Fintech startups are redefining the credit ecosystem—disbursing thousands of loans daily across various borrower segments. However, as volumes surge, traditional processes, reliance on spreadsheets, and disconnected systems begin to show their limitations. Start-ups that scale rapidly without a resilient technology foundation consistently face delayed disbursals, compliance loopholes, and restricted portfolio visibility. To sustain India’s forecasted […]
Foreign Exchange Risk Management in Study Abroad Loan Portfolios
With over 1.33 million Indian students studying abroad, education loans have become vital. According to an Economic Times report, 33% of these students depend on such loans to pursue quality education overseas. Non-banking financial companies (NBFCs) have seen significant growth in education loan assets, rising over 80% in fiscal year 2023 and 70% in fiscal […]
How to Integrate Customer Data Across Platforms for a 360° Lending View
Picture this: Most banks run 10-15 separate core systems, like loans, credit cards, and CRM, that do not communicate easily with each other. The result is fragmented data, duplicate customer profiles and siloed records. These issues obscure a borrower’s full financial picture. This silo problem is widespread. A 2024 survey found 57% of banking executives […]
The Complete Lending Te͏ch Stack: 7 Critical Integration Categories Every Lender Needs
Lending these days is not about just giving out loans; you also need to build trust, speed, and accuracy in every interaction. According to the Invest India report, India’s digital lending market is projected to grow from $270 billion in 2022 to more than $1.3 trillion by 2030. Customers now expect fast approvals, simple onboarding, […]
The Future of Financial Accuracy: Implementing Automated Credit Bureau Solutions
What if one small reporting error could cost your bank millions? Manual bureau reporting often creates these risks with typos, missed deadlines, and compliance gaps. That is why more institutions now turn to automation. Automated credit bureau reporting helps you get accurate submissions, faster processes, and full regulatory alignment without the stress. For financial institutions, […]
Hidden Costs of Using Multiple Lending Systems vs. One Unified Platform
Ind͏i͏a͏n͏ ͏banks, NB͏FCs, and fint͏ec͏h͏͏ l͏end͏er͏s are under͏ const͏͏a͏nt͏ pressure͏͏ to boost efficiency a͏͏nd p͏rofi͏tab͏il͏it͏y. ͏Ev͏ery rupee s͏p͏e͏nt ͏on techno͏logy ͏sho͏uld d͏irectly c͏on͏tr͏ibute t͏o ͏b͏et͏ter lo͏an p͏rocessing, collection͏s͏, and de͏cision-making͏.͏ Ye͏t, many ins͏titution͏s͏ st͏ill rely o͏n separ͏ate systems for loan origination, management, and coll͏ections, creating hidd͏en costs and operational in͏effi͏ciencies. McKinsey reports that such͏ o͏p͏erational […]