Birlasoft announces strategic partnership with Namaste Credit

Improving Efficiency Ratios 3-10% by increasing the productivity of sales, credit and risk departments, Birlasoft said.

November 12, 2020 15:32 IST India Infoline News Service

Birlasoft and Namaste Credit will work together to provide banks and non-bank lenders with a range of benefits in their small business and retail loan operations by leveraging Namaste Credit’s industry-leading AI and automation platform, including:

• Attracting and retaining high-value customers
• Reducing loan application review & decision times by over 90%
• Enabling fully digital onboarding & client engagements resulting in more rapid loan growth
• Significantly enhancing credit analytics by being able to use 10-100x more customer data points
• Improving Efficiency Ratios 3-10% by increasing the productivity of sales, credit and risk departments

By bringing together Birlasoft’s expertise in building, integrating, modernizing and maintaining Lending and Leasing systems, as well as Risk Management systems for banks and financial institutions, and Namaste Credit’s cloud-based SAAS platform for client onboarding, underwriting and risk monitoring, the partnership will enable lenders to leverage their existing systems and processes, while accelerating their digital transformations and streamlining their operations and data management.

“By partnering with Namaste Credit, Birlasoft is bringing its clients best-in-class solutions from one of the leading small business-focused fintechs globally”, said Shilpa Bhandari, Senior Vice President & Global Head , Banking, Financial Services & Insurance.

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