The Central Bank of Kenya’s ongoing efforts to regulate its digital lending sector have taken an important step forward, with the first lenders successfully receiving a license to operate in the sector. Kenyans will see this is an important towards eliminating poor compliance and predatory practices, but is there more to these new regulations than meets the eye?
Oradian Notifier offers an extra level of client interaction, enabling financial institutions to deliver push notifications that alert their clients and teams to changes, updates, news, or reminders across their core system. It is an optional, configurable API integration that extends the capabilities of the core banking or loan management system.
Implementation is how Oradian configures your new core banking system and trains your staff in its use. It requires a proper plan, a well-thought-out business case, and buy-in from senior management from preparation to execution. This paper offers eight top tips – lessons learned from our customers over the years – that you can follow to perform the best implementation possible.
Financial technology has prompted a greater awareness of data security and regulatory compliance. This means data security has become something your customers don’t just expect, but demand. Here are five simple tips to follow to ensure your banking and lending systems are secure.
64 million of Nigeria’s population of nearly 200 million people still do not have access to banking – but Nigeria’s technology start-ups are rising to this challenge. With over 187 million mobile connections across the country, the opportunities for fintech growth are huge.
FairMoney, the leading credit-led digital financial institution in Nigeria, engages cloud banking solution Oradian to power their next phase of growth.
Oradian’s core banking system is extensible, which means it can be easily and quickly configured by its users. This works on the principle of parametrisation – the ability to adapt the core system without the need for external customisation or development work.
Your new core banking system needs to help solve some of the challenges faced by your financial institution. This article outlines some of the most common problems your organisation might be experiencing, and how a cloud-based core banking system might help you meet them.
All lenders face challenges when it comes to their core banking system. They might understand the tech, but there are still several factors that make choosing or managing a modern, cloud-based core banking system difficult. Here, we’ve outlined some of those challenges, and some of the steps you can take to alleviate them.
Custom fields are simple to use and can be quickly added in real time – and they allow users to configure their own data inputs and collect the exact data they require without complex development. They’re part of Oradian’s commitment to extensible banking.
With an enormous population and a rapidly growing economy, Indonesia is primed to embrace fintech. It’s why a report from October 2021 counted as many as 322 fintech companies and 125 registered lenders. What’s driving this relative fintech boom in South East Asia’s largest economy?
Before digitalisation, the process of obtaining a loan was extremely time-consuming, causing long wait times for approvals and a negative client experience. But today, lenders are using the latest digital banking solutions to rationalise customer data, gain a holistic view over their clients, and deliver their products more efficiently than before.
Come and see the future with us. Talk to one of our core banking experts.