For financial institutions, disbursing a loan is only the beginning. The real challenge lies in ensuring repayments are collected smoothly and on time. Unfortunately, recurring payment solutions still face gaps, from mandate rejections and delayed activations to repeated defaults. That’s why the future of recurring payments lies in combining automation with predictive intelligence. The Problems in Recurring Payment Solutions Smarter…
Introduction: India Steps Up to Shape Ethical AI in Finance The Reserve Bank of India (RBI) has released a landmark report titled “FREEAI”—Framework for Responsible and Ethical Enablement of Artificial Intelligence. In a world where AI is already making decisions about who gets a loan, who gets flagged for fraud, or which customer gets a faster response, it’s critical to…
In today’s digital-first world, recurring collections are a crucial part of any subscription or loan-based business. But here’s a question most businesses don’t ask often enough: How much of your recurring payment collection process is automated and how much still depends on manual efforts? From uploading files to tracking mandates and sending reminders, manual processes silently drain time, increase failure…
In the world of lending, trouble rarely arrives without warning. The signs are often there — a cheque bounced twice in a month, a delay in financial reporting, a sudden surge in withdrawals, or an unusual RTGS transfer that doesn’t quite add up. But the reality?Most NBFCs and financial institutions fail to act on these signals in time. The High…
Digital payments in India have evolved rapidly. From UPI Autopay to real-time APIs, recurring payment systems today are faster, smarter, and more reliable than ever before. Yet despite this progress, many businesses especially in lending, insurance, subscriptions, and banking continue to rely on outdated mandate infrastructure: legacy NACH setups, Aadhaar-only flows, fragmented APIs, and manual processes And this isn’t just…
