Perfios Insights automates the entire process of financial checks, verification and extraction of financial data. Perfios Insights can help in dramatically improving the turn-around time for processing an application whether it originated from the offline or online channel.
This product has been especially developed for Financial Institution in India (Banks, NBFI’s etc.). Perfios is leveraging its core technologies in automating key aspects of certain common processes in Financial Institutions.
Currently corporates and Financial Institutions are facing a lot of problem with the manually intensive ways of aggregating transactions from their multiple corporates Bank Accounts, which in many cases runs into hundreds of Bank Accounts.
Perfios Advisor solution is specially designed for Independent Financial Advisors (IFAs) who would want to manage their client’s portfolio on a single platform. This solution is based on our most advanced personal finance management product.
NEW DELHI: SBI has attained the speed of 15,000 transactions per second as against the current utilisation of only 4,600/second, and is “future ready”, the country’s largest lender told its shareholders.
Last week, the Reserve Bank of India said an 89-year-old lender, founded by the Devkaran Nanjee family of Mumbai, is unfit to conduct normal banking business, thanks to its financial position which is so precarious that it may collapse if allowed to continue.
Some Indian banks, especially state-run lenders, may end up on the losing side in the competition with financial technology firms, said Ronit Ghose , global sector head for banks at Citi Research.
PUNE: Six of the 11 startups graduating from the Startupbootcamp FinTech Mumbai cohort have secured pilot projects.