Generative AI is widely forecast to be the “next big thing” in just about every industry. How transformative it will be is yet to be seen, but for core banking there are already a number of important use cases.
Maintaining a continuous service doesn’t just allow you to perform your core business without interruption: it also builds trust with your customers and gives you a reputation for reliability. Oradian supports business continuity by protecting against major disruptions such as cyberattacks, natural disasters, and supply failures.
At a recent event in Lagos, Oradian’s CEO and Co-founder Antonio Separovic caught up with Henry Obiekea, Managing Director of FairMoney, and Richard Rotoye, Managing Director of Creditville, to discuss their journeys to success.
Our model-first approach to APIs ensures they are uniform, and allows us to extend it to enable countless use cases that make an enormous difference to our customer's ability to grow and scale.
Digital finance is exploding in the Philippines. Customers are demanding instant, accessible, flexible loan products, and many of these people are from underserved, rural communities.
Although tech-first digital lenders are already using technology to shorten the loan cycle, without interconnected systems it can still be a time-consuming process. This ultimately hinders a firm’s ability to on-board new clients and disburse loans efficiently, harming long-term growth prospects.
To stand out from the crowd, lenders need to maintain an extremely high level of speed and performance, both in terms of testing and deploying new loan products, and in terms of their existing loan workflows.
As your business grows, you need an advanced, configurable core banking system that enables your business to seamlessly develop new products, deliver them to your clients, and expand your operations without any interruption to your business.
In emerging economies, many borrowers lack any kind of credit history, making it almost impossible for lenders to a build a reliable picture of a prospective borrower’s creditworthiness. The answer to this problem lies in alternative data.
The Nigerian regulatory authorities have been cracking down on unlicensed digital lenders as part of a broad push to boost digital lending and protect consumer rights.
One of the most common challenges faced by digital lenders is having their growth limited by resource bottlenecks. However, for many of them, the unwitting cause of their problems lies in their loan management system. But by choosing the right provider, firms can adopt a loan management system that eliminates barriers to growth rather than imposes them.
Whether you are considering developing a core banking system in-house or partnering with a technology provider, this concise, five-minute guide is designed to assist you in making an informed decision for your business.
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