Top 5 ways technology is reinventing the lending process
Predictive Analytics to transform insights to decisions
Today’s customer expects fast, seamless and hassle-free access to loan services at a time, place and channel of their choice. But unfortunately, many lending firms struggle to earn customer loyalty, as they face challenges in meeting their customer expectations. Lending firms and FinTech’s are constantly trying to implement tools and processes to keep their customers… Continue reading Predictive Analytics to transform insights to decisions
Steps to make AI implementation a reality in your lending firm
As digital lending continues to grow, firms are looking for ways to make their services more efficient and profitable to both lenders and borrowers. Process automation followed by Machine Learning and Artificial Intelligence makes operations error-free and real time. But, when it comes to AI Implementation, many lenders don’t have an idea where to even… Continue reading Steps to make AI implementation a reality in your lending firm
AI quotient in the global financial sector-infographic
Artificial Intelligence is creating a big impact in almost all industries. It is anticipated that overtime, AI is not only going to revolutionize the financial industry, but become the industry itself. This infographic talks about some key trends of AI impact in the global financial sector. Contact Us