Recent developments in computing power and advanced analytics, along with the rise of big data, enables businesses to be better at what they do and how they do it. More and more companies are leveraging the power of data to gain a comprehensive view of their businesses and make profitable decisions. When it comes to […]
7 Steps To Future Proof your Lending Business in India
To stay relevant in a rapidly evolving lending market, financial lending companies need to be future-ready. They need to embrace technology and practices with a long term horizon. Additionally, business processes at the lending firm should be amiable enough to accommodate changes in the ever-shifting regulatory landscape in the space. While it may sound like […]
How Mobility can Transform the Lending Sector?
There is hardly any aspect of modern lifestyle that is untouched by mobile phone and allied technologies. Even financial lending companies are mobilising the sector at a fast pace due to mobile-obsessed times we live in. Lending businesses are better off by leveraging the avant-garde capabilities that the culture of mobility brings along as it […]
Common Problems Faced by the Debt Collection Agents and How to Solve Them?
The financial system in India has faced several hurdles and continues to struggle in the face of a volatile economy. Post demonetisation, the government shut out all the loopholes of earning and circulation of black money, leading to strict rules of accounting proof underlying every single transaction. This prompted many businesses to slow down as […]
Ways to Enhance Customer Experience in Digital Lending
Until recently, consumer lending involved outdated loan origination and approval processes with a long paper trail and high turnaround times. This often increased costs and impacted the customer experience. The online loan application experience often followed the same pattern as the offline counterpart. The outcome was redundant and inefficient processes, far from optimized lending solutions. […]
How Finezza Helped Gromor & Udhyam Alter Bengaluru’s Iron-walas
In addition to helping leading NBFCs and banks optimise their lending lifecycles and processes, Finezza is also helping small businesses get access to credit in an efficient manner. Small and medium enterprises (SMEs) are the largest employment generators in the country with more than 40% of the total workforce employed by it. Since the sector […]