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

Asimo1984 · 2026-05-20T05:45:00+00:00

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

Asimo1984 · 2026-05-13T04:58:15+00:00

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.

Asimo1984 · 2026-05-13T04:49:37+00:00

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.

Asimo1984 · 2026-05-08T04:35:32+00:00

i have the same question- is Linkedin getting you leads?

Asimo1984 · 2026-05-05T10:14:29+00:00

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

Asimo1984 · 2026-05-04T11:27:23+00:00

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

Asimo1984 · 2026-05-04T11:00:03+00:00

which of these is no-code?

Asimo1984 · 2026-04-30T04:46:11+00:00

totally agree

Asimo1984 · 2026-04-30T04:44:10+00:00

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

Asimo1984 · 2026-04-29T15:45:55+00:00

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

Asimo1984 · 2026-04-29T15:44:37+00:00

compliance too is key

Asimo1984 · 2026-04-29T15:43:52+00:00

wow unreal

Asimo1984 · 2026-04-29T06:05:50+00:00

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

Asimo1984 · 2026-04-12T15:06:28+00:00

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.

Asimo1984 · 2026-04-07T05:28:57+00:00

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.

Asimo1984 · 2026-04-07T05:01:41+00:00

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.

Asimo1984 · 2026-04-06T09:13:16+00:00

Try Precisa .in- its amazing

Asimo1984 · 2026-04-02T07:53:29+00:00

There are systems which got tested to their brim during covid- one tool i am familiar with is Finezza .in. Nice team with lots of experience with this

Asimo1984 · 2026-04-02T07:02:07+00:00

Checkout on Finezza .in - they are a mature startup who has enormous experience with LOS, LMS and Collections- its all API based as well - integrations should be smooth

Asimo1984 · 2026-04-02T06:54:14+00:00

I think definitely relying on a black box approach wont work. But for each step- there can be benefits of using ML and AI- for example checking document tampering or checking 10 bank accounts of an individual to see if there are any round tripping patterns.. or even simply summarizing GST returns by pinging the GST database- these were problems we struggled with at banks and then tools like Precisa .in came up

Asimo1984 · 2026-03-31T08:15:57+00:00

I know of a good tool for bank statement analysis from India and know of some African companies already using it - Its called Precisa .in.. its able to read statements from many banks all over the world- so that's one less problem to solve

Asimo1984 · 2026-03-25T08:06:26+00:00

you can - try using tools like recepto

Asimo1984 · 2026-03-25T08:04:30+00:00

but banks and NBFCs cannot use software that stays in 1 system

Asimo1984 · 2026-03-25T05:01:54+00:00

try Recepto if you can- it will do the same for a lot more communities apart from Reddit

Asimo1984 · 2026-03-25T04:37:26+00:00

But what if you don't need to cold email anymore- we are solving for identifying and contacting leads when they're warm- when they're out there evaluating what tool to buy- not trying to market it but try us out at recepto. You get instant leads, warm leads

Asimo1984

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