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In the pursuit of promoting broader economic prosperity and empowerment, governments worldwide are uniting in their shared goal of advancing financial inclusion. While there has been notable progress, a substantial portion of the population still lacks access to financial services like credit and savings. Fintech firms, however, are playing a pivotal role in bridging this gap by employing tailored business models and prioritizing digital strategies.   Read this blog to find out how fintechs are improving the accessibility and affordability of financial services for marginalized populations across the globe. https://lnkd.in/dy7JfY5g   #digitalloancollection #debtrecovery #lending #financialservices #fintech #finance #banking #nbfc #banks #bfsi #technology #tech #digitaltransformation #financialinclusion #digital #credgenics

The fintech industry's pace of innovation has not only digitized traditional processes but has also changed how consumers access financial services. Everyday account management no longer necessitates face-to-face interactions; instead, it can be personalized with a simple tap, right from the comfort of one's home. This transformation is fueled by the expansion of the banking sector, rapid integration of digital technologies, shifts in consumer preferences, and growing support from investors and regulatory authorities. Discover more about the impact of fintech on the finance industry in the blog, "5 Ways Fintech is Impacting the Finance Industry" and learn about the ✨ Significance of fintech in the financial landscape ✨ Market forecasts for the coming years amid its exponential growth https://lnkd.in/gXqquEJJ #digitalloancollections #debtrecovery #loancollections #bankingtech #financialservices #fintech #finance #banking #bankingindustry #nbfc #banks #bfsi #digitalbanking #technology #tech #digitaltransformation #innovation #digital #credgenics

Danske Bank joins the rank of investors in United Fintech #Danske Bank joins the ranks of institutional investors in United Fintech Group Limited, marking a pivotal moment in the evolution of collaborative innovation within the financial services sector. As the third institutional investor to secure a board seat, Danske Bank aligns itself with leading industry players like BNP Paribas and Citi, underscoring the significance of shared collaboration in driving forward the digital transformation agenda of global banking. Claus Harder, Head of Transaction Banking & LC&I Business Development at Danske Bank, expresses enthusiasm for the partnership, highlighting the vast opportunities for collaboration within United Fintech's ecosystem of fintech companies. This strategic move positions Danske Bank to enhance its customer value proposition by leveraging innovative solutions and engaging directly with emerging fintechs. By digitally supporting Danske Bank's Forward ’28 strategy, the investment in United Fintech opens doors to explore cutting-edge fintech solutions, forge strategic partnerships, and accelerate digital ambitions across various banking sectors. United Fintech, founded in 2020 by CEO Christian Frahm, stands at the forefront of industry transformation, offering an industry-neutral Digital Transformation Platform where financial institutions and technology providers converge to shape the future of finance. With investments from key players like BNP Paribas, Citi, and now Danske Bank, United Fintech propels collaborative fintech innovation into a new era, breaking down traditional silos and fostering collective growth and success. The announce on #Danskebank website in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

Ever heard fintech gurus claim that traditional banks just don't get innovation? 🤔💡 Tedd Huff and Colton Pond, with the sharp insights of John J. Maxfield, take this notion for a spin in the latest episode of Accrued. They challenge the divisive rhetoric with a humorous yet poignant analogy: calling out the naysayers as clowns heading to the circus. 🎪🤡 Sign up for Fintech Confidential emails at https://lnkd.in/dUBRYH5d This episode isn't just about debunking myths; it's a rallying cry for fintechs and banks to combine forces. Imagine the power of marrying the best banking practices with cutting-edge technology. The trio discusses real-world examples of this synergy, proving that collaboration is the key to driving innovation for the greater good. 🌐🔑 The takeaway? It's time to ditch the competition mindset. Join us as we explore how fintechs and banks can work together to create a more inclusive, innovative, and responsible financial future. 🤝💼 Accrued, a Fintech Confidential series presented by LoanPro #FintechInnovation #BankCollaboration #FinancialTechnology #BankingSector #FintechPartnerships #FinancialIndustry #InnovationInFinance #FintechAndBanks #DigitalBanking #FinanceCollaboration #FintechStrategies #BankingTransformation #FintechGrowth #BankingAndFintechAlliance #FinancialServicesInnovation #FintechBankingSynergy #BankingFuture #DigitalFinance #FintechTrends #BankingTrends #FinancialSectorCollaboration #FintechBankingCollaboration #FinancialEcosystem #FintechDevelopment #BankingInnovations Tedd Huff DD3 Media Fintech Confidential

Ever heard fintech gurus claim that traditional banks just don't get innovation? 🤔💡 Tedd Huff and Colton Pond, with the sharp insights of John J. Maxfield, take this notion for a spin in the latest episode of Accrued. They challenge the divisive rhetoric with a humorous yet poignant analogy: calling out the naysayers as clowns heading to the circus. 🎪🤡 Sign up for Fintech Confidential emails at https://lnkd.in/dUBRYH5d This episode isn't just about debunking myths; it's a rallying cry for fintechs and banks to combine forces. Imagine the power of marrying the best banking practices with cutting-edge technology. The trio discusses real-world examples of this synergy, proving that collaboration is the key to driving innovation for the greater good. 🌐🔑 The takeaway? It's time to ditch the competition mindset. Join us as we explore how fintechs and banks can work together to create a more inclusive, innovative, and responsible financial future. 🤝💼 Accrued, a Fintech Confidential series presented by LoanPro #FintechInnovation #BankCollaboration #FinancialTechnology #BankingSector #FintechPartnerships #FinancialIndustry #InnovationInFinance #FintechAndBanks #DigitalBanking #FinanceCollaboration #FintechStrategies #BankingTransformation #FintechGrowth #BankingAndFintechAlliance #FinancialServicesInnovation #FintechBankingSynergy #BankingFuture #DigitalFinance #FintechTrends #BankingTrends #FinancialSectorCollaboration #FintechBankingCollaboration #FinancialEcosystem #FintechDevelopment #BankingInnovations Tedd Huff DD3 Media Fintech Confidential

Ever heard the tale that banks just can't keep up with fintech? 🤔💬 Tedd Huff and Colton Pond, along with John J. Maxfield, tackle this head-on in a riveting discussion on Accrued. They debunk the myths surrounding the supposed rivalry between traditional banks and fintech companies, emphasizing the importance of collaboration in the financial ecosystem. 🌐💼 The conversation sheds light on the misconceptions about banks' ability to innovate and serve customers. With a nod to the legacy of banking, initiated by none other than Alexander Hamilton, this episode is a call to action for both sectors to uplift each other for the greater good of the industry. 🏦✨ Sign up for Fintech Confidential emails at https://lnkd.in/dUBRYH5d The takeaway? It's not about fintech vs. banks; it's about how both can work together to propel the financial industry forward. Dive into this enlightening discussion that bridges the gap between tradition and innovation. 🤝🚀 #FintechCollaboration #BankingInnovation #FinancialEcosystem #FintechStartups #TraditionalBanking #FinancialIndustryUnity #FintechBankingPartnership #FinancialTechnology #BankingSector #FintechTrends #BankingFuture #DigitalBanking #FinanceCollaboration #FintechMyths #BankingMyths #FintechVsBanks #FinancialServicesInnovation #FintechGrowth #BankingTransformation #FinancialSectorCollaboration #FintechStrategies #BankingStrategies #FintechAndBanks #FinancialUnity #BankingAndFintechCollaboration Tedd Huff DD3 Media Fintech Confidential LoanPro

How can clients digitally manage their banking needs through automation and workflow connections?   Lloyds Bank and Coba Technology Ltd understand working together in partnership will enhance client experience and are pleased to announce we are doing just that.   For more please see the post below ⬇   #Partnership #digitalisation #fintech #fintechcommunity #automation #workflowconnections 

Forrester 2024 Predictions for Banking spell out why, for #openbanking, “failure to act is, quite simply, failure”. I couldn’t agree more. I don’t subscribe to doing nothing, instead I see opportunity. Specifically, an opportunity for banks to reinvent how they provide value to their customers, and in turn, deliver a far greater return for their shareholders. Access the report here: https://lnkd.in/egSjdrhi

Improved debt collections positively impact the economy, contributing to the reduction of NPAs, operational costs, and instilling confidence in financial institutions to lend, thereby fostering increased economic growth. Credgenics is at the forefront of this transformation, empowering lenders to rethink their debt collection strategies and elevate customer experiences by leveraging advanced technologies through its leading-edge SaaS platform, covering the entire collections lifecycle. IBS Intelligence, a leading financial technology research, advisory, and media firm, with global coverage, speaks with Rishabh Goel, Co-founder and CEO of Credgenics, about the company’s success, products, and expansion plans and how an effective and efficient loan collections process and platform can have a win-win effect for financial institutions, financial inclusion, and overall economic growth in an interview published in the IBSi Fintech Journal. He also talks about prevailing trends such as advanced data analytics, widespread adoption of AI/ML, the surge in digital payments, and the growing focus on customer-centric approaches within the debt collections industry. https://lnkd.in/dmN_cMgF Anand Agrawal | Mayank Khera | Nitin Garg #digitalloancollections #debtrecovery #loancollections #digitallending #financialservices #fintech #finance #nbfc #banks #bfsi #digitalbanking #technology #tech #ai #ml #digitaltransformation #analytics #innovation #digital #credgenics

Thoughtful Insights by Ajit Kumar, Deputy Compliance Officer, Heading Regulatory Compliance, Federal Bank Ajit Kumar sheds light on the evolving relationship between technology and regulatory frameworks. Traditionally seen as a hindrance to technological implementation, regulations have now transformed into enablers, thanks to the emergence of digital technologies. This shift has propelled the term "RegTech" into the forefront, alongside major technological advancements. Ajit Kumar's insights illuminate the dynamic synergy between technology and compliance, offering a roadmap for navigating the complexities of the digital era while ensuring regulatory adherence. Stay tuned for more compelling discussions on the intersection of technology and compliance! Watch more: https://lnkd.in/gEFmhuCA #RegTech #DigitalCompliance #EletsTurns21 #BFSILeaders Alok Pathak | Utkarsh Small Finance Bank | Kanika G. Explore Upcoming Initiatives: https://bit.ly/3TCsMZE