Blog

January 30, 2023
Trends in Auto-financing

Post-pandemic auto financing has seen major transformations, but only people who closely observed know that it is not a consequence of the pandemic alone but a long-happening overhaul...

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December 22, 2022
Unified Lending Technology

Currently, banking technology is a complex web of unintegrated technology put together by continuous efforts of large IT teams on multiple systems hosted on different servers, making it...

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INSIGHTS
December 5, 2022
Mobile-Ready Technology, a Key Enabler for MFI Operations

The most recent development in the FinTech space has been mobile-ready solutions, which have been one of the greatest ever disruptors of this industry - in a good way. Since the beginning of...

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INSIGHTS
December 5, 2022
MSME Loans - Importance of reliable credit analysis

MSMEs have a significant impact on the overall growth of the world economy and its various milestones. According to a world bank report published in 2020, MSMEs...

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INSIGHTS
December 5, 2022
Enabling Digital Transformation across Financial Ecosystem with Open API

In the last decade, Financial Institutions (FIs) have seen a key transformation across their technology ecosystem. Disruption from present-day FinTech’s, NeoBanks, New- Age Lenders, and...

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November 18, 2022
Why Buy now pay later is what you need to scale your lending business?

Buy now pay later (BNPL) is short-term financing offered at the point of sale for customers purchasing, as a finance option. BNPL cuts through a lot of processing by the very way it...

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LOAN MANAGEMENT
November 17, 2022
12 Features That Makes A Loan Management Software Outstanding

Digital Lending Report, November 2018, by the Boston Consulting Group (BCG) projects that with the introduction and penetration of India Stack (UPI) in the banking system, 50% of the loan...

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November 15, 2022
Rise of MSME lending

MSME comprises majorly micro and nanoscale enterprises that are proprietorships. A good share of these enterprises has daily sales upwards of 2,000 rupees only.

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LOAN MANAGEMENT
November 8, 2022
Role of Technology in MSME Lending: How Lenders Can Use Technology to Improve Efficiency and Serve MSME Borrowers Better

Technology has always played an important role in the world of MSME lending. However, in recent years, its role has become even more significant. This is because lenders have realized...

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November 8, 2022
Why technology is imperative in the competitive lending business?

The goal of any lending business is to increase its loan books by effectively servicing loans, managing capital and using technology to scale its operations. However, there are many businesses...

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LOAN ORIGINATION
November 4, 2022
7 Stages in Loan Origination process

The First stage of Lending/Financial services is Known as Loan Origination process. The most important & critical stage in complete Loan servicing. The Finance Industry is now shifting...

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LOAN MANAGEMENT
October 27, 2022
How Nbfc Software Could Make your lending business easy

NBFCs or Non-Banking Financial Institutions/Companies play a leading role in extending financial services and in promoting global economic growth by addressing diverse financial needs...

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INSIGHTS
October 14, 2022
5 Reasons Why NBFC’S must Embrace Smart Technology Today

The NBFC sector in India is revolutionizing. Industry experts believe that the lending market is as big as $600 million and is further growing at a rate of 19% -21%. Alternative lending firms,...

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INSIGHTS
October 14, 2022
6 Factors that led Growth of NBFCs In India.

Non-banking Financial Companies (NBFC) sector in India has undergone a significant transformation over the past few years and plays a significant role in the growth of the Indian financial system.‍...

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LOAN MANAGEMENT
October 14, 2022
Automation and Digitalisation in Micro Lending

According to World Bank “By 2020, this number will reach 6.1 billion. Mobile-based digital technology presents a huge opportunity to enhance financial inclusion for the two billion individuals...

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LOAN ORIGINATION
October 14, 2022
How To Choose A Loan Origination System That Fits Your Business?

The lending industry is undergoing a paradigm shift. Consumer behaviour is rapidly evolving, where borrowers expect loans to be issued in minimal time, probably in one-tap...

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October 14, 2022
How to create a seamless, efficient operation of the lending business?

Traditionally, the lending sector has relied on a large number of personnel, paperwork, and complicated procedures that are difficult, and tiring for individuals to complete...

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INSIGHTS
October 13, 2022
5 Big Techs Disruptions That Are Changing Indian NBFCs.

Banks have always been perceived as preferred lending partners in India. However, there is a massive base of borrowers at the mid and bottom level of the income pyramid, MSMEs, that...

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DEBT COLLECTION
October 13, 2022
Eight Data-driven Strategies To Drive Loan Collections To Profitability!

Debt recovery has always perplexed NBFCs due to increasing bad debts or delayed outstanding payments. Underlying reasons for it are high dependency on human resources and a non-data...

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INSIGHTS
October 13, 2022
Is Compliance Killing The Speed Of Your NBFC? AutoCloud Can Help!

Adhering to legal and regulatory compliances with agility has been a never-ending effort for NBFCs. With the governing bodies such as RBI regularly introducing new norms in the industry,

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INSIGHTS
October 13, 2022
Ten-pointer Checklist To Transform Your NBFC.

With the intervention of technology, NBFCs have penetrated into the grassroots level of the economy and eased the accessibility in the lending industry. As a consequence of soaring opportunities,...

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INSIGHTS
October 13, 2022
Tech Giants Are Coming To Hunt You Down, NBFCs. Be Prepared.

If the pond is the business world, and the Shark is, let's say, a tech giant like Amazon, Google, or even big Indian players like Paytm, they not only survive in the pond, they disrupt it! For eg, Amazon,...

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INSIGHTS
October 13, 2022
At AllCloud, We Refuse To Move Ahead Alone.

Did you know that as of 2018, approximately 190 million adults were underbanked in India? With such enormous populace being deprived of formal banking facilities, it seems that financial lending...

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LOAN ORIGINATION
October 13, 2022
One-Tap Loan Approval; A Dream Come True?

Imagine if the process of availing a loan could be as simple as buying products on Amazon or Flipkart. You choose a product of your interest, add to cart, choose a payment, and voila! your...

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LOAN MANAGEMENT
October 13, 2022
Why Loan Management System is the core technology for NBFCs.

In an effort to boost the NBFC sector, Union Budget 2020 paved way for it to become a part of the TReDS, an electronic platform to finance/discount trade receivables of MSME's....

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LOAN MANAGEMENT
October 13, 2022
Is Co-lending The Final Answer to The NBFC Crisis? Let’s find out!

2019 was a wake-up call for the RBI, Government, and the economic experts to focus on the NBFC crisis on priority, if the lending industry is to be saved from a collapse...

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LOAN MANAGEMENT
October 13, 2022
Can NBFCs Follow Banks To Create Its Own Ecosystem Using APIs?

NBFCs in India have exponentially grown on the shoulders of technology in the last decade. Digitalization gave Indian lending industry the hope to become $100 billion in size by 2023...

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INSIGHTS
October 13, 2022
Digital Framework for Payday Lending Process.

India’s Domestic Credit Growth [2000 - 2020] shows a turbulent trend in credit availability. It is depressingly trending downhill especially since 2019-20. Hence, non-banking avenues to...

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INSIGHTS
October 13, 2022
How “Paperless Loan Processing” Will Change Your Business Growth and Help Predict the Future?

Retail lenders are realizing that to sustain the cutthroat competition they have to invest in managing their business processes and systems. Modern Business needs simplified...

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DEBT COLLECTION
October 12, 2022
The Impact of Digital Collections in Debt Recovery and Its Advantages

A McKinsey report published in early 2020 indicated that the global debt collections industry is struggling even though more industries than ever before are relying on its...

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LOAN ORIGINATION
October 12, 2022
Increase Efficiency across Lending Operations with Cloud Software

The loan origination process is complex and highly fragmented. The manual process requires multiple touchpoints between different departments of the front office and back offices –...

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INSIGHTS
October 12, 2022
Importance of API for Lending Ecosystem

Advancement in technology coupled with changing consumer demands has impacted the supply and demand side of the lending ecosystem. On the demand side, there is a massive shift...

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INSIGHTS
October 11, 2022
Financial Institutions! Choose SaaS for Innovation

Financial institutions have gone through a transformation over the past few years driven by technology innovation. This transformation has been driven by new entrant...

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NEWS
October 11, 2022
NBFCs directed to Implement Core Financial Services Solutions by September 2025

Reserve Bank of India (RBI), in a circular published on October 1, 2022 said it has been decided that NBFCs - Middle Layer and NBFCs - Upper Layer with 10 and more 'fixed point service...

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DEBT COLLECTION
October 11, 2022
Rise of Digital payments and its impact on Loan Collection

The global debt value increased over 9% from the first quarter of 2020 to the last, from 258 trillion U.S. dollars to 281.5 trillion U.S. dollars. The value of global debt in the fourth...

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INSIGHTS
Will Microfinance survive the Covid-19 crisis? Will MFIs join the shift to digital lending?

Microfinance has traditionally been a socially driven enterprise – the ultimate goal of which is to achieve financial inclusion. By 2014, over 130 million people directly...

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INSIGHTS
The need for Financing to support the budding Indian EV Industry

The global automobile industry is currently undergoing a gradual but massive paradigm shift. It is slowly switching to alternative and energy-efficient options, to counteract the negative impacts...

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Popular Posts
Why technology is imperative in the competitive lending business?
November 8, 2022
Rise of MSME lending
November 15, 2022
Why Buy now pay later is what you need to scale your lending business?
November 18, 2022