Intercontinental Bank, Nigeria has implemented FinnOne from Nucleus Software. The banking solution has automated the bank’s credit origination process and provided end-to-end solutions for retail and corporate loans.
Selected after a thorough evaluation of the various system proposals, FinnOne has enhanced customer service by automating the credit origination, effectively tracking applications, timely disbursements, faster collections, on time income accruals and swift decision-making.
Adebiyi Olayinka, executive director, Intercontinental Bank, said: “Nucleus Software’s FinnOne was chosen after a rigorous selection process for the automation of our credit process. Implementation at the initial stages was not easy but at the end of the day, the choice of the software in terms of its benefits outweighs the challenges. The bank can now process credit online, improve on credit turn around time, achieve objectivity in credit processing/approval and consequently improve on the quality of its risk assets while also achieving dramatic improvement in customer service delivery. This is in addition to ultimately capturing the credit market.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more