Category: Artificial Intelligence

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How digital can bridge the gap in MSME lending

According to the Indian Ministry of MSME’s Annual Report for FY18, there were a total of 63.3 million MSMEs (Micro, Small, and Medium Enterprises) in India. Further, MSMEs (broadly defined as businesses with annual revenue up to INR 250 Cr - approximately US$ 35 million) accounted for 30% of India’s GDP, 45% of India’s total manufacturing output, and 40% of read more...

Digital in Lending: Living up to the Hype

While it might not seem obvious, there is a big difference between innovations that are revolutionary and innovations that are disruptive. Take, for instance, the invention of the automobile. Clearly, the first automobiles were innovative but their high cost prevented them from disrupting the market for horse-drawn vehicles. Ultimately, the first affordable read more...

It’s time for banks to lead with insights driven innovation

  According to a recent IDC report, the size of the global datasphere will be 175 zettabytes (ZB) in 2025.To put that number into context, 175 ZB is comparable to watching the entire Netflix catalogue more than 489 million times. The tremendous data explosion has helped technology giants like Amazon, Google, and Facebook generate vast revenues and profits. read more...

Can AI deliver the perfect predictions Corporate Treasurers need to ...

  It is said that when the great god Zeus overcame the Titans, he spared two, Prometheus and his brother, Epimetheus and gave them the task of going to Earth to make its creatures. Just before he sent them down from the heavens, he gave Epimetheus gifts to offer their creations. Using the abundant river clay of earth, the brothers began to mold their read more...

Buying a Home is More than Just the Mortgage

The unprecedented success of service oriented companies such as Airbnb, Amazon and Uber has made it clear that for many of today’s customers “experience is a vital part of the product”. While it does not mean that an inferior product can be hidden by wrapping it in a superior experience, it does reinforce customers’ growing preferences for unique experiences. read more...

Driving Customer Delight in Corporate Banking with Intelligent ...

It is often reported that it costs five times more to attract a new customer than it does to keep an existing one.  Yet, in today’s hyper-competitive business environment where customers who already demonstrate low levels of loyalty and are presented with virtually unlimited choice, many financial services firms fail to show that they truly understand their read more...

Fraud: In a real-time world can AI detect and prevent it in real-time?

While digitization in financial services is bringing many benefits, it is also making financial institutions more vulnerable. According to recent reports by McAfee, cybercrime and financial fraud is currently costing the global economy an estimated $600 billion per annum. In fact, the true cost could actually much higher as firms cannot accurately identify and read more...

About Nucleus

At Nucleus Software we are committed to providing efficient, modern yet proven software solutions for the global Banking and Financial Service industry. We have been pioneers in developing Retail Banking Software, Corporate Banking Solutions, Transaction Banking, Cash Management and Internet Banking Software since 1986. Our success spreads across more than 50 countries, and we serve our customers globally through our direct and partner operations across US, Europe, Asia-Pacific, Africa and the Middle East. We are known for our world-class expertise and innovation in lending and transaction banking technology. Our two flagship products, built on the latest technology are: FinnOne™ and FinnAxia™.