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Until recently, consumer lending involved outdated loan origination and approval processes with a long paper trail and high turnaround times.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 […]
What Makes Finezza the Perfect NBFC Loan Management Software?
Finezza is an enterprise lending platform that aims at easing financial analysis and decision support for lending and fintech firms. It is built to provide customized solutions to all fintech lending companies looking at an AI-driven growth trajectory in the near future. Finezza creates a seamless experience for customers right from origination to servicing of […]
What Does RBI’s New Liquidity Framework Mean for NBFCs?
Recently, the Non-Banking Financial Corporation (NBFC) sector, that services a significant portion of the credit needs of corporate India, suffered miserably due to the lack of liquidity. Due to the massive collapse of the IL&FS group, the financial markets slumped and hit the NBFCs hard. As a result, traditional banks stopped taking fresh exposures on […]