Category: Uncategorized

Home / Uncategorized

Joining the Digital Wave: Lending in Middle East

Business today is complex – economic conditions are volatile, technology is powering disruption and customers are impatient. The Middle East has seen more than its fair share of challenges - The World Bank reported that regional growth in MENA is projected to fall to 2.1% in 2017 from 3.2% in 2016, before recovering partially to 3.0%  in 2018 and 2019. Growth read more...

Alternative credit scoring: A new landscape of opportunities and risks

In many parts of the world, access to centralised, accurate credit histories is taken for granted. However this is not the case everywhere, for example, in India nearly  80 per cent of the  adult population does not have a credit record, and as a result they  have difficulty accessing formal credit.  Clearly many of these people are creditworthy but don’t have read more...

How can traditional banks win the battle for Millennials?

According to a three-year study by Scratch/Viacom Media Networks covering 10,000 millennials (people born between 1982 and 2000), 71% of them would rather go to the dentist than listen to what banks say.   The same survey reported that all four of the top banks in the U.S. are among the 10 “least loved” brands, and a third of millennials believe they read more...

Who moved my Bank?

In the last decade or so, the global financial services landscape has undergone many radical changes – mergers and acquisitions, government-backed takeovers and regulatory challenges,that have reshaped the competitive landscape. Rapidly advancing technology and changing consumer behavior have placed the future of the bank branch at significant read more...

Keeping it Simple – it’s harder than it seems?

This blog originally posted on Nov 7 was updated on Dec 9 to reflect bob Finance and FinnOne winning ‘The Banking Technology Award 2016 – Highly Commended for Best Use of IT in Lending’   It seems obvious that the simplest solution is the best solution, after all, which would you prefer – a complex, difficult to understand and hard to operate read more...

The Sharing Economy: Creating New Opportunities for Banks

  The rapid advances in technology have been reshaping the ‘marketplace’. Normally described as the evolution of the market, in many ways, it is actually a “return-to-the-past”, in that technology is enabling markets to operate as they did previously - removing intermediaries and putting economic actors in direct contact with one another once again. One read more...

The Brexit Conundrum: Implications and Repercussions on Corporate ...

As Europe’s premier international financial center, the UK leads in most financial services areas. Around 35% of the EU wholesale financial services activity takes place in London and the country’s financial services industry attracts more FDI than any other sector (35%). Its share of the financial markets in the EU is as follows: However, as a result of 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™.