Legacy loan management systems make the lending management process unduly tough for lending officers thanks to the large scale manual processes involved. Given the gradual increase in demand for credit, lending companies find it impossible to cope with the outdated loan management solutions that follow a fragmented approach. Financial lending companies need a solution that […]
How Can Cloud Technology Transform Your NBFC?
Intense competition in the lending markets demands that all lenders streamline their processes and routines to service the growing demand for credit. Thus, financial lending companies like NBFCs and MFIs need to leverage time-saving technologies to optimise their operations. For example, manual processes of legacy loan management systems often fail to match the massive amount […]
India’s Covid Economic Relief & Its Impact On Our Finance Sector
Indian economy and the financial sector is suffering from the impact of the deadly coronavirus pandemic as there is a nationwide lockdown in place to contain its spread. In the financial markets, investors seem to have lost all their confidence and started pulling out their money. While the stock markets crashed across the world, central […]
Will the Coronavirus Pandemic Kill Cash For Good?
The Covid-19 pandemic has infected millions of people globally, bringing down economies to a standstill, and is still spreading its fangs far and wide. Despite adequate measures, governments have failed to contain its spread. Both international and local health authorities recommended measures like social distancing and self-quarantines to help provide the spread of this deadly […]
How Finezza’s Automation Technology Helps In Credit Card Evaluation
Credit cards are an essential component of the lending landscape that bless borrowers with incredible financial convenience. It helps them navigate through occasional short terms of financial distress. The criteria for lending decisions vary from lender to lender. Credit analysts often grapple with factors like multiple credit scores, absence of credit history, frequency of bill […]
The Future of Indian Financial Services in the Wake of Corona Pandemic
While even the strongest economies from across the globe are struggling to cope with the COVID-19-induced unprecedented demand shock, the complete shutdown of all vital economic activities has paralysed the growth of the nations. India is amidst its biggest lockdown till date, and the national economy has come to a dead halt due to the […]