Nucleus Software Exports Limited Launches New Offering to Help Lenders Capitalize on the Buy Now Pay Later Opportunity
December 21, 2020 at 06:11 am
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Nucleus Software Exports Limited announced the launch of FinnOne Neo 5.5, the latest version of its digital lending platform. The new version has been designed specifically to help lenders rapidly expand business operations and generate new digital revenue streams by targeting new customer segments. It will also enhance their digital portfolio rapidly and deliver end-to-end contactless banking. FinnOne Neo 5.5 helps lenders easily handle the complexities associated with managing the BNPL instant digital loans. With support for a range of channels, including mobile apps and web portals, FinnOne Neo 5.5 facilitates digital processing of the entire loan lifecycle. The solution provides comprehensive support for specialist automotive lenders across operating and finance leases, while also delivering additional revenue generation options through Value Added Products. To improve convenience and provide 24x7 contactless operations, customers can now complete loan service requests through smart watches, fitness trackers and WhatsApp-based Chatbots. To improve security and compliance, FinnOne Neo 5.5 allows lenders to conduct contactless on-boarding with Video KYC integrations. The solution helps lenders increase effectiveness and efficiency in collections by providing tele-callers with context sensitive calling scripts that are automatically tailored for each
customer. With continued regulatory focus on moratoriums and loan restructuring, FinnOne Neo 5.5 allows lenders to handle multiple complex scenarios easily for such compliance needs.
Nucleus Software Exports Limited is a provider of lending and transaction banking products to the financial services industry. The Company is engaged in the business of development and marketing of software, product, and software services for business entities in the banking and financial services (BFS) vertical having its operating units located in Noida, Uttar Pradesh. It operates in seven geographical segments: India, Far East, Southeast Asia, Europe, Middle East, Africa, and Australia. Its two flagship products include FinnOne Neo and FinnAxia. FinnOne Neo suite is an end-to-end solution for lending businesses. FinnAxia suite offers an enterprise solution for the transaction banking operations of corporate banks. It provides various lending, such as FinnOne Neo retail lending, FinnOne Neo corporate lending, FinnOne Neo digital channels, and Nucleus lending analytics. Its transaction banking includes advisory services and FinnAxia cash and liquidity management.