Blog

COVID-19 and Digitization

Can spending money in your pocket have the potential to spread covid-19? That question has never appeared in the news, but many governments and leaders in the digital payments industry are wondering how this virus could affect cash usage. Several countries have already taken drastic measures to limit the spread [...]

2020-04-15T12:01:49+00:00

Go Digital: Best way for Banks to respond to COVID19

The last time there was a global crisis, banks were widely perceived to be a big part of the problem. This time around, banks are central to the solution. Banks can play an immediate role in reducing the spread of COVID-19 by helping customers make better use of digital [...]

2020-06-03T06:13:46+00:00

Go Digital with Debt Collection during Coronavirus crisis

The coronavirus has the whole world in its grip. Not only is public health at risk, but the global economy is being threatened as well. This is due to the fact that, in order to contain the virus, substantial measures are being taken worldwide. Borders are being locked down, [...]

2020-06-03T06:13:51+00:00

Client Onboarding And Financial Institutions

Emerging new technologies are revolutionizing how financial institutions conduct client onboarding procedures across their organizations. The drive towards digital transformation is led in equal parts by the need to tackle operational challenges, as well as the need to deliver digital client journeys that make for faster onboarding and more satisfied [...]

2020-01-27T09:35:45+00:00

Reshaping the Future of Credit Scoring

About 2.5 billion people across the world still lack access to formal credit according to World Bank estimates. An estimated 3 billion people are set to enter the middle class by 2030 and banks in emerging markets are looking at a revenue opportunity of around  USD 400 billion in serving [...]

2020-01-14T06:21:54+00:00

How Fintechs Are Changing Debt Collection

Digital Transformation  platforms by fintechs are the new normal in India. According to a recent study by Microsoft, digital transformation (DX)  will add USD 154 billion to India’s GDP by 2021 and increase the country’s growth rate by 1% annually. Business leaders in India expect to see huge productivity [...]

2020-06-03T06:14:00+00:00

3 Ways Blockchain Is Transforming The Way We Do Business

Most of the blockchain technology headlines revolve around the outsize performance (and then underperformance) of cryptocurrency, which closely resembled a roller coaster as Bitcoin gained 1,400 per cent in 2017, up as much as 1,935 per cent when it hit a record high of $19,666 in December 2017, before [...]

2020-01-02T06:02:19+00:00

Chatbots to Help Bank Save $7.3 Billion by 2023

A new study has found that the operational cost savings from using chatbots in banking will reach $7.3 billion globally by 2023, up from an estimated $209 million in 2019. This represents time saved for banks in 2023 of 862 million hours, equivalent to nearly half a million working years. According [...]

2019-12-23T06:59:33+00:00

How Lending Is Getting Transformed

The technology behind the secure, simple and fast lending we have at our fingertips today has completely changed the way we borrow. From faster loan approval to the ability to click a button or two and get pre-approval for a loan that might’ve previously taken weeks. How it all [...]

2020-06-03T06:14:03+00:00

“Artificial Intelligence Triggers a Paradigm Shift in the Digital Lending Industry”- Rajendra Awasthi

Recently our Co- Founder Rajendra Awasthi shared his views on how Artificial intelligence is impacting the lending solutions and also improving the customer experience. Five major areas AI is impacting the digital lending are 1.Replacing paper with data; humans with machines 2. Data digitization & Automation of decision-making processes [...]

2020-06-03T07:55:52+00:00

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