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Lesson from challenger banks: Customer centricity really works

In 2010, when Metro Bank became the UK’s first new high street bank in 150 years, little did we know that floodgates were being opened. Today, there are more than 20 banks in various stages of license application and a backlog of 86 peer-to-peer lending companies awaiting authorization to operate from the Financial Conduct Authority. It is clear that challenger read more...

Using Analytics to Drive Growth and Improve Customer Experience in ...

Islamic banking and finance has risen rapidly, and today there are nearly 500 Islamic banks operating in 75 countries around the world. The future is very promising as well, with assets projected to grow at 9.80% CAGR over the next 5 years to reach USD 2.61 Trillion. The QISMUT region continues to drive a lot of the growth, accounting for more than 80% of global read more...

Customer centricity in bank lending: FinTech shows the way

The banking and financial services space has witnessed tremendous change recently, especially with regard to the rise of new players. As reported by KPMG, financing for FinTech has jumped 6 fold in the last 3 years, reaching US$20billion in 2015. The number of ‘unicorn’ FinTech companies has increased quickly, with Finovate reporting 46 and 38 more catching up read more...

Re-inventing lending in Japan through new-age technology

"It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause." -- James Grant, author- ‘Money of the Mind’.   Over the past couple of decades, competition among lenders has been fierce and this only seems to be increasing with every passing day. In order to retain existing customers and acquire new read more...

Technology – A Panacea to Mutuals’ Challenges?

How can Mutuals harness Technology to address their Challenges? Technology is transforming the way we bank and consumers are driving this transformation. Customer centricity is the buzzword as banks’ processes and systems are being aligned with their customers. Current trends in banking like mobile first design, digital branches, innovation, and enhanced customer read more...

Embryonic opportunities for predictive analytics with the roll-out of ...

Australia has recently introduced a new form of consumer credit reporting known as ‘Comprehensive Credit Reporting (CCR)’. This form of reporting allows credit providers such as banks and other lenders to share positive information about consumers through a credit bureau. Pricing based on credit worthiness is commonplace in mature markets such as the US and UK, read more...

4 Ways Global Transaction Banking is Changing

Global Transaction Banking (GTB) has gained significant momentum in the last five years and is becoming increasingly important for banks as corporates continue to expand their businesses across the globe. Last year, 2014, could be described as the transition year for transaction banking, seeing the recovery from the financial crisis and the promise of a strong future 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™.