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Technology Innovations for Banks and NBFC's in Lending Operations
Pay-per-use (PPU) business models are fast gaining ground in asset finance, especially for the leasing of commercial equipment and vehicles. But to date, automotive subscriptions have been slower to g...
Even in tough macroeconomic times, commercial lending keeps markets moving and banks growing. And on the face of it, there are few better places to drive growth than Europe, where a multitude of bustl...
Small and medium-sized enterprises (SMEs) are the backbone of the UK economy. According to a recent report by the British Business Bank, they account for 99.9% of all businesses in Britain. Yet, they...
More than fifty years ago, SAP pioneered the concept of Enterprise Resource Planning (ERP) for manufacturing. The concept was simple: a single platform with a single data model to support shared serv...
Subscription plans are successful in helping small businesses grow in both profitability and customer satisfaction. However, this model is losing its charm as we evolve into a post-pandemic era, which...
As interest rates rise and growth slows for commercial lenders, investment in the back office is back with a vengeance. That’s great news for loan servicing operations, which look set to benefit in mo...
KYC – Know Your Customer – is about understanding who your customer is and if they are who they claim to be. However, as simple as this sounds, the process and information required to reach that judge...
Real-time data or lending 3.0 has been a game changer for the lending industry. It means that lenders can now carry out all their transactions and interactions with customers in real-time. That, in t...
We live and work in fast-changing times for asset finance. But when the industry’s finest put their heads together, change can not only be a challenge but also a powerful catalyst for innovation and g...
In challenging times for banks and other commercial lenders, it’s more important than ever for fintech providers to understand how their clients’ requirements are evolving. So, at FIS, we always make ...
Mobile banking is a crucial aspect of our daily routines in the modern era, giving ease, safety, & access like never before. Mobile banking apps are continually being updated to meet client needs ...
Despite the rapid expansion of financial services, a significant proportion of individuals and small businesses remain financially underserved. This group encompasses “thin file” customers, who have l...