Category: Retail Lending

Home / Retail Lending

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...

India’s Public Sector Banks must innovate and embrace digital ...

For quite some time, Public Sector Units (PSUs) have been stuck in their conventional way of banking without embracing digitisation. In this era when all types of business are moving online, ignoring digital banking is no longer an option for PSUs but something that they need to do - and quickly!   As per a BCG report, by digitising processes 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...

QISMUT – The new BRICS for Islamic Banking

Similar to BRICS, which have been recognized as fast growing economies by Goldman Sachs in 2001, the next wave of Islamic banking will be driven by QISMUT: Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey.   According to EY’s world Islamic banking competitiveness report, these six countries have been identified as rapidly growing markets (RGMs) read more...

Peer-to-Peer lending – how should banks respond?

Peer-to-peer lending is a great example of a technology-driven innovation. The market, is about linking savers to would-be borrowers, only exists today with any scale because of technology. At its most basic it's a financial version of matchmaking, with cash-rich participants seeking partners with the desire to borrow and a risk profile that the lender is happy read more...

Empowering Banks Via Mobility

Efficiency and customer experience are key for Banks in today’s competitive market. Although regulation may be growing in the banking sector, there is still plenty of freedom for banks to innovate and expand the services they offer. Across the world, this is leading to growing competition among banks. This increased competition, financial innovation and the demand 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™.