Top 7 Features to Look for in Automated Debt Collection Software Is your financial institution still chasing overdue payments manually while others are using intelligent software to recover faster, cheaper, and smarter? In today’s rapidly changing financial ecosystem, banks, NBFCs, and other lending institutions face a growing challenge—recovering overdue payments efficiently while keeping operational costs…
What is a Loan Origination System and How Does It Work? A Loan Origination System (LOS) is a digital platform used by banks, NBFCs, and financial institutions to manage the end-to-end loan origination process. From receiving a loan application to final disbursement, an LOS automates and streamlines every step, ensuring faster approvals, better compliance, and…
Selecting the right core banking system is crucial in today’s dynamic digital banking landscape. A core system must not only be robust and efficient but also adaptable to evolving customer demands and the changing banking environment. Amidst concerns surrounding outdated Core Banking systems, banks need to be aware of potential limitations and explore viable alternatives….