Category: Loan Origination

Home / Loan Origination

FinTech and Bank: Blockchain can balance the scale for lending

Blockchain, the disruptive technology, which has become famous as the platform that powers crypto currencies such as bitcoin, offers the potential to disrupt banking and financial services. Various banks are working on harnessing the power of the blockchain technology for banking transactions.   Blockchain uses cryptography and a distributed messaging read more...

Using the past to predict the future and reduce NPLs in banking

When the Reserve Bank of India set March 2017 as the deadline for Indian banks to clean up their balance sheets, by classifying stressed assets as Non-Performing loans (NPLs) and setting aside funds (provisions) to cover them by the end of March 2016, many industry commentators were concerned. While the exercise was positive, in that it is designed to restore the read more...

NBFCs looking to technology to power their growth

The revised regulatory framework from the RBI seeks to address regulatory gaps while providing a level playing field for NBFCs and banks.   Over recent years, the NBFC sector has expanded sharply as witnessed by a credit growth at a CAGR of 24.3 % during 2007 -13 as against 21.4 % by the banking sector.   In most of these years, NBFCs grew faster read more...

Re-inventing lending in Japan through new-age technology

"It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause." -- James Grant, author- ‘Money of the Mind’.   Over the past couple of decades, competition among lenders has been fierce and this only seems to be increasing with every passing day. In order to retain existing customers and acquire new read more...

Technology – A Panacea to Mutuals’ Challenges?

How can Mutuals harness Technology to address their Challenges? Technology is transforming the way we bank and consumers are driving this transformation. Customer centricity is the buzzword as banks’ processes and systems are being aligned with their customers. Current trends in banking like mobile first design, digital branches, innovation, and enhanced customer read more...

Consumer lending in Japan – susceptibility to macro events and ...

In 2014, retail lending in Japan grew by 1% y-o-y. This is in sharp contrast to the nearly 8% growth in 2013 when Auto loans and card loans showed very strong performances. While credit cards has witnessed a strong market in Japan for quite some time now, the growth in auto loans can be attributed to the proposed VAT increase from 5% to 8%, which led consumers to read more...

Embryonic opportunities for predictive analytics with the roll-out of ...

Australia has recently introduced a new form of consumer credit reporting known as ‘Comprehensive Credit Reporting (CCR)’. This form of reporting allows credit providers such as banks and other lenders to share positive information about consumers through a credit bureau. Pricing based on credit worthiness is commonplace in mature markets such as the US and UK, 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™.