Banks and fintechs are focusing on elevating customer experience by addressing inherent needs: comparing options, faster delivery, and hyper-personalized solutions. Three futuristic banking models explore these requirements.
Godrej Capital has partnered with trusted brands like Amazon Global Selling, Onsurity, Zolvit and MSMEx to provide solutions around core challenges faced by MSMEs and will look to enhance its partner network in the near future
The start-up’s pilot ‘Collection Product’ used a tailored and personalised approach to help a Financial services leader achieve a 10% jump in the collection efficiency of loans
According to the CleverTap’s Fintech Benchmark Report, the average stickiness quotient for fintech apps is 22 per cent, which is high compared to other app genres, indicating nearly one-quarter of MAUs consistently return to their fintech apps
Money Lessons is a graphic novel, which covers topics such as the evolution of money, different kinds of money, banking, value, spending, saving, borrowing, investing, exchanges, currencies, demand, supply and more
The fintech also launched Thoth, a no-code artificial intelligence platform that allows business users to build advanced machine-learning models within six hours
In addition to giving a transparent view of loans to all parties, the system will reduce operational challenges and costs and help the credit market grow fast with the operationalization of co-lending