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IDBI Bank launches digital loan processing system for MSME, agri borrowers

Synopsis The Loan Processing System (LPS) for MSME and agri products seamlessly integrates with data fintechs, bureau validations, document storage, account management and customer notifications among others. iStock Suresh Khatanhar, Deputy Managing Director, IDBI Bank said the LPS integrates with the existing core database, human resource management system, and various other applications of the bank. NEW DELHI: IDBI Bank on Wednesday announced the launch of its fully digitised loan processing system, offering over 50 products to MSME and agriculture sector. The Loan Processing System (LPS) for MSME and agri products seamlessly integrates with data fintechs, bureau validations, document storage, account management and customer notifications among others, IDBI Bank said in a release.

Making digital lending inclusive through alternative data sources

Making digital lending inclusive through alternative data sources May 11, 2021 Steady growth In India, the willingness of rural customers to accept the digital mode has been ‘very high’.   -  ISTOCK Steady growth In India, the willingness of rural customers to accept the digital mode has been ‘very high’.   -  ISTOCK× Adoption of alternative data sets by lenders can help them grow with differentiated product offerings for different retail and enterprise business Financial independence and accessibility are unarguably the two key pillars of India’s growing and modern economy. The evolving FinTech ecosystem of the country is enabling individuals and businesses to have easy and faster credit access, tailored to their needs, to facilitate this growth. While credit enables individuals to purchase, it allows MSMEs to cater to this demand and thus create jobs in the economy. However, access to formal credit, especially to MSMEs, has been a challenge for loan providers. T

Турист из России подозревается в хищении десятков тысяч шекелей, благодаря установке считывателей на банкоматы

Турист из России подозревается в хищении десятков тысяч шекелей, благодаря установке считывателей на банкоматы
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Home Captain Hires Craig Evans as Chief Operations Officer

Home Captain Hires Craig Evans as Chief Operations Officer ACCESSWIRE 01 May 2021, 04:05 GMT+10 NEW YORK, NY / ACCESSWIRE / April 30, 2021 / Home Captain, a financial technology company offering a suite of products to lenders, today announced that it has hired Craig Evans as Chief Operations Officer. In this newly created position, Evans will be responsible for Strategic Partnerships and client facing activities including Business Development, Implementation, and Client Services. Evans was most recently Chief Operating Officer for Digital Lending and Origination Products at Fiserv. In this role, he helped the company to rebuild client support functions, significantly raised customer satisfaction (NPS) scores, and achieved profitability for Mortgage Loan Origination Systems (LOS). Prior to joining Fiserv, Evans was the Mortgage Executive at Ally Financial, Chief Operating Officer at First Reliance Bank, and has held numerous other leadership positions in the banking and financial

Home Captain Hires Craig Evans as Chief Operations Officer

Home Captain Hires Craig Evans as Chief Operations Officer
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