The Rise of Digital Wallets: What Banks Must Do to Stay Relevant
Digital wallets are no longer just another tech trend; they’re quietly reshaping the very foundation of banking. The real shift isn’t about “apps replacing branches,” but about who truly owns the customer relationship in a world where most transactions begin with a tap on a screen rather than a visit to a branch. From my […]
Why Human-Centric Fintech Is at the Heart of Craft Silicon
In the fast-paced world of financial technology, it’s easy to get lost in the buzzwords—AI, APIs, cloud-native, blockchain. But behind every line of code, behind every transaction, there’s one thing that matters more than anything else: people. At Craft Silicon, we’ve never forgotten that. And we never will. Human-Centric by Design, Not by Trend […]
Fintech Partnerships: Why Banks & Fintechs Are Partnering in India
Picture a bank that feels as modern as your favourite app, approving loans in minutes and letting you pay with a quick scan. This is the magic happening in India as banks and Fintech companies join forces. These Fintech partnerships are transforming banking, making it faster, simpler, and more accessible. Let’s explore why banks and […]
LEND A HAND, NOT A HANDICAP: ACCESSIBILITY IN FINTECH
Accessibility isn’t just a compliance checkbox—it’s a commitment to removing barriers, enhancing usability, and making your platform intuit..
The New Era of Gold Loans: Fintech Solutions Leading the Way
India, the world’s most populous country, boasts of a rich cultural heritage where gold jewelry plays a central role. Indian families collectively hold about 25,000 tonnes of gold, valued around Rs 125 lakh crores. The gold loan market, currently valued at Rs 7.2 lakh crores for fiscal 2023-24, is expected to double in the next […]
Mastering Micro Lending: Training required by a BFSI Professional
Introduction: In the ever-evolving world of Banking, Financial Services, and Insurance (BFSI), staying ahead of the curve is crucial. As financial products become increasingly sophisticated, understanding their functionality is key to delivering exceptional service. This blog explores the importance of micro lending products and offers essential training tips for employees to enhance their knowledge and […]
Digitalization of Lending Process
Transforming from traditional manual loan processing to a digital approach can be done either by digitalization of the entire process at once or by gradually transitioning from manual to digital. This approach will not disrupt existing business operations and will provide time for resources to acclimatize with the new process. Digital journey or automation of […]
Innovating Digital Lending Through Creative Coding
Imagine a world where designers and developers must meet the rising demand for hyper-personalized lending solutions. The challenge? Creating applications that are not only functional but also engaging and efficient. Enter creative coding—a technique that bridges the gap between design and programming, enabling financial technology companies to craft tailor-made digital experiences that cater to both […]
Nimble MSME Loan Solution – A Winning Formula for MSME Lending
The Indian MSME sector, the lifeblood of our economy faces a familiar challenge: access to credit. Traditional methods rely heavily on credit history, a hurdle for young businesses. Here’s where Craft Silicon’s Nimble Business Loan Origination System steps in, offering a powerful solution with industry-specific cash flow analysis to revolutionize MSME lending in India. Imagine […]
The Impact of Customer App (Lending) on Financial Institutions
The significance of Customer App in the lending sector was highlighted during the COVID-19 lockdown in 2019, prompting financial institutions worldwide to embrace digitalization to remain competitive. The challenges posed by the pandemic made it increasingly difficult to cater to customer needs in person, underscoring the importance of digital solutions to stay ahead in the market. […]