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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...

Is your Lending Voice-ready?

In businesses based on trust, relationships can make a lot of difference. Face to face interactions with customers have traditionally been considered an important part of banking. However, as customers increasingly prefer digital interactions over branch visits, banks are looking for new ways to maintain connect with their customers. While personalization of products read more...

Revised Payment Services Directive (PSD2): Pipeline to European ...

If data is the new oil as many technology capitalists have remarked, the revised PSD2 (Payment Services Directive) regulation is the new pipeline that will allow third party providers (TPPs) to access customer data in EU banks.   On 13th Jan 2018, when the PSD2 regulation was adopted by legislation in EU countries as per the EBA (European Banking read more...

How Analytics is helping Credit Managers become Finance Leaders

Credit managers have always played a critical role in making sure that the right balance is maintained between risk aversion and profit maximization. As the digitization of financial services continues, they can leverage that experience to take the next step change – from day-to-day, tactical support to long term, strategic impact. Combining the latest read more...

Corporate Banking is just like the International Space Station

On Friday, January 19th 2018, the International Space Station (ISS) completed its 7,000th day in orbit – that’s over 19 years. Creating the space station was extremely challenging – considering that it circles the Earth every 90 minutes at a speed of 28,000 kilometers per hour. To make matters more complex the ISS was designed to be permanently occupied, a 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™.