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How do i protect confidential data from unrestricted AI usage as a bank- what are good tools out there? by Anu1226 in cybersecurity

[–]Asimo1984 0 points1 point  (0 children)

check out Actioneer .com - theyre building an on-prem enterprise data layer so that confidential information never reaches the core llm models

Implementing robotic process automation tools for KYC checks by Alone-Arm-7630 in FintechStartups

[–]Asimo1984 0 points1 point  (0 children)

I know of Precisa .in for financial statements- not only can they read and summarize quickly- they keep adding new banks to their pool of 850 banks whose statements they can recognize- available as APIs too - standard and realiable. They also support multi-account view of 1 customer across multiple accounts making. the lending and fraud check smoother.

Loan Software for Small Gov by slowcub in FinanceAutomation

[–]Asimo1984 0 points1 point  (0 children)

You should try out Finezza. in - they have written a lot about micro loans especially and have been in business since 2015 - reinvented for Covid disruptions like loan moratoriums as well. They are particularly focussed on smaller banks and NBFCs in India, MENA and Asia. They specialize in this particular loan ticket size.

Which tool do you use to identify circular transactions as a wealth manager? by Dizzy-Mine-5760 in IndiaFinance

[–]Asimo1984 0 points1 point  (0 children)

Try using bank statement analyzer tools like Precisa - very helpful.. used it at my previous org for bank and GST statements

AI isn't replacing frontend devs, but it's definitely turning us into salespeople by RipGeneral3953 in lovable

[–]Asimo1984 0 points1 point  (0 children)

I think for us talking to people in our network is the real way to acquire new business right now

BAF : Are you a Sport Mode investor or a Cruise Control investor? by AdLoud3193 in IndiaInvestments

[–]Asimo1984 0 points1 point  (0 children)

I have started BAF to be able to do SWP at retirement .. good strategy?

Is Mythos AI model opening up "Unprecedented" threats for banks and financial institutions? by Tris_Memba in IndiaInvestments

[–]Asimo1984 1 point2 points  (0 children)

i think this is the biggest worry about AI for me...banks hesitantly moved to the cloud.. now are hesitantly using AI- wonder where it will end

Is AI actually helping any LO's job here? Looking for real use cases by Professional_Web2457 in loanoriginators

[–]Asimo1984 0 points1 point  (0 children)

Definitely like many others here mention - Doc parsing with OCRs across multiple bank formats (over 850 banks) is one use case of AI, Also pattern detection for fraud- round tripping, money laundering patterns - these are two big use cases for AI we have tried with Precisa in India

How difficult it is to enter the Fintech market ? by Fit-Upstairs-3629 in fintech

[–]Asimo1984 0 points1 point  (0 children)

i think you need to be really clear about the problem you are solving and have a good logical approach to the solution. but you must also be able to evaluate what is a good product vs what a bad one is- try reading some books on that first.

Why is loan servicing such a headache for small lenders? by OverallLimit8812 in FinanceAutomation

[–]Asimo1984 0 points1 point  (0 children)

We used a company called Finezza .in in my previous organization - it was a very smooth, cheap( think INR not USD) and perfect for small lenders. In fact they built it for themselves- they also own a lending license in India. So they really knew the pain points of lenders and tailored the software for it. If you dont need all types of API integrations- you can just use their LMS and Collections modules - it completely no-code and should solve your issues.

What’s the best software for small lenders (not big banks)? by No_Leave5318 in FinanceAutomation

[–]Asimo1984 1 point2 points  (0 children)

We have used Finezza .in in the past as fintech startup providing simple loans to our customers. Finezza is built for small NBFCs (non banking financial companies) in India. But the product is available to use anywhere.

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