Category: Lending

Home / Lending

How digital can bridge the gap in MSME lending

According to the Indian Ministry of MSME’s Annual Report for FY18, there were a total of 63.3 million MSMEs (Micro, Small, and Medium Enterprises) in India. Further, MSMEs (broadly defined as businesses with annual revenue up to INR 250 Cr - approximately US$ 35 million) accounted for 30% of India’s GDP, 45% of India’s total manufacturing output, and 40% of read more...

Digital in Lending: Living up to the Hype

While it might not seem obvious, there is a big difference between innovations that are revolutionary and innovations that are disruptive. Take, for instance, the invention of the automobile. Clearly, the first automobiles were innovative but their high cost prevented them from disrupting the market for horse-drawn vehicles. Ultimately, the first affordable read more...

Buying a Home is More than Just the Mortgage

The unprecedented success of service oriented companies such as Airbnb, Amazon and Uber has made it clear that for many of today’s customers “experience is a vital part of the product”. While it does not mean that an inferior product can be hidden by wrapping it in a superior experience, it does reinforce customers’ growing preferences for unique experiences. read more...

Delivering Regulatory Compliance Quickly and Cost Effectively

A 2017 survey reported that compliance costs for financial institutions are expected to double by 2022. While most regulatory changes are announced with compliance-by date, which provides adequate time for making the changes, it is always a challenge for banks and other financial services companies to ensure compliance. The reasons include lack of understanding of read more...

Is the Bank back office the key to unlock the next wave of growth and ...

Year after year, surveys have consistently ranked customer experience as the topmost priority for banks. However in a recent  survey, 72% of respondents said that their banking provider’s customer service has not improved over the past year. So what does this mean? Are the banks really not doing anything at all to improve customer experience? Probably not. One read more...

Is your Lending Voice-ready?

In businesses based on trust, relationships can make a lot of difference. Face to face interactions with customers have traditionally been considered an important part of banking. However, as customers increasingly prefer digital interactions over branch visits, banks are looking for new ways to maintain connect with their customers. While personalization of products read more...

Riding the Digital Wave to Deliver Housing for All

  Driven by population growth and rapid urbanization, housing shortages are causing increased homelessness in urban India. According to the Technical Group set up by the Government of India, 88% of urban housing shortages are from Economically Weaker Sections (EWS) and around 11% from Lower-Income Groups (LIG). The problems cited include limited access to read more...

About Nucleus

At Nucleus Software we are committed to providing efficient, modern yet proven software solutions for the global Banking and Financial Service industry. We have been pioneers in developing Retail Banking Software, Corporate Banking Solutions, Transaction Banking, Cash Management and Internet Banking Software since 1986. Our success spreads across more than 50 countries, and we serve our customers globally through our direct and partner operations across US, Europe, Asia-Pacific, Africa and the Middle East. We are known for our world-class expertise and innovation in lending and transaction banking technology. Our two flagship products, built on the latest technology are: FinnOne™ and FinnAxia™.